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PROPOSED SUBDIVISION OF SHARES AND CHANGE IN BOARD LOT SIZE

15-10-2009

The Board proposes that each of the existing issued and unissued Shares of HK$0.01 each in the share capital of the Company be subdivided into four Subdivided Shares.

The proposed Share Subdivision is conditional upon the fulfillment of the conditions set out below.
An ordinary resolution to approve the Share Subdivision will be proposed at the SGM.

The Shares are currently traded on the Main Board of the Stock Exchange in board lots of 4,000
Shares. Upon the Share Subdivision becoming effective, the board lot size of the Subdivided
Shares for trading on the Stock Exchange will be changed to 2,000 Subdivided Shares.

A circular containing details of the Share Subdivision together with the notice of the SGM will be
despatched to the Shareholders as soon as practicable.