JD Logistics, Inc. — Remuneration Information 2005

Jan 21, 2005

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(Stock Code: 1172)

Announcement

The board of directors (the “Board”) of Midas International Holdings Limited (the “Company”) has approved the remuneration of Dr. Li Sau Hung, Eddy and Mr. Yau Chi Ming, both independent non-executive directors of the Company, and Mr. Dominic Lai, a non-executive director of the Company, as authorized in the Annual General Meeting of the Company held in 2004.

Further to the announcement on 5th August, 2004 in relation to the appointment of independent non-executive directors and re-designation of director, the Board announces that the remuneration for the year ended 31st December, 2004 for each of Dr. Li Sau Hung, Eddy and Mr. Yau Chi Ming, both independent non-executive directors of the Company, and Mr. Dominic Lai, a non-executive director of the Company, was HK$80,000. The remuneration has been determined by the Board as authorized in the Annual General Meeting of the Company held in 2004.

As at the date of this announcement, Mr. Chan Sheung Chiu, Mr. Kwong Tin Lap, Mr. Kwok Chi Fai, Ms. Li Mee Sum, Ann, Mr. Tang Chow Ming, Paul and Mr. Wong Chi Sing are executive directors, Mr. Lee Sai Wai and Mr. Dominic Lai are non-executive directors, Mr. Shek Lai Him, Abraham, Dr. Li Sau Hung, Eddy and Mr. Yau Chi Ming are independent non-executive directors of the Company.

By Order of the Board of Midas International Holdings Limited Chan Sheung Chiu Chairman

Hong Kong, 20th January, 2005

* For identification purpose only

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