Tingyi (Cayman Islands) Holding Corp. — Proxy Solicitation & Information Statement 2004

Jun 25, 2004

Johnson Electric Holdings Limited

(Incorporated in Bermuda with limited liability)

PROXY FORM

I/We[1]

being the registered holder(s) of[2]

of

shares of HK$0.0125 each in the capital of

the Company, hereby appoint[3] the Chairman of the Meeting or[3]

of as my/our proxy to vote and act for me/us

at the Annual General Meeting of the Company to be held on Tuesday, 20th July 2004 at 12:00 noon and at any adjournment thereof for or against the Resolutions as indicated below:

For Against[4] To adopt the Audit Consolidated Accounts and Reports of the Directors and of the Auditors for the year ended 31st March 2004 To declare the final dividend To re-elect the following directors: (a) Peter Wang Kin Chung (a) (b) Peter Stuart Allenby Edwards (b) (c) Patrick Blackwell Paul (c) (d) Michael John Enright (d)

Resolutions

1. To adopt the Audit Consolidated Accounts and Reports of the Directors

2. To declare the final dividend

3. To re-elect the following directors:

4. To confirm the remuneration of Directors

5. To re-elect Messrs. PricewaterhouseCoopers as Auditors of the Company at a fee to be agreed with the Directors

6. To fix the number of Directors

7. To give a general mandate to the Directors to issue, allot and dispose of additional shares of the Company

8. To give a general mandate to the Directors to repurchase shares

of the Company

1. To extend the general mandate granted to the Directors to issue

additional shares repurchased by the Company pursuant to Resolution No.8

1. To approve the amendments to the Bye-Laws of the Company

Dated this day of 2004

Signed

Notes

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.

2. Please insert the number of shares of HK$0.0125 each registered in your name(s). If no number is inserted, this proxy form will be deemed to relate to all the shares in the capital of the Company registered in your name(s).

3. If any proxy other than the Chairman of the Meeting is preferred, strike out the words ‘the Chairman of the Meeting’ and insert the name and address of the proxy desired in the space provided. ANY ALTERATION MADE TO THIS PROXY FORM MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR THE RESOLUTION, INSERT AN ‘X’ IN THE BOX MARKED ‘FOR’, IF YOU WISH TO VOTE AGAINST THE RESOLUTION, INSERT AN ‘X’ IN THE BOX MARKED ‘AGAINST’. If no direction is given, the proxy will vote or abstain as he thinks fit.

5. This proxy form must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must be either under its common seal or under the hand of an officer or attorney duly authorised.

6. To be valid, this proxy form together with the power of attorney or other authority (if any) under which it is signed or a notarially certified copy thereof, must be deposited at the Company’s Principal Place of Business in Hong Kong, Johnson Building, 6-22 Dai Shun Street, Tai Po Industrial Estate, Tai Po, N.T., Hong Kong not less than 48 hours before the time appointed for holding the Meeting or adjourned Meeting.

7. In the case of joint holders, the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint holder(s); and for this purpose seniority shall be determined by the order in which the names stand in the Register of Members.

8. The proxy need not be a member of the Company but must attend the Meeting in person to represent you.

9. Completion and return of this form will not preclude you from attending and voting at the Meeting should you so wish.