MOG Digitech Holdings Limited — Net Asset Value 2005

May 12, 2005

SHANGHAI INTERNATIONAL SHANGHAI GROWTH INVESTMENT LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock code: 00770)

As at April 30, 2005, the unaudited net asset value per share of the Company was US$6.41.

As at the date of this announcement, the board of directors of the Company comprises Mr. Wu, Choi Sun William and Dr. Xue, Wanxiang as executive directors; Dr. Hua, Min, Mr. Ong, Ka Thai and Mr. Yick, Wing Fat Simon as independent non-executive directors; and Mr. Cai, Nongrui, Mr. Chao, Hsi-hsiang, Mr. Chen, Chi-chuan, Mr. Chiang, Ching-yee, Mr. Chiu, Tak-chiang, Mr. Hu, Jinggang, Mr. Lee, Tien-chieh, Mr. Tseng, Ta-mon, Dr. Wang, Changhong and Mr. Zhou, Youdao as non-executive directors.

Hong Kong, May 13, 2005

Please also refer to the publish version of this announcement in the South China Morning Post.