NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the annual general meeting of shareholders will be held at Central Harbour Services Pier, 1st Floor, Pier Road, Central District, Hong Kong, on Friday, 27 April 1990 at noon for the following purposes:-

1. To receive and consider the audited accounts and reports of the directors and auditors for the

year ended 31 December 1989 and to declare a final dividend.

2. To re-elect retiring directors and to fix their remuneration.

3. To appoint auditors and authorise the directors to fix their remuneration.

4. As special business to consider and, if thought fit, pass the following ordinary resolution:-

"That a general mandate be and is hereby unconditionally given to the directors to allot, issue and dispose of additional shares not exceeding 10% of the existing issued share capital of the company".

The register of members will be closed from 9 April 1990 to 12 April 1990, both days inclusive.

By order of the board

Cheng Koon Sau

Company Secretary

Hong Kong, 8 March 1990

URBAN COUNCIL PUBLIC LIBRARIES

Acc. No Not Acc

Class.

HK386·6

Author

HON

HKCr

a.e. HK

557.48 2330

Notes:

a. A member entitled to attend and vote at the meeting is entitled to appoint a proxy to attend

and vote for him. A proxy need not be a member of the company.

b. The company's articles of association require proxy forms to be deposited at the registered office

of the company not less than 48 hours before the time for holding the meeting.

c. Concerning item 4 above, approval is being sought from members as a general mandate to authorise allotment of shares under section 57B of the Companies Ordinance and the listing rules of The Stock Exchange of Hong Kong Limited. The directors have no immediate plans to issue any new shares of the company pursuant to such approval.

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