Vision Values Holdings Ltd. — Proxy Solicitation & Information Statement 2008

Mar 28, 2008

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NEW WORLD MOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 862)

FORM OF PROXY FOR EXTRAORDINARY GENERAL MEETING

I/We [(Note a) ] of being the registered holder(s) of [(Note b)]

,

ordinary shares of HK$1.00 each in the capital

of NEW WORLD MOBILE HOLDINGS LIMITED (the “Company”), hereby appoint the Chairman of the Meeting (as hereinafter defined) or [(Note c) ] of

to act as my/our proxy to attend for me/us at the extraordinary general meeting of the Company (the “Meeting”) to be held at Room McKinley, Pacific Place Conference Centre, Level 5, One Pacific Place, 88 Queensway, Hong Kong on Friday, 18 April 2008 at 11:00 a.m. or at any adjournment thereof for the purpose of considering and, if thought fit, passing the resolution as set out in the notice convening the Meeting and at the Meeting or at any adjournment thereof to vote for me/us and in my/our name(s) in respect of such resolution as hereunder indicated and if no such indication is given, as my/our proxy thinks fit. My/our proxy will also be entitled to vote on any matter properly put to the Meeting in such manner as he thinks fit.

ORDINARY RESOLUTION	FOR (Note d)	AGAINST(Note d)
To consider, approve, confirm and ratify the Agreement (as definedin the Company’s circular dated 31 March 2008) and approve theperformance of all transactions contemplated under the Agreement

Dated this day of 2008

Shareholder’s signature [(Note f) ]

Notes:

• (a) Full name(s) and address(es) are to be inserted in BLOCK CAPITALS .

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

• (c) If you wish to appoint some person other than the Chairman of the Meeting as your proxy, please delete the words “the Chairman of the Meeting or” and insert the name and address of the person to be appointed as proxy in the space provided. A proxy need not be a member of the Company.

• (d) If you wish to vote for the resolution set out above, please tick (“ 3 ”) the box marked “For”. If you wish to vote against such resolution, please tick (“ 3 ”) the box marked “Against”. Failure to complete the box will entitle your proxy to cast your vote at his discretion or abstain from voting. A proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than that set out in the notice convening the Meeting.

• (e) Any member of the Company entitled to attend and vote at the Meeting is entitled to appoint another person (who must be an individual) as his proxy to attend and vote instead of him and a proxy so appointed shall have the same right as the member to speak at the Meeting. On a poll, vote may be given either personally or by proxy. A proxy need not be a member of the Company. A member may appoint any number of proxies to attend in his stead at the Meeting.

• (f) Delivery of any instrument appointing a proxy shall not preclude a member from attending and voting in person at the Meeting or any adjournment thereof or poll concerned and, in such event, the instrument appointing a proxy shall be deemed to be revoked.

• (g) In the case of a joint holding, this form of proxy may be signed by any joint holder, but if more than one joint holder is present at the Meeting, whether in person or by proxy, that joint holder whose name stands first on the register of members in respect of the relevant joint holding shall alone be entitled to vote in respect thereof.

• (h) This form of proxy must be signed by you, or your attorney duly authorised in writing, or in the case of a corporation, either under its seal or under the hand of an officer or attorney or other person so authorised.

• (i) To be valid, this form of proxy, together with any power of attorney or other authority (if any) under which it is signed, or a certified copy of such power or authority, must be deposited at the registered office of the Company’s branch registrar, Tricor Abacus Limited (address: 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong) not less than 48 hours before the time of the Meeting or any adjournment thereof.

• (j) Any alteration made to this form of proxy must be initialled by the person(s) who sign(s) the same.