Shanghai Able Digital Science&Tech Co., Ltd. — Proxy Solicitation & Information Statement 2001

Apr 17, 2001

SOUTH EAST ASIA WOOD INDUSTRIES

HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

Website:http://www.seawood.com.hk

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Pacific Place Conference Centre, Mont Blanc Room, Level 5, One Pacific Place, 88 Queensway, Hong Kong on Friday, 15 June 2001 at 3:00 p.m. for the following purposes:

1. To receive and consider the audited financial statements and the reports of the directors and auditors for the year ended 31 December 2000.

2. To re-elect directors and to fix the remuneration of directors.

3. To re-appoint auditors and to authorize the directors to fix their remuneration.

By Order of the Board

LI So Mui

Secretary

Hong Kong, 12 April 2001

Notes:

1. Any member who is entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote on his/her behalf. A proxy need not be a member of the Company.

2. To be valid, a form of proxy, together with any power of attorney or other authority (if any) under which it is signed, or a notarially certified copy thereof, must be lodged with the head office and principal place of business of the Company at Room 2602, 26th Floor, Bank of America Tower, 12 Harcourt Road, Central, Hong Kong no less than 48 hours before the time appointed for holding the meeting or any adjournment thereof.

Please also refer to the published version of this announcement in the i Mail dated 17/4/2001.