hmvod Limited — M&A Activity 2009

Nov 2, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim 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)

ANNOUNCEMENT

Reference is made to the announcement of Tai Shing International (Holdings) Limited (the “ Company ”) dated 14 October 2009 in relation to the negotiation (the “ Negotiation ”) with a potential investor on a possible disposal of the entire interest in the Company held by Wide Source Group Limited (“ Wide Source ”).

The board (the “ Board ”) of directors of the Company (the “ Directors ”) announces that the Company is informed by Wide Source, that the Negotiation has been terminated and it is not in discussion or negotiation with any other person regarding any disposal of the equity interest in the Company held by Wide Source. For the purpose of The Code on Takeovers and Mergers, the offer period is deemed to have closed on the date of this announcement, being 2 November 2009.

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

Hong Kong, 2 November 2009

* For identification purpose only

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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 Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange 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.

All Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement contained in this announcement misleading.

This announcement will remain on the website of the Growth Enterprise Market of the Stock Exchange at http://www.hkgem.com on the “Latest Company Announcements” page for at least 7 days from the date of its publication.

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