Television Broadcasts Limited — Board/Management Information 2005

Mar 31, 2005

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code : 290)

BIOGRAPHY OF NEWLY APPOINTED INDEPENDENT NON-EXECUTIVE DIRECTOR AND AUDIT COMMITTEE MEMBER

The board of directors (the “Board”) of China Conservational Power Holdings Limited (the “Company”) refers to the announcement made by the Company dated 29 March 2005, in relation to, among others, the appointment of Mr. Au-Yeung Ka Cheung (“Mr. Au-Yeung”) as an Independent Non-Executive Director and a member of the Audit Committee of the Company effective from 24 March 2005.

Mr. Au-Yeung, aged 51, has over 6 years’ experience in operating nursing homes and real estate agency. He is the Chairman of HopKins (Jordan) Nursing Home Limited, which is engaged in operation of nursing homes. Mr. Au-Yeung is a holder of estate agent individual licence. He graduated from the Concordia University, Canada in 1977 and 1979 and held a Bachelor Degree in Economics and a Bachelor Degree in Marketing, respectively.

During the past three years, Mr. Au-Yeung does not held any directorship in listed public companies.

Apart from his directorship with the Company, he does not held any position in other members of the Company. He does not have any relationship with the Board, senior management or substantial or controlling shareholders of the Company, nor does he have any management functions in the Group. He was interested in 400,000 shares, representing approximately 0.1% of the entire issued share capital of the Company. Saved as disclosed, he 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).

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China Conservational Power Holdings Limited – Announcement

31 March 2005

The Company and Mr. Au-Yeung signed a letter of appointment on 24 March 2005. The appointment of Mr. Au-Yeung is for a term of one year and can be terminated by the Company giving one month written notice to Mr. Au-Yeung, subject to the rotation provisions in the articles of association of the Company. Under the articles of association of the Company, Mr. Au-Yeung 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 reelection. Under the terms of the letter of appointment, Mr. Au-Yeung 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.

The Board would like to express warm welcome to Mr. Au-Yeung for joining the Company.

By Order of the Board China Conservational Power Holdings Limited Chan Tat Chee Chairman

Hong Kong, 31 March 2005

As at the date of this announcement, the Board comprises ten Directors of which Messrs. Chan Tat Chee, Hon Ming Kong, Lee Yu Leung, Chen Jun Nong, Pascal Ting, Lin Hoi Kwong are the Executive Directors; Mr. Li Yong, Alfa is an Non-Executive Director and Messrs. Loo Chung Keung, Steve, Tsoi Wai Kwong and Au-Yeung Ka Cheung are the Independent NonExecutive Directors.

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

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China Conservational Power Holdings Limited – Announcement

31 March 2005