Hony Media Group — Board/Management Information 2007

Jun 7, 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)

CHANGE OF DIRECTORS

The Board announces that Ms. Ching Yuen Man, Angela has ceased to be an independent non-executive director of the Company upon her retirement by rotation from the Board at the annual general meeting of the Company held on 6 June 2007.

The Board is pleased to announce that Mr. Chan Sek Nin, Jackey has been appointed as independent non-executive director of the Company effective from 6 June 2007.

RETIREMENT OF DIRECTOR

The board of Directors (the “Board”) of China Strategic Holdings Limited (the “Company”) announces that Ms. Ching Yuen Man, Angela has ceased to be an independent non-executive director of the Company upon her retirement by rotation from the Board at the Company’s annual general meeting held on 6 June 2007.

Ms. Ching retired by rotation and has not offered herself for re-election due to her other business and personal commitment. Ms. Ching has confirmed that she has no disagreement with the Board and there is no matter relating to her retirement that will need to be brought to the attention of the shareholders of the Company.

APPOINTMENT OF DIRECTOR

The Board is pleased to announce that Mr. Chan Sek Nin, Jackey has been appointed as independent non-executive director of the Company effective from 6 June 2007. Mr. Chan Sek Nin, Jackey has also been appointed as member of the audit committee of the Company.

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Mr. Chan Sek Nin, Jackey, aged 50, obtained a Diploma in Economics from the Lingnan University in Hong Kong (now known as the Lingnan University). Mr. Chan has over 15 years of solid experience in sales and marketing in connection with the media industry by holding senior positions in TVB. He also has extensive experience in property development, project management and strategic alliance management by holding senior positions in other private and public listed companies. Mr. Chan is currently the independent non-executive director of Wonson International Holdings Limited which shares are listed on the Stock Exchange of Hong Kong Limited.

Save as disclosed above, Mr. Chan did not hold any directorships in any other listed public companies for the last three years and does not hold any other positions with the Group.

Mr. Chan has not entered into any service contract with the Company and has no fixed term of service with the Company. Mr. Chan’s directorship with 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. Mr. Chan will receive an annual remuneration of HK$60,000 which is determined by reference to his duties and responsibilities and the prevailing market conditions.

Mr. Chan does not have any relationships with any directors, senior management, substantial or controlling shareholder of the Company nor any interest in the shares in the Company within the meaning of Part XV of the Securities and Futures Ordinance as at the date of this announcement.

Save as disclosed above, Mr. Chan 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 provision of rule 13.51(2)(h) to 13.51(2)(v) of the Listing Rules.

By order of the Board Chan Ling, Eva Executive Director

Hong Kong, 6 June 2007

As at the date of this announcement, the Board comprises of three Executive Directors, Mr. Gao Yang, Mr. Kwok Ka Lap, Alva and Ms. Chan Ling, Eva and three Independent NonExecutive Directors, Mr. Wong King Lam, Joseph, Mr. Sin Chi Fai and Mr. Chan Sek Nin Jackey.

Please also refer to the published version of this announcement in The Standard.

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