Youzan Technology Limited — Board/Management Information 2003

Mar 25, 2003

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.

==> picture [186 x 44] intentionally omitted <==

SYSCAN Technology Holdings Limited 矽 感 科 技 控 股 有 限 公 司 *

( Incorporated in Bermuda with limited liability)

RETIREMENT OF NON-EXECUTIVE DIRECTOR

The board of directors (the "Board") of SYSCAN Technology Holdings Limited (the "Company") hereby announces that pursuant to the service contract between Mr Joseph Liu, the non-executive director, and the Company, Mr Liu’s terms of office will expire on 31 March 2003. Both the Company and Mr Liu have agreed not to renew the service contract. Accordingly, Mr Liu shall cease to be the non-executive director of the Company effective from 1 April 2003.

The Board would like to express its appreciation towards Mr Liu for his past contribution to the Group and in the Group’s starting up.

By Order of the Board SYSCAN Technology Holdings Limited Cheung Wai Chairman

Hong Kong, 25 March 2003

This announcement, for which the directors of SYSCAN Technology Holdings Limited 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 SYSCAN Technology Holdings Limited. The directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: 1. the information contained in this announcement is accurate and complete in all material respects and not misleading; 2. there are no other matters the omission of which would make any statement in this announcement misleading; and 3. 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 “Latest Company Announcements” page of the GEM website for at least 7 days from the date of its posting and on the Company’s website at www.syscaninc.com.

*For identification purposes only