hmvod Limited — Earnings Release 2009

Mar 26, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

**Tai Shing International (Holdings) Limited *** 泰盛國際（控股）有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8103)

PROFIT ALERT

This announcement is made by the Company pursuant to Rules 17.10 of the GEM Listing Rules.

The Board wishes to inform the Shareholders and potential investors that it is expected that the Group may record a profit for the fourth quarter of the current financial year. As a result, the financial performance of the Group for the year ending 31 March 2009 is expected to improve significantly as compared to the Group’s audited net loss of approximately HK$19,853,000 for the year ended 31 March 2008. Such improvement is mainly attributable to positive contribution from the business of provision of systems developments, installation and consulting service as it is expected that the Group is able to complete a few scalable contracts in relation to such business in the last quarter of the financial year ending 31 March 2009.

Shareholders and potential investors should exercise caution when dealing in the shares of the Company.

This announcement is made by Tai Shing International (Holdings) Limited (the “Company”, together with subsidiaries, the “Group”) pursuant to Rule 17.10 of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “GEM Listing Rules”).

The board (the “Board”) of directors (the “Directors”) of the Company wishes to inform the shareholders of the Company (the “Shareholders”) and potential investors that it is expected that the Group may record a profit for the fourth quarter of the current financial year. As a result, the financial performance of the Group for the year ending 31 March 2009 is expected to improve significantly as compared to the Group’s audited net loss of approximately HK$19,853,000 for the year ended 31 March 2008. Such improvement is mainly attributable to positive contribution from the business of provision of systems developments, installation and consulting service as it is expected that the Group is able to complete a few scalable contracts in relation to such business in the last quarter of the financial year ending 31 March 2009.

The information contained in this announcement is only based on the preliminary assessment by the management of the Company in accordance with the unaudited management accounts of the Group and has not been finalised, and reviewed by the Company’s auditors and may be subject to adjustments. The results announcement of the Company for the year ending 31 March 2009 (the “Results Announcement”) is expected to be released before 30 June 2009. Shareholders and potential investors are advised to read carefully the Results Announcement.

* For identification purposes only

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Shareholders and potential investors should exercise caution when dealing in the shares of the Company.

By Order of the Board Tai Shing International Holdings Limited Luk Yat Hung Chairman and Executive Director

Hong Kong, 26 March 2009

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors:

Mr. Luk Yat Hung (Chairman) Ms. Li Wenli

Independent non-executive Directors: Professor Ip Ho Shing, Horace Mr. Yan Yonghong Mr. Peng Lijun Mr. Tang Sze Lok

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the Stock Exchange of Hong Kong Limited’s website at http://www.hkexnews.hk on the “Latest Company Announcements” page for at least 7 days from the date of its publication.

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