Hony Media Group — Board/Management Information 2007

Jul 30, 2007

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CHINA STRATEGIC HOLDINGS LIMITED 中 策 集 團 有 限 公 司

(Incorporated in Hong Kong with limited liability) (Stock Code: 235)

APPOINTMENT OF EXECUTIVE DIRECTOR

The Board of directors (the “Board”) of China Strategic Holdings Limited (the “Company”) is pleased to announce that Mr. Chow Kam Wah (“Mr. Chow”) was appointed as an executive director of the Company with effect from 30 July 2007.

Mr. Chow, aged 44, holds a Master degree in Accountancy obtained from The Hong Kong Polytechnic University. He has over 15 years of experience in the management of finance and accounting. Mr. Chow did not hold any directorships in any listed public companies in the last three years and does not hold any other positions with the Company or other members of the group.

Mr. Chow has not entered into any service contract with the Company and has no fixed term of service with the Company. Mr. Chow’s directorship with the Company is subject to the retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. Mr. Chow is entitled to a monthly salary of HK$42,000.00 and a year end payment equivalent to one month of his basic salary (pro rata adjusted for any period shorter than a year), which is determined by reference to his duties and responsibilities and the prevailing market conditions. Mr. Chow may also be entitled to a bonus for each financial year of the Company which is at the discretion of the Board and determined by reference to Mr. Chow’s performance and the group’s performance for the financial year concerned.

Mr. Chow does not have any relationships with any directors, senior management or substantial or controlling shareholder of the Company nor any interests in the shares in the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) as at the date of this announcement.

Mr. Chow is not aware of any other matters that need to be brought to the attention of the holders of securities of the Company nor is there any information to be disclosed by the Company pursuant to any of the requirements under the rule 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board would like to express its warm welcome to Mr. Chow on his appointment.

By Order of the Board China Strategic Holdings Limited Chan Ling, Eva Director

Hong Kong, 30 July 2007

As the date of this announcement, the Board of the Company comprises Mr. Gao Yang, Mr. Kwok Ka Lap, Alva, Ms. Chan Ling, Eva, Mr. Chow Kam Wah as executive directors, and Mr. Wong King Lam, Joseph, Mr. Sin Chi Fai and Mr. Chan Sek Nin, Jackey as independent non-executive directors.