ÿþ<html><head><META http-equiv="Content-Type" content="text/html; charset=utf-16"><TITLE>Man Sang Jewellery Co. Ltd.</TITLE><meta http-equiv="Pragma" content="no-cache"><link rel="stylesheet" href="tdc1.css" type="text/css"><script language="JavaScript1.2" src="tdc.js" type="text/javascript"></script></head><BODY topmargin="0" leftmargin="5" class="B2BBodyBg" bgcolor="FFFFFF" background="../gallery/797e8ab3-ff9d-43c6-ac9c-2e92ee8fd465.gif"><table id="contentBody" width="100%" border="0" cellpadding="0" cellspacing="0" style=""><tbody><tr valign="top"><td width="100%"><table width="100%" border="0" cellpadding="0" cellspacing="0"><tbody><tr valign="top"><td><table width="100%" border="0" cellpadding="0" cellspacing="0"><tbody><tr valign="top"><td><div align="center"><table border="0" cellspacing="0" cellpadding="5" width="100%" align="center" height="100%"><tbody><tr><td valign="top"><table border="0" cellspacing="0" cellpadding="0" width="99%"><tbody><tr><td valign="top"><p align="justify">Man Sang International Limited (the  Company ) and its subsidiaries (the  Group ) have two main business segments.  One segment is in the purchasing, processing, assembling, merchandising and wholesale distribution of pearls and jewelry products (the  Pearls and Jewelry business ). The other is in property development and investment ( the Property Development and Investment business ).</p><p align="justify">The shares of the Company have been listed on the main board of The Stock Exchange of Hong Kong Limited since 1997 under the stock code of 0938.</p><p align="justify">The Group is one of the world s largest merchants, purchasers and processors of pearls. Processing, manufacturing and assembling of pearls and jewelry products are conducted at the Group s self-owned facilities in the Man Sang Industrial City in Shenzhen, the People s Republic of China (the  PRC ). There are 27 blocks of buildings with total gross floor area of approximately 76,000 square meters in the Man Sang Industrial City.</p><p align="justify">With its rich experience in pearl business gained over the years, the Group in 2006 joined with six major pearls and jewelry companies in the PRC to develop a large-scale international pearl and jewelry trading platform, the China Pearls and Jewelry City ( CP&amp;J City ) in Zhuji of Zhejiang, the PRC. CP&amp;J is designed to be the world s largest pearl and jewelry trading platform providing facilities for processing, manufacturing, research and development, and trading of pearl and jewelry products, as well as related supporting services including logistics, electronic commerce, exhibition and convention, accommodation, catering and entertainment.</p><p align="justify"> </p><p align="justify"> </p><p align="justify"> </p></td></tr></tbody></table></td><td></td></tr></tbody></table></div></td></tr><tr><td></td></tr></tbody></table></td></tr></tbody></table></td><td height="100%"><table border="0" cellpadding="5" cellspacing="5" width="100%"></table></td></tr></tbody></table></BODY></html>