SIM Technology Group Limited — Declaration of Voting Results & Voting Rights Announcements 2006

Apr 24, 2006

SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 2000)

RESULTS OF ANNUAL GENERAL MEETING

The Annual General Meeting of SIM Technology Group Limited (the “ Company ”) was held on 21 April 2006 (“ AGM ”) and all resolutions proposed at the AGM were duly passed by the shareholders of the Company (the “ Shareholders ”) on a show of hands.

The Board of Directors (the “ Board ”) of the Company is pleased to announce that the following resolutions (Note) were passed by the Shareholders on a show of hands at the AGM.

1. the adoption of the audited financial statements of the Company and the reports of the directors (“ Directors ”) and the auditors of the Company for the year ended 31 December 2005;

2. the final dividend of HK$0.14 per ordinary share for the year ended 31 December 2005;

3. the re-election of Mr Wong Cho Tung, Mr Wong Hei, Simon, Ms Tang Rongrong as executive Directors and Mr Heng Kwoo Seng as an independent non-executive Director and authorising the Directors to fix their remuneration;

4. the re-appointment of Messrs. Deloitte Touche Tohmatsu as auditors of the Company and authorising the Directors to fix their remuneration;

5. (A) the grant of a general mandate to the Directors to allot, issue and deal with additional shares in the capital of the Company, not exceeding 20% of the aggregate nominal amount of the share capital of the Company in issue as at the date of the AGM;

   • (B) the grant of a general mandate to the Directors to repurchase shares of the Company not exceeding 10% of the aggregate nominal amount of the share capital of the Company in issue as at the date of the AGM;

   • (C) the extension of the general mandate granted to the Directors under Resolution 5A above by the addition of such amount of shares repurchased by the Company since the granting of the general mandate under Resolution 5B above, provided that such amount shall not exceed 10% of the aggregate nominal amount of the share capital of the Company in issue as at the date of the AGM;

6. the amendment of Bye-law 86(2) of the Company.

Note:

Resolutions 1 to 5 were passed as ordinary resolutions and resolution 6 was passed as a special resolution at the AGM.

The full text of resolutions 5A, 5B, 5C and 6 were set out in the Notice of the AGM dated 23 March 2006.

As at the date of this announcement, the executive Directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Mr Tsang Hen Loon, Raymond, Mr Zhang Jianping, Mr Wong Hei, Simon, Mr Wong Sun and Ms Tang Rongrong and the independent non-executive Directors of the Company are Mr Heng Kwoo Seng, Mr Wang Chengwei and Mr Zhuang Xingfang.

By Order of the Board SIM Technology Group Limited Wong Cho Tung Director

Hong Kong, 21 April 2006

• For identification purpose only

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

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