KPa-BM Holdings Limited — Proxy Solicitation & Information Statement 2007

Apr 23, 2007

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(Incorporated in Bermuda with limited liability)

(Stock Code: 1193)

PROXY FORM

Form of proxy for use at the Annual General Meeting to be held at Rooms 4003-06, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong on Tuesday, the 15th day of May, 2007 at 4:15 p.m. and at any adjournment thereof.

I/We (note 1)

of

being the registered holder(s) of (note 2) shares of HK$0.10 each in the capital of China Resources Logic Limited (“the Company”), HEREBY APPOINT (note 3) of

or failing him, the chairman of the meeting, to act for me/us as my/our proxy at the Annual General Meeting of the Company to be held on Tuesday, the 15th day of May, 2007 at 4:15 p.m. for the purpose of considering and, if thought fit, passing the resolutions as set out in the notice convening the said meeting and at such meeting (or at any adjournment thereof) to vote for me/us and on my/our behalf in respect of the resolutions as hereunder indicated or, if no such indication is given, as my/our proxy thinks fit (note 4).

							For	Against
1.	To receive and consider the audited consolidated financial statements and the reports of the
	Directors and the Auditors for the		year ended 31st		December, 2006.
2.	To declare a final dividend.
3.	(1)	To re-elect Mr. Zhu Jinkun as Director.
	(2)	To re-elect Mr. Wang Guoping as Director.
	(3)	To re-elect Mr. Ong Thiam Kin, Ken as Director.
	(4)	To re-elect Dr. Chen Cheng-yu, Peter as Director.
	(5)	To re-elect Mr. Jiang Wei as	Director.
	(6)	To re-elect Mr. Liu Yanjie as Director.
	(7)	To re-elect Mr. Li Fuzuo as Director.
	(8)	To re-elect Mr. Wong Tak Shing as Director.
	(9)	To re-elect Mr. Yang Chonghe, Howard as Director.
	(10)	To authorise the Board of Directors to fix the remuneration of the Directors.
4.	To re-appoint Messrs. Deloitte Touche Tohmatsu, Certified Public Accountants, as Auditors and
	to authorise the Board of Directors to fix the Auditors’ remuneration.
5.	A.	To give a general mandate to	the Directors to		allot, issue and deal with additional shares
		of the Company not exceeding 20 per cent.			of the existing issued share capital of the
		Company (the “General Mandate”).
	B.	To give a general mandate to the		Directors	to repurchase shares of the Company not
		exceeding 10 per cent. of	the existing issued share capital of			the Company (the
		“Repurchase Mandate”).
	C.	To issue under the General	Mandate an additional number of shares representing the
		number of shares repurchased under the Repurchase Mandate.

Dated this day of 2007 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 the shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares in the Company registered in your name(s).

3. Please insert the name and address of the proxy desired. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY.

4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PUT A TICK IN THE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, PUT A TICK IN THE BOX MARKED “AGAINST”. Failure to do so will entitle your proxy to cast his vote at his discretion. Your 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 you or your attorney duly authorised in writing or in the case of a corporation must be either under its common seal or under the hand of an officer or attorney duly authorised.

6. Where there are joint registered holders of any share, any one of such persons may vote at the meeting, either personally or by proxy, in respect of such shares as if he was solely entitled thereto; but if more than one of such joint holders be present at the meeting personally or by proxy, that one of the said persons so present whose name stands first on the register of members in respect of such shares shall alone be entitled to vote in respect thereof.

7. To be valid, this form of proxy, 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 Company’s principal place of business at Rooms 4003-06, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong not less than 48 hours before the time appointed for the holding of the meeting or any adjournment thereof.

8. Any member entitled to attend and vote at the meeting may appoint one or more proxies to attend and, on a poll, vote instead of him. The proxy need not be a member of the Company but must attend the meeting in person to represent you.

9. Completion and delivery of the form of proxy will not preclude you from attending and voting at the meeting if you so wish.

10. ANY ALTERATION MADE TO THIS FORM MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.