Television Broadcasts Limited — Board/Management Information 2004

Sep 28, 2004

CHINA CONSERVATIONAL POWER HOLDINGS LIMITED 中國環保電力控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 290)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGES IN MEMBERSHIP OF AUDIT COMMITTEE

The board (the “Board”) of directors of China Conservational Power Holdings Limited (the “Company”) announces that Mr. Loo Chung Keung, Steve was appointed as an independent non-executive director of the Company on 28 September 2004.

A brief biography of Mr. Loo is set out below.

Mr. Loo Chung Keung, Steve, age 41, was appointed as an independent non-executive director of the Company effective 28 September 2004. Mr. Loo graduated from Carleton University in Canada with a bachelor degree of commerce in 1985 and a master degree of management studies in 1987. He is a certified general accountant of Canada. Mr. Loo has substantial business experience in the media industry and financial sector in Hong Kong and the People’s Republic of China. From 1998 to 2002, he was a director and senior vice president of Asia Television Limited in Hong Kong. He is currently an executive director of Glory East Holdings Limited, an investment holding company. Mr. Loo is also a director of Sky Dragon Digital Television and Movies Limited, a wholly-owned subsidiary of M21 Technology Limited, a company listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited.

Mr. Loo has not held any directorship in any listed public companies in the past three years. He does not hold any position in any subsidiaries of the Company, apart from his directorship with the Company.

The Company and Mr. Loo signed a letter of appointment on 28 September 2004. The appointment of Mr. Loo is for a term of one year and can be terminated by the Company giving one month written notice to Mr. Loo, subject to the rotation provisions in the articles of association of the Company. Under the articles of association of the Company, Mr. Loo will hold the office of a director until the next annual general meeting of the Company and will retire at that annual general meeting, but will become eligible for re-election. Under the terms of the letter of appointment, Mr. Loo will be paid an amount of HK$80,000 per annum which is determined by the Board with reference to the remuneration benchmark in the market for independent non-executive directors of companies listed on The Stock Exchange of Hong Kong Limited.

Other than the relationship arising from his being an independent non-executive director of the Company, Mr. Loo does not have any relationship with any other directors, senior management, substantial shareholders or controlling shareholders of the Company. As at the date of this announcement, Mr. Loo was not interested or deemed to be interested in any shares of the Company or underlying shares pursuant to Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Loo was also appointed as a member of the audit committee of the Company effective 28 September 2004. With the appointment of Mr. Loo as a member of the audit committee effective 28 September 2004, the audit committee of the Company comprises Mr. Fork Siu Lun, Tommy, Mr. Tsoi Wai Kwong and Mr. Loo Chung Keung, Steve, all of whom are independent non-executive directors of the Company. Mr. Fork Siu Lun, Tommy is the chairman of the audit committee.

As at the date of this announcement, the Board consists of:

Executive Directors

Mr. Hon Ming Kong (Chairman) Mr. Hon Yik Kwong Mr. Lee Yu Leung Mr. Chen Jun Nong Mr. Pascal Ting

Non-executive Director

Mr. Li Yong, Alfa

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Independent Non-executive Directors

Mr. Fork Siu Lun, Tommy

Mr. Tsoi Wai Kwong

Mr. Loo Chung Keung, Steve

By order of the Board CHINA CONSERVATIONAL POWER HOLDINGS LIMITED HON Ming Kong Chairman

Hong Kong, 28 September 2004

“Please also refer to the published version of this announcement in The Standard.”

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