Lee & Man Paper Manufacturing Limited — Proxy Solicitation & Information Statement 2007

Sep 7, 2007

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(Stock Code: 2314)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting of Lee & Man Paper Manufacturing Limited (the ‘‘Company’’) will be held at 5th Floor, Liven House, 61–63 King Yip Street, Kwun Tong, Kowloon, Hong Kong on Friday, 28 September, 2007 at 4:00 p.m. for the purposes of considering and, if thought fit, passing, with or without modifications, the following resolution of the Company:

ORDINARY RESOLUTION

‘‘THAT the Subscription Agreement (‘‘the Subscription Agreement’’) dated 24 August 2007 between Fortune Sight Group Limited, Lee & Man Industries Company Limited and Well Boom International Limited for the subscription of 900 shares in the share capital of Fortune Sight Group Limited and the transactions contemplated thereunder (including, amongst other things, the entering into of a shareholders’ agreement (the ‘‘Shareholders’ Agreement’’) between the same parties and the potential shareholders loan to be made thereunder) be and are hereby approved and any one director be and are hereby authorised to exercise all the powers of the Company and take all other steps as they may in their opinion to be desirable or necessary in connection with the Subscription Agreement and/or the Shareholders’ Agreement including without limitation, settling, approving and executing one or more agreements in connection with the Subscription Agreement and/or the Shareholders’ Agreement and generally to exercise all the powers of the Company as they deem desirable or necessary in connection with the foregoing.’’

By order of the Board of Lee & Man Paper Manufacturing Limited Cheung Kwok Keung Company Secretary

10 September, 2007

Notes:

1. Shareholders entitled to attend and vote at the extraordinary general meeting are entitled to appoint one or more persons (whether or not a shareholder of the Company) as their proxy to attend and vote on behalf of themselves. A proxy need not be a shareholder of the Company but must attend the meeting in person to represent a shareholder.

• For identification purposes only

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1. The form of proxy must be signed by a shareholder or an attorney duly authorized in writing by a shareholder or, in the case of a corporation must be either executed under its common seal or under the hand of an officer or attorney or other person duly authorized to sign the same.

2. In the case of joint holders of a share if more than one of such joint holder be present at any meeting, the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint holder(s) and for this purpose seniority shall be determined by the order in which the names stand in the Register of Members.

3. In order to be valid, the form of proxy, together with the power of attorney (if any) or other authority under which it is signed or a notarially certified copy thereof, must be deposited at the Company’s Hong Kong branch share registrar, Tricor Investor Services Limited, at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Hong Kong, not less than 48 hours before the time for holding the meeting.

4. Completion and delivery of the form of proxy will not preclude a shareholder from attending and voting at the Extraordinary General Meeting if such shareholder so wishes. In such event, the instrument appointing a proxy shall be deemed to be revoked.

As at the date of this notice, the board of directors of the Company comprises four executive directors, namely Mr. Lee Wan Keung, Patrick, Mr. Lee Man Chun, Raymond, Mr. Lee Man Bun and Mr. Li King Wai, Ross, one non-executive director, namely Professor Poon Chung Kwong and three independent non-executive directors, namely Mr. Wong Kai Tung, Tony, Mr. Heng Kwoo Seng and Ms. Law Kar Shui, Elizabeth.

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