POLARIS ASSET MANAGEMENT MERGING

Polaris provide a fund with a basic SRI screen in Hong Kong - see Polaris for details on the company

Dear all,

It is our pleasure to announce to you that we are in the process of merging with the Kingsway Group and our names of Polaris Asset Management Ltd. and Polaris Unit Trust Managers Ltd. will be soon be renamed. We realize that you will be wondering about the reasons for the merger, and what impact it will have on our products and services. Above all, I would say the merger is only a business decision and it is our hope that the merger will allow us to combine our resources, and to provide our customers with more diversified products and services. Meanwhile, should you need any information for the merger, please feel free to contact our Senior Marketing Manager Ms. Maggie Poon at 2283 7255.

In addition, you may also contact our colleagues by the following telephone and fax numbers:

Vincent Koo - Managing Director 2283 7202 vincent.koo@kingsway2000.com
Patrick Choo - Director 2283 7206 patrick.choo@kingsway2000.com
Kevin Leung - Director 2283 7205 kevin.leung@kingsway2000.com

Marketing:
Maggie Poon - Senior Marketing Manager 2283 7255 maggie.poon@kingsway2000.com
Matthew Lee - Marketing Manager 2283 7252 matthew.lee@kingsway2000.com
Unique Lam - Marketing Executive 2283 7251 unique.lam@kingsway2000.com
Cathy Li - Marketing Executive 2283 7253 cathy.li@kingsway2000.com

Operation:
Ivan Chan - Operation Manager 2283 7215 ivan.chan@kingsway2000.com
Yvonne Wan - Operation Supervisor 2283 7203 yvonne.wan@kingsway2000.com

Company Address:
Kingsway Fund Management Ltd.
5/F., Hutchison House,
10 Harcourt Road,
Central, Hong Kong

MPF Responsible Officer: Patrick CHOO 2283 7206 patrick.choo@kingsway2000.com

Let us take this opportunity here to thank you for your continued support. We look forward to meeting with you soon and provide you with more details for the merger.

Best regards,

Cathy Li