Hony Media Group — Board/Management Information 2008

Sep 19, 2008

==> picture [47 x 47] intentionally omitted <==

CHINA STRATEGIC HOLDINGS LIMITED (中策集團有限公司)

(Incorporated in Hong Kong with limited liability)

(Stock Code : 235)

APPOINTMENT OF DIRECTOR

The board of directors (the “Board”) of China Strategic Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce that Mr. Hui Richard Rui (“Mr. Hui”) was appointed as an executive director of the Company with effect from 19 September 2008.

Mr. Hui, aged 40, graduated from University of Technology, Sydney of Australia with a bachelor degree in mechanical engineering. Mr. Hui has over 10 years of experience in management positions of companies in Australia, Hong Kong and the People’s Republic of China. Mr. Hui is currently an executive director of China Sci-Tech Holdings Limited which shares are listed in the main board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Mr. Hui was an executive director of Wonson International Holdings Limited which shares are listed in the main board of the Stock Exchange.

Save as disclosed herein, Mr. Hui 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. Hui has not entered into any service contract with the Company and has no fixed term of service with the Company save that Mr. Hui’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. Hui is entitled to a monthly salary of HK$60,000.00 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. Hui 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. Hui’s performance and the Group’s performance for the financial year concerned.

Save as disclosed herein, Mr. Hui does not have any relationships with any directors, senior management, 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.

— 1 —

Save as disclosed above, Mr. Hui 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.

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

By Order of the Board China Strategic Holdings Limited Chow Kam Wah Director

Hong Kong, 19 September 2008

As at the date hereof, the Board comprises Ms. Chiu Ching Ching, Mr. Wong Ah Chik, Mr. Zhang Hong Ren, Ms. Chan Ling, Eva, Mr. Hui Richard Rui, Mr. Lee Sun Man and Mr. Chow Kam Wah as executive directors of the Company, and Ms. Ma Yin Fan, Mr. Phillip Fei and Mr. Leung Hoi Ying as independent non-executive directors of the Company.

— 2 —