Walnut Capital Limited — Board/Management Information 2003

Dec 18, 2003

Haywood Investments Limited

HAYWOOD INVESTMENTS LIMITED

(Incorporated in the Cayman Islands with limited liability)

NOTICE OF APPOINTMENT OF DIRECTOR

The Board of Directors of Haywood Investments Limited (the “Company”) announces that Ms. Susan WONG was appointed as an independent nonexecutive director of the Company with effect from 17th December, 2003.

By order of the Board Peter LEE Yip Wah Secretary

Hong Kong, 18th December, 2003

Please also refer to the published version of this announcement in The Standard dated on 19-12-2003.

Haywood Investments Limited 19-12-2003

1