New World Development Company Limited — Proxy Solicitation & Information Statement 2008

Oct 3, 2008

恒隆集團有限公司

HANG LUNG GROUP LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00010)

PROXY FORM

I/We ________________________________________________________________

of ________________________________________________________________

being the registered holder(s) of _________________________________________ shares of $1.00 each of Hang Lung Group Limited (“the Company”) hereby appoint ________________________________________________________________

of ________________________________________________________________

or failing him ________________________________________________________________

of ________________________________________________________________

or failing him the Chairman of the Annual General Meeting (“the Meeting”) to act as my/our proxy to attend and on a poll to vote for me/us and on my/our behalf at the Meeting of the Company to be held at 28th Floor, Standard Chartered Bank Building, 4 Des Voeux Road Central, Hong Kong on Monday, 3 November, 2008 at 11:00 a.m. and of any adjournment thereof as indicated below:-

Resolutions*	For	Against
1. To receive and consider the Financial Statements and Reports of the Directors and Auditors for the year ended 30 June, 2008
2. To declare the final dividend recommended by the Directors
3. A. To re-elect Mr. Gerald Lokchung Chan as a Director
B. To re-elect Mr. Ronnie Chichung Chan as a Director
C. To re-elect Mr. Nelson Wai Leung Yuen as a Director
D. To authorise the Board of Directors to fix Directors’ fees
4. To re-appoint KPMG as Auditors of the Company at a fee to be agreed with the Directors
To approve the following Ordinary Resolutions:-

1. A. general mandate to Directors to purchase the Company’s own shares B. general mandate to Directors to issue additional shares C. authorisation to Directors to include the number of shares repurchased re. issue of shares | | |

Date: ________________________________________________________________

Signature: ________________________________________________________________

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.
2. Please insert the number of 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 capital of the Company registered in your name(s).
3. If you wish to vote FOR or AGAINST the Resolution, please indicate with a “√” in the appropriate space. In the absence of any such indication, the proxy will vote or abstain at his discretion.
4. A member entitled to attend and vote at the Meeting is entitled to appoint one or more proxies to attend and vote instead of him; a proxy need not be a member.
5. If the appointer is a corporation, this form must be under its common seal or under the hand of any officer or attorney duly authorised in that behalf.
6. In the case of joint holders, if more than one of such joint holders be present personally or by proxy, that one of the said persons so present whose name stands first on the register shall alone be entitled to vote.
7. To be effective, this form together with the power of attorney, or other authority, if any, under which it is signed, or a notarially certified copy of that power of authority, must be deposited at the registered office of the Company at 28th Floor, 4 Des Voeux Road Central, Hong Kong not less than 48 hours before the time appointed for the Meeting or any adjournment thereof.
8. Completion and return of this form of proxy will not preclude you from attending and voting at the Meeting (or at any adjournment thereof) if you so wish. In such event, this form of proxy will be deemed to have been revoked.

• The full text of the Resolutions is set out in the Notice of the Meeting.