TOM Group Limited — Board/Management Information 2008

Mar 26, 2008

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(Stock Code: 2383)

RE-DESIGNATION AND APPOINTMENT OF DIRECTORS

CHANGE OF CHIEF EXECUTIVE OFFICER

AND

APPOINTMENT OF OTHER EXECUTIVE POSITIONS

The Board announces that Ms. Tommei Tong has resigned as Chief Executive Officer and has been re-designated from Executive Director to Non-Executive Director of the Company with effect from 26 March 2008.

The Board is pleased to announce that Mr. Yeung Kwok Mung has been appointed as Chief Executive Officer and an Executive Director of the Company with effect from 26 March 2008. In addition, Mr. Wang Lei Lei has been appointed as Deputy Chairman of the Company with effect from 26 March 2008 and Ms. Angela Mak has been appointed as Chief Financial Officer of the Company in February 2008.

RE-DESIGNATION AND APPOINTMENT OF DIRECTORS AND CHANGE OF CHIEF EXECUTIVE OFFICER

The board of directors (“Board”) of TOM Group Limited (“Company”) announces that Ms. Tommei Tong has resigned as Chief Executive Officer of the Company with effect from 26 March 2008 in pursuit of her personal interests. In addition, Ms. Tong has been re-designated from Executive Director to Non-Executive Director of the Company with effect from 26 March 2008. The Board would like to take this opportunity to express its sincere gratitude to Ms. Tong for her valuable contribution to the Company during her tenure of Chief Executive Officer.

The Board is pleased to announce that Mr. Yeung Kwok Mung has been appointed as Chief Executive Officer and an Executive Director of the Company with effect from 26 March 2008.

Ms. Tommei Tong, aged 43, has been an Executive Director of the Company since 1 April 2003 and Chief Executive Officer of the Company since 27 January 2006. She is also the vice chairman of TOM Online Inc. (privatised on 3 September 2007). She served as the chief financial officer and chief operating officer of Ping An Insurance (Group) of China, Ltd. and prior to that, she was a partner of Arthur Andersen & Co. Ms. Tong graduated from the University of Hong Kong in 1986 with a Bachelor of Social Sciences Degree. She is also a Fellow of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants.

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Ms. Tong has personal interests in 300,000 shares and 15,000,000 share options of the Company within the meaning of Part XV of the Securities and Futures Ordinance (“SFO”).

Ms. Tong has entered into a letter of service with the Company for a term of 12-month commencing from 26 March 2008. The appointment will be automatically renewed for successive 12-month periods unless terminated by either party in writing prior to the expiry of the term. She is subject to retirement and re-election at the annual general meeting of the Company in accordance with the provisions of the Company’s articles of association. She is entitled to receive a director’s fee of HK$50,000 per annum, which was determined having regard to her duties in the Company.

Save as disclosed above, there are no other matters that need to be brought to the attention of the shareholders of the Company and there is no other information which is discloseable pursuant to any of the requirements set out in Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”).

Mr. Yeung Kwok Mung , aged 43, is the Chief Operating Officer of the Company since 1 February 2008. Prior to joining the Company, he was a director and chief executive officer of Horizons Ventures Limited and ChinaCare Investments Holdings Limited respectively, these companies are controlled by Ms. Chau Hoi Shuen and Cranwood Company Limited, the substantial shareholders of the Company within the meaning of Part XV of the SFO. Prior to that, Mr. Yeung worked at Mckinsey & Company, Inc. for over 6 years in Sydney, Melbourne and Hong Kong covering mainly the telecommunications, electronics and e-Commerce industry sectors in the area of business strategy, business re-engineering and operational improvements. Mr. Yeung worked for Coca-Cola China Limited as Director of Strategy for Coco-Cola Greater China. He also held various management positions in operations, business development and sales & marketing at General Electric. He holds a Bachelor of Science degree in Electrical Engineering and a Master of Science degree in Electrical Engineering and Computer Science from Massachusetts Institute of Technology.

Mr. Yeung has family interests in 30,000 shares of the Company within the meaning of Part XV of the SFO. Save as disclosed above, he is not connected with any directors, senior management or substantial shareholders or controlling shareholders of the Company.

Mr. Yeung has entered into a continuous service contract with the Group commencing from 1 February 2008. The term of the contract is continuous unless terminated by not less than three months’ notice in writing served by either party on the other. He is entitled to the annual basic salary of HK$3,376,500 and certain benefits, and a bonus payable for each twelve months period at the discretion of the Board. He is also entitled to receive a director’s fee of HK$50,000 per annum, which was determined having regard to his duties in the Company.

Save as disclosed above, there are no other matters that need to be brought to the attention of the shareholders of the Company and there is no other information which is discloseable pursuant to any of the requirements set out in Rule 13.51(2) of the Listing Rules.

APPOINTMENT OF OTHER EXECUTIVE POSITIONS

The Board is also pleased to announce that Mr. Wang Lei Lei, an Executive Director of the Company, has been appointed as Deputy Chairman of the Company with effect from 26 March 2008 and Ms. Angela Mak, an Executive Director of the Company, has been appointed as Chief Financial Officer of the Company in February 2008.

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By Order of the Board TOM GROUP LIMITED Angela Mak

Executive Director

Hong Kong, 26 March 2008

As at the date hereof, the directors of the Company are:

Executive Directors:

Mr. Wang Lei Lei (Deputy Chairman) Mr. Yeung Kwok Mung Ms. Angela Mak

Non-executive Directors:

Mr. Frank Sixt (Chairman) Ms. Debbie Chang Mrs. Susan Chow Mr. Edmond Ip Mrs. Angelina Lee Ms. Tommei Tong

Independent non-executive Directors: Mr. Henry Cheong Ms. Anna Wu Mr. James Sha

Alternate Director: Mr. Francis Meehan (Alternate to each of Mr. Frank Sixt, Ms. Debbie Chang, Mrs. Susan Chow and Mr. Edmond Ip)

• for identification purpose

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