Walnut Capital Limited — Board/Management Information 2003

Dec 16, 2003

Haywood Investments Limited

HAYWOOD INVESTMENTS LIMITED (Incorporated in the Cayman Islands with limited liability)

NOTICE OF RESIGNATION OF DIRECTOR

The Board of Directors of Haywood Investments Limited (the “Company”) announces that Mr. Hui Hung, Stephen resigned as an independent nonexecutive director of the Company with effect from 9th December, 2003.

The Board of Directors would like to thank Mr. Hui for his contribution to the Company during the past.

Haywood Investments Limited 17-12-2003

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Haywood Investments Limited

By Order of the Board Peter Lee Yip Wah Secretary

Hong Kong, 16th December, 2003

Please also refer to the published version of this announcement in The Standard dated on 17-122003.

Haywood Investments Limited 17-12-2003

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