Walnut Capital Limited — Net Asset Value 2005

Jun 13, 2005

HAYWOOD INVESTMENTS LIMITED

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

As at 31st May 2005, the unaudited consolidated net asset value per share of Haywood Investments Limited was approximately HK$0.0935.

For on or behalf of the Board Mr. Tsun Kok Chung, Richard Director

Hong Kong, 14 June 2005

At the date of this announcement, the Board is comprised of Mr. Zhou Chao, Mr. Tsun Kok Chung, Richard, Mr. Tai Ah Lam, Michael, Mr. Phang Yul Cher Yeow, Mr. Tham Ming Yong as executive directors, Dr. Wong Yun Kuen, Edward, Mr. Hsieh Dominick and Ms. Lam Lin Chu as independent non-executive directors.

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

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