Walnut Capital Limited — Net Asset Value 2005

Oct 13, 2005

HAYWOOD INVESTMENTS LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock code : 905)

As at 30 September 2005, the unaudited consolidated net asset value per share of Haywood Investments Limited was approximately HK$0.0797.

By order of the Board Haywood Investments Limited Phang Yul Cher Yeow Executive Director

Hong Kong, 13 October 2005

As at the date of this announcement, the Board is comprised of Mr. Zhou Chao, Mr. Tsun Kok Chung Richard, Mr. Phang Yul Cher Yeow, Ms. Huang Song and Mr. Chu Kin Wang Peleus as executive directors, Mr. Liu Wing Ting Stephen, Ms. Lam Lin Chu and Ms. Tse Po Chu as independent nonexecutive directors.

Please also refer to the published version of this announcement in The Standard.

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