hmvod Limited — Share Issue/Capital Change 2010

May 20, 2010

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)

CHANGE OF BOARD LOT SIZE

The Board announces that the board lot size of the Shares for trading on the Stock Exchange will be changed from 20,000 Shares to 10,000 Shares with effect from Monday, 14 June 2010. The expected timetable for such change in board lot size is set out below.

Shareholders may submit their existing share certificates in board lot of 20,000 Shares each to the Company’s Hong Kong branch share registrar in exchange for new share certificates in board lot of 10,000 Shares each free of charge during business hours, 9:00 a.m. to 4:30 p.m., from Monday, 31 May 2010 to Thursday, 8 July 2010 (both dates inclusive).

CHANGE OF BOARD LOT SIZE

The board of directors (“ Board ”) of Tai Shing International (Holdings) Limited (“ Company ”) announces that the board lot size for trading in the ordinary shares of HK$0.005 each in the capital of the Company (“ Share(s) ”) on The Stock Exchange of Hong Kong Limited (“ Stock Exchange ”) will be changed from 20,000 Shares to 10,000 Shares with effect from Monday, 14 June 2010. The Board believes that the reduced board lot size may facilitate the trading and improve the liquidity of the Shares and enable the Company to attract more investors and broaden its shareholder base. The change in board lot size will not affect any rights of the shareholders of the Company (“ Shareholders ”).

EXPECTED TIMETABLE FOR THE CHANGE OF BOARD LOT SIZE

First day for free exchange of existing share certificates in

board lot of 20,000 Shares each for new share certificates

in board lot of 10,000 Shares each................................................................................ Monday, 31 May 2010

Effective date of the change in board lot size from 20,000 Shares to 10,000 Shares .................................................................................... Monday, 14 June 2010

Original counter for trading in the Shares in board lot of 20,000 Shares each becomes counter for trading in

the Shares in board lot of 10,000 Shares each.........................................9:30 a.m. on Monday, 14 June 2010

* For identification purpose only

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Temporary counter for trading in the Shares in board lot of 20,000 Shares each opens.........................................................................9:30 a.m. on Monday, 14 June 2010

Parallel trading in Shares commences .........................................................9:30 a.m. on Monday, 14 June 2010

Temporary counter for trading in the Shares in board lot of

20,000 Shares each closes .......................................................................... 4:00 p.m. on Tuesday, 6 July 2010

Parallel trading in Shares ends ....................................................................... 4:00 p.m. on Tuesday, 6 July 2010

Last day for free exchange of existing share certificates in board lot of 20,000 Shares each for new share certificates

in board lot of 10,000 Shares each................................................................................. Thursday, 8 July 2010

FREE EXCHANGE OF SHARE CERTIFICATES

Shareholders may submit their existing share certificates in board lot of 20,000 Shares each to the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Hong Kong in exchange for new share certificates in board lot of 10,000 Shares each free of charge during business hours, 9:00 a.m. to 4:30 p.m., from Monday, 31 May 2010 to Thursday, 8 July 2010 (both dates inclusive). Such exchange of share certificates thereafter will be accepted only on payment of a fee of HK$2.50 (or such higher amount as may from time to time be specified by the Stock Exchange) for each new share certificate in board lot of 10,000 Shares each issued or each existing share certificate submitted, whichever number of share certificate involved is higher.

It is expected that the new share certificates will be available for collection from the Company’s Hong Kong branch share registrar by the Shareholders within 10 business days after delivery of the existing share certificates to the Company’s Hong Kong branch share registrar for exchange purpose.

As from Monday, 31 May 2010, all new share certificates will be issued in board lot of 10,000 Shares each (except for odd lots or where the Company’s Hong Kong branch share registrar is otherwise instructed). Save and except for the change in the number of Shares for each board lot, new share certificate will have the same format and colour as the existing share certificate. The colour of the existing share certificate is red. All existing share certificates in board lot of 20,000 Shares each will continue to be evidence of legal title to such Shares and be valid for delivery, transfer and settlement purposes.

By order of the Board Tai Shing International (Holdings) Limited Wong Chung Wai, Eric Executive Director

Hong Kong, 20 May 2010

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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 Mr. Wong Chung Wai, Eric Mr. Chan Yun Sang Mr. Ng Chi Wing

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

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 of Hong Kong Limited 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 “Latest Company Announcement” page of the GEM website for at least 7 days from its date of publication.

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