IDT International Limited — Proxy Solicitation & Information Statement 2000

Aug 7, 2000

Asia Commercial Holdings Limited

(Incorporated in Bermuda with limited liability)

Notice of Annual General Meeting

NOTICE IS HEREBY GIVEN that an annual general meeting of the Company will be held at Plaza 4, Century Hong Kong Hotel, 238 Jaffe Road, Wanchai, Hong Kong on Friday, the 22nd day of September, 2000 at 10:30 a.m. for the following purposes:

1. To receive and consider the financial statements and the reports of the directors and auditors for the year ended 31st March, 2000.

2. To re-elect directors and authorise the Board to fix the remuneration of directors.

3. To appoint auditors and authorise the Board to fix their remuneration.

By Order of the Board

SUM Pui Ying

Secretary

Hong Kong, 4th August, 2000

Notes:

1. Any member of the Company entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote in his stead. A proxy need not be a member of the Company.

2. To be valid, a proxy form, together with the power of attorney or other authority (if any) under which it is signed or a notarially certified copy thereof, must be deposited at the head office and principal place of business of the Company at Units 1701-2 & 8-10, 17th Floor, Dominion Centre, 43-59 Queen's Road East, Wanchai, Hong Kong not less than forty-eight hours before the appointed time for holding the meeting or any adjournment thereof.