Joy Spreader Group Inc. — Share Issue/Capital Change 2007

Feb 2, 2007

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(incorporated in Bermuda with limited liability) (Stock code: 8279)

CHANGE OF BOARD LOT SIZE

SUMMARY

A change of the board lot size for trading in the Shares of the Company from 20,000 Shares to 4,000 Shares will become effective from 9:30 a.m. on Monday, 26 February 2007.

Shareholders may submit their share certificates in board lot(s) of 20,000 Shares (yellow in colour) to the Company’s branch share registrar in Hong Kong in exchange for new share certificates in board lots of 4,000 Shares (light blue in colour) free of charge between 9:00 a.m. and 4:00 p.m. on any business day from Thursday, 8 February 2007 to Monday, 26 March 2007 (both dates inclusive).

The Board wishes to announce that the board lot size for trading in the Shares will be changed from 20,000 Shares to 4,000 Shares with effect from 9:30 a.m. on Monday, 26 February 2007.

The change in board lot size will not result in any change in the relative rights of the Shareholders. No odd lots of the Shares will be resulted from the aforesaid change of the board lot size, other than those already existed before such change becoming effective.

Based on the closing price of HK$1.57 per Share as at the date of this announcement and the existing board lot size of 20,000 Shares, the prevailing board lot value is HK$31,400. On the basis of the aforesaid closing price and the new board lot size of 4,000 Shares, the new board lot value would be HK$6,280. The change in board lot size will decrease the value of each board lot of the Shares and is expected to increase interests, particularly among retail investors, in trading in the Shares, thereby enhancing the liquidity of the Shares and broadening the Shareholders base of the Company. The Directors consider that the change of the board lot size is in the interest of the Company and its Shareholders as a whole.

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FREE EXCHANGE OF SHARE CERTIFICATES

In respect of the change of board lot size, Shareholders may submit their Existing Share Certificates in board lot(s) of 20,000 Shares (yellow in colour) to the Company’s branch share registrar in Hong Kong, Abacus Share Registrars Limited, at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong, in exchange for the New Share Certificates in board lots of 4,000 Shares (light blue in colour) free of charge between 9:00 a.m. and 4:00 p.m. on any business day from Thursday, 8 February 2007 to Monday, 26 March 2007 (both dates inclusive). It is expected that New Share Certificates will be available for collection within 10 business days after the submission of the Existing Share Certificates to Abacus Share Registrars Limited for exchange.

From 27 March 2007 onwards, exchange of Existing Share Certificates for New Share Certificates can only be made at a cost of HK$2.50 (or such higher amount as may be allowed by The Stock Exchange of Hong Kong Limited from time to time) for each Existing Share Certificate cancelled or each New Share Certificate issued, whichever number of share certificates involved is higher. All Existing Share Certificates in board lots of 20,000 Shares will continue to be good evidence of legal title to such Shares and will be valid for delivery, trading and settlement purposes.

As from Monday, 26 February 2007, any New Share Certificate will be issued in board lots of 4,000 Shares. The New Share Certificates will be issued in light blue colour in order to distinguish them from the Existing Share Certificates which are in yellow colour.

EXPECTED TIMETABLE FOR THE CHANGE OF BOARD LOT SIZE

2007

First day of free exchange of Existing Share Certificates (yellow in colour) in board lots of 20,000 Shares for New Share Certificates (light blue in colour)

in board lots of 4,000 Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday, 8 February

Effective date of the change in board lot size

from 20,000 Shares to 4,000 Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 26 February

Original counter for trading in board lots of 20,000 Shares closes and becomes counter for trading in board lots of 4,000 Shares (in the form of New Share Certificates) . . . . . . . . . . . . . . . . . . . 9:30 a.m. on Monday, 26 February Temporary counter for trading in board lots

of 20,000 Shares opens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:30 a.m. on Monday, 26 February Parallel trading in the Shares (in the form of Existing Share Certificates and New Share

Certificates) commences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:30 a.m. on Monday, 26 February Temporary counter for trading in board lots of 20,000 Shares (in the form of Existing

Share Certificates) closes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Monday, 19 March

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Parallel trading in the Shares (in the form of Existing

Share Certificates and New Share Certificates) ends . . . . . . . . . . 4:00 p.m. on Monday, 19 March

Last day for free exchange of Existing Share

Certificates in board lots of 20,000 Shares

for New Share Certificates in board lots of 4,000 Shares . . . . . . . . . . . . . . . . . Monday, 26 March

DEFINITIONS

In this announcement, the following expressions have the meanings set out below unless the context requires otherwise.

“Board”	board of Directors
“Company”	MegaInfo Holdings Limited, a company incorporated in Bermuda
	with limited liability and the issued shares of which are listed on
	GEM
“Directors”	the directors of the Company
“Existing Share Certificate(s)”	certificates of Shares in board lot(s) of 20,000 Shares (yellow in
	colour)
“GEM”	the Growth Enterprise Market of The Stock Exchange of Hong
	Kong Limited
“GEM Listing Rules”	the Rules Governing the Listing of Securities on GEM
“Hong Kong”	the Hong Kong Special Administrative Region of the PRC
“New Share Certificate(s)”	certificates of Shares in board lot(s) of 4,000 Shares (light blue in
	colour)
“Share(s)”	ordinary share(s) of HK$0.002 each in the capital of the Company
“Shareholders”	holders of Shares in issue
	By order of the Board
	MegaInfo Holdings Limited
	Sun Ho
	Chairman

Hong Kong, 2 February 2007

As at the date of this announcement, the Board comprises Mr. Sun Ho and Mr. Kot Wai Ming as executive Directors; Mr. Wang Ronghua, Mr. Hua Fengmao and Mr. Kwok Wing Leung Andy as independent non-executive Directors.

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This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the “Latest Company Announcement” page of the internet website operated by the The Stock Exchange of Hong Kong Limited for the purposes of GEM at www.hkgem.com for at least seven days from the day of its posting.

• For identification purpose only

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