Medlive Technology Co., Ltd. — Board/Management Information 2008

Dec 3, 2008

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HISENSE KELON ELECTRICAL HOLDINGS COMPANY LIMITED 海信科龍電器股份有限公司

(A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 00921)

ANNOUNCEMENT

RESIGNATION OF DIRECTOR AND PRESIDENT

The board of directors (the “ Board ”) of Hisense Kelon Electrical Holdings Company Limited (the “ Company ”) announces that due to personal reasons, Mr. Wang Shi Lei (“ Mr. Wang ”) tendered his resignation as the director and the president of the Company. The afore-mentioned resignations of Mr. Wang become effective from the date of this announcement. Mr. Wang confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignations that need to be brought to the attention of the shareholders of the Company or to The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). The Board is in the course of preparing for the work relating to the nomination of candidate for director and the appointment of the president of the Company, the details of which will be disclosed timely.

The Board would like to take this opportunity to express its appreciation for Mr. Wang’s contributions to the Company during his tenure of office.

Trading in the H shares of the Company

At the request of the Company, trading in the H shares of the Company was suspended with effect from 10:00 a.m. on 16 June 2005, pending the release of an announcement in relation to price-sensitive information of the Company.

The Company received a letter from the Stock Exchange dated 5 June 2008 agreeing that trading in the H shares of the Company be allowed to resume subject to the fulfilment of the conditions as set out in its letter to the satisfaction of the Stock Exchange prior to the resumption of trading in the H shares of the Company. Please refer to the announcement of the Company dated 6 June 2008 for details of such

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conditions. The Company has appointed an independent professional firm to conduct a review on the internal control system of the Company and its subsidiaries.

By order of the Board of

Hisense Kelon Electrical Holdings Company Limited

Tang Ye Guo

Chairman

Foshan City, Guangdong, the PRC, 3 December 2008

As at the date of this announcement, the Company’s directors are Mr. Tang Ye Guo, Ms. Yu Shu Min, Mr. Lin Lan, Ms. Liu Chun Xin and Mr. Zhang Ming; and the Company’s independent non-executive directors are Mr. Zhang Sheng Ping, Mr. Lu Qing and Mr. Cheung Yui Kai, Warren.

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