Sinopec Engineering Group Co Ltd. — Board/Management Information 2008

Nov 28, 2008

UNIVERSE INTERNATIONAL HOLDINGS LIMITED 實宇國際控股有限公司* (Incorporated in Bermuda with limited liability) (Stock Code: 1046)

RETIREMENTS OF INDEPENDENT NON-EXECUTIVE DIRECTORS AND MEMBERS OF THE AUDIT COMMITTEE, REMUNERATION COMMITTEE AND NOMINATION COMMITTEE

The board of directors (the "Board") of Universe International Holdings Limited (the "Company") announces that Mr. Chiu Shin Koi ("Mr. Chiu") and Mr. Ma Ting Hung ("Mr. Ma") retired as independent non-executive directors of the Company by rotation at the annual general meeting of the Company held on 28th November 2008 (the "AGM") pursuant to the bye-laws of the Company. Mr. Chiu and Mr. Ma have decided not to offer themselves for re-election and have therefore retired at the conclusion of the AGM.

Following their retirements as independent non-executive directors of the Company, Mr. Chiu also immediately retired as the chairman of the nomination committee, a member of the audit committee and remuneration committee of the Company; and Mr. Ma also immediately retired as the chairman of the remuneration committee, a member of the audit committee and nomination committee of the Company.

Mr. Chiu and Mr. Ma have decided not to offer themselves for re-election due to their other business and personal commitments. Each of Mr. Chiu and Mr. Ma has confirmed that there is no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company in respect of their respective retirements.

The Board would like to take this opportunity to thank Mr. Chiu and Mr. Ma for their valuable contributions to the Company during their tenure of office.

By order of the Board Universe International Holdings Limited Lam Shiu Ming, Daneil Chairman

Hong Kong, 28th November 2008

After the retirements of Mr. Chiu and Mr. Ma, the Board comprises Mr. Lam Shiu Ming, Daneil, Ms. Chiu Suet Ying and Mr. Yeung Kim Piu as executive directors, Mr. Ng Kwok Tung, Dr. Leung Shiu Ki, Albert and Mr. Ma Chun Fung, Horace as independent non-executive directors.

* For identification purpose only