JD Logistics, Inc. — Proxy Solicitation & Information Statement 2004

Nov 23, 2004

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(Stock Code: 1172)

FORM OF PROXY FOR USE BY THE SHAREHOLDERS AT THE EXTRAORDINARY GENERAL MEETING TO BE HELD ON THURSDAY, 9TH DECEMBER, 2004 AT 10:00 A.M..

I/We, (note 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . being the registered holder(s) of (note 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ordinary shares of HK$0.10 each in the capital of Midas International Holdings Limited (the “Company”), hereby appoint (note 3) the Chairman of the Meeting or . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

as my/our proxy to attend and act for me/us and on my/our behalf at the Extraordinary General Meeting (the “Meeting”) of the Company to be held at 20th Floor, Gloucester Tower, The Landmark, 11 Pedder Street, Central, Hong Kong on Thursday, 9th December, 2004 at 10:00 a.m. and at any adjournment thereof for the purpose of considering and, if thought fit, passing the resolution set out in the notice convening the Meeting and at the Meeting to vote on my/our behalf as indicated below.

Please indicate with a “X” in the boxes provided how you wish the proxy to vote on your behalf (note 4) .

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FOR AGAINST
Ordinary Resolution
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Dated this . . . . . . . . . . . . . . . . . day of . . . . . . . . . . . . . . 2004.

Shareholder’s Signature . . . . . . . . . . . . . . . . . . . . . . . . . (note 5)

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS .

2. Please insert the number of shares registered in your name(s) and to which this form of proxy relates; if no number is inserted, this form of proxy will be deemed to relate to all the shares in the capital of the Company registered in your name(s).

3. If any proxy other than the Chairman of the Meeting is desired, the appointor must delete the words “the Chairman of the Meeting or” and insert the name and address of the proxy desired in the space provided. A proxy need not be a member of the Company, but must attend the Meeting in person to represent you. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALED BY THE SHAREHOLDER WHO SIGNS IT .

4. If this form is returned duly signed but without a specific indication as to how your proxy should vote, the proxy will vote or abstain at his discretion. The proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those referred to in the notice convening the Meeting.

5. This form of proxy must be signed by the appointor or his attorney duly authorised in writing, or if such appointor is a corporation, either under its common seal or under the hand of an officer or attorney so authorised, in the case of joint holders, this form of proxy must be signed by the member whose name stands first on the register of members.

6. In order to be valid, this form of proxy together with a power of attorney, if any, under which it is signed or a notarially certified copy thereof must be deposited with the Company’s registrars in Hong Kong, Computershare Hong Kong Investor Services Limited at 46th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong not less than 48 hours before the time for holding the Meeting or any adjourned Meeting.

7. Completion and return of this form of proxy will not preclude the appointor from attending and voting at the Meeting. In that event this form of proxy will be deemed to have been revoked.

8. In the case of joint holders of a share, any one of such holders may vote at the Meeting either in person or by proxy in respect of such share, but if one of such joint holders is present at the Meeting personally or by proxy, the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the other joint holder(s) and for this purpose, seniority will be determined by the order in which the names stand in the register of members in respect of the joint holders.

* For identification purpose only