Paradise Entertainment Limited — Proxy Solicitation & Information Statement 2011

Apr 28, 2011

PARADISE ENTERTAINMENT LIMITED

*****

(Incorporated in Bermuda with limited liability)

(Stock Code: 1180)

Form of Proxy for use by shareholders at the Annual General Meeting

I/We[1]

of

being holder(s) of[2]

shares of HK$0.10 each in the capital of

Paradise Entertainment Limited (the “Company”), HEREBY APPOINT[3]

of

as my/our proxy to act for me/us at the Annual General Meeting (or at any adjournment thereof) of the Company to be held at Unit C, 19th Floor, Entertainment Building, 30 Queen’s Road Central, Hong Kong on Thursday, 2 June 2011 at 11:00 a.m. for the purpose of considering and, if thought fit, passing with or without amendments the resolutions set out in the notice convening the said Meeting and at such Meeting (or at any adjournment thereof) to vote for me/us and in my/ our name(s) in respect of such resolutions as hereunder indicated, and, if no indication is given, as my/our proxy thinks fit.

• Ordinary Resolutions For[4] Against[4]

• 1. To receive and consider the audited financial statements and the directors’ report and the auditors’ report for the year ended 31 December 2010.
• 1. (a) To re-elect Mr. Jay Chun as a director of the Company. (b) To re-elect Mr. Mr. Li John Zongyang as a director of the Company.
• 1. To authorise the board of directors to fix the directors’ remuneration. 4. To re-appoint auditors and to authorise the board of directors to fix their remuneration.
• 1. To give a general mandate to the directors of the Company to repurchase shares of the Company.
• 1. To give a general mandate to the directors of the Company to issue shares of the Company.
• 1. To extend the general mandate granted to the directors of the Company to issue shares by the nominal amount of shares repurchased.
• 1. To refresh the scheme mandate limit.

Dated this day of 2011 Signature(s)[5]

Notes:

1. Full name(s) and address 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. Full name and address to be inserted in BLOCK CAPITALS. IF NOT COMPLETED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY.

4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, TICK IN THE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK IN THE BOX MARKED “AGAINST”. If no direction is given, the proxy will vote or abstain as he thinks fit. 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 executed either under seal or under the hand of an officer or attorney duly authorised.

6. In order 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 of that power or authority, must be deposited at the branch share registrars of the Company in Hong Kong, Tricor Secretaries Limited at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Hong Kong not less than 48 hours before the time appointed for holding the meeting or any adjournment thereof.

7. In the case of joint holders of any share, any one of such persons may vote at the said meeting, either personally or by proxy, in respect of such share as if he was solely entitled thereto, but if more than one of such joint holders is present at the said 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 share shall alone be entitled to vote in respect thereof.

8. The proxy need not be a member of the Company but must attend the meeting in person to represent you.

9. Any alterations made to this form of proxy must be initialled.

• For identification purposes only