hmvod Limited — Proxy Solicitation & Information Statement 2004

Apr 21, 2004

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes 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 ! " # $% & ' () * + ,[*]

(incorporated in the Cayman Islands with limited liability) (Website : http://www.taishingintl.com) (Stock Code : 8103)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting of Tai Shing International (Holdings) Limited (the “ Company ”) will be held at Yat Tung Heen Chinese Restaurant, 2/F, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong on Friday, 7 May 2004 at 2:45 p.m. for the purpose of considering and, if thought fit, passing (with or without amendments) the following as, an ordinary resolution of the Company:–

ORDINARY RESOLUTION

“ THAT the acquisition of the entire issued share capital of Treasure Wise Enterprises Limited from Ms. Li Lu Yuan (the “ Vendor ”) at a consideration of HK$9,080,000 through the issue and allotment by the Company of 18,160,000 of its shares of nominal value HK$0.05 each (each a “ Share ”, altogether the “ Consideration Shares ”) at the issue price of HK$0.50 per Share to the Vendor or her nominees pursuant to the conditional sale and purchase deed dated 23rd March, 2004 and entered into between the Company and the Vendor (the “ Deed ”) be and is hereby approved, confirmed and ratified and that any director of the Company (a “ Director ”) be and is hereby authorized generally to do or execute for and on behalf of the Company all such acts, deeds and things as he may deem in his absolute discretion, necessary, desirable or appropriate to effect or carry into effect any of the foregoing, including but not limited to the issue and allotment by the Company of 18,160,000 Shares as Consideration Shares at the issue price of HK$0.50 per Share to the Vendor or her nominees pursuant to the Deed and the terms of the Deed and the transactions contemplated therein.”

By order of the board of Directors

Tai Shing International (Holdings) Limited Young Wai Ching

Company Secretary

Hong Kong, 20 April, 2004

* For identification purposes only

– 1 –

Registered Office: Century Yard, Cricket Square Hutchins Drive P. O. Box 2681GT George Town Grand Cayman British West Indies

Head Office and principal place of business:

24/F., Prosperous Commercial Building 54 - 58 Jardine’s Bazaar Causeway Bay Hong Kong

As of the date hereof, Mr. Luk Yat Hung (Chairman) and Mr. Ho Cho Hang are executive directors of the Company; and Mr. Chung Shui Ming, Timpson and Professor Ip Ho Shing, Horace are independent nonexecutive directors of the Company.

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.

The announcement will remain on the GEM website at http://www.hkgem.com at the “Latest Company Announcements” page for at least 7 days from the date of its publication and on the website of the Company at http://www.taishingintl.com.

– 2 –