The initial public offering of the company's shares was sponsored by DBS Bank Limited.

Voluntary Liquidation of associated company, Slight Opto-Electronics Co., Ltd

The Directors of CDW Holding Limited ("the Company") would like to announce that on 2 August 2005, its 21% associated company, Slight Opto-Electronics Co., Ltd, has informed the Company that it has commenced voluntary liquidation on 4 May 2005. The investment had been fully provided for in 2003 and there is no financial impact on the Group.

By Order of the Board

Lai Shi Hong Edward
Executive Director
10 August 2005