Wisdomcome Group Holdings Ltd. — Board/Management Information 2002

Mar 18, 2002

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

R A I N B O W C O S M E T I C

RAINBOW INTERNATIONAL HOLDINGS LIMITED �� ! " # $ % & '

(Incorporated in the Cayman Islands with limited liability)

CHANGE OF COMPANY SECRETARY AND QUALIFIED ACCOUNTANT

The board of directors (the “Board”) of Rainbow International Holdings Limited (the “Company”) announces that Mr. Lo Yu Wah has resigned as the company secretary and the qualified accountant of the Company with effect from 17th March, 2002. The Board wishes to thank Mr. Lo for his past contributions to the Company.

The Board further announces that Ms. Poon Oi Man has been appointed as the company secretary and the qualified accountant of the Company with effect from 18th March, 2002.

By order of the Board Rainbow International Holdings Limited Li Ngar Kwan, Aldy Chairperson

18th March, 2002, Hong Kong

This announcement, for which the directors of the Company (the “Directors”) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, (i) the information contained in this announcement is accurate and complete in all material respects and not misleading; (ii) there are no other matters the omission of which would make any statement in this announcement misleading; and (iii) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the GEM website with the domain name of www.hkgem.com on the “Latest Company Announcements” page for at least 7 days from the date of its posting.