Shanghaitex 2003: Postponement Announcement

On April 23, 2003, the Shanghai Municipal Government issued a directive on eight strict measures to
stop the spreading of SARS disease. On April 24, the Foreign Economic Relations & Trade
Commission of Shanghai issued an urgent notice of strict restriction on organizing exhibitions in
the near future. On the same day, we also received a circular from the Shanghai New International
Expo Centre (SNIEC) in Pudong that, consequently, all venues in Shanghai are not permitted to stage
any events until further notice.

We have also learned that governments of some provinces and/or major cities in China have
recently issued notices to discourage travel to other cities and/or provinces.

In view of the above and after consultations, organizers of Shanghaitex 2003 would like to
announce that Shanghaitex 2003 will be postponed to December 10-13, 2003 at the same venue of
SNIEC, Pudong, Shanghai, PRC, taking all the halls.

With the postponement date and venue now confirmed, we will attend to other related matters
and will keep exhibitors informed through further notices. The organizers work closely with related
parties and associations, and will launch new promotion campaigns to inform visitors of the new
December date of Shanghaitex ’03 so as to ensure its success.

For any enquiry, please contact Adsale or our local representative directly.

Adsale Exhibition Services Ltd.

April 2003