(Incorporated in Bermuda with limited liability)
(Stock Code: 703)
RESULTS OF THE SPECIAL GENERAL MEETING

The Board is pleased to announce that the ordinary resolutions in relation to the (1) grant of General
Mandate (as defined below); (2) grant of the Repurchase Mandate; and (3) extension of the General
Mandate to issue shares of the Company by adding to it the aggregate nominal amount of any shares
of the Company repurchased under the Repurchase Mandate were duly passed by the Shareholders by
show of hands at the SGM II held on 3 July 2007.
Reference is made to the circular issued by Innovo Leisure Recreation Holdings Limited (the “Company”)
dated 31 May 2007 (the “Circular”). Unless otherwise defined herein, terms used herein shall have the
same meanings as those defined in the Circular.
RESULTS OF SGM II

The Board is pleased to announce that the ordinary resolutions in relation to the (1) grant of proposed
general mandate to issue new shares of the Company up to 20% of the issued share capital of the
Company (“General Mandate”); (2) grant of the Repurchase Mandate; and (3) extension of the General
Mandate to issue shares of the Company by adding to it the aggregate nominal amount of any shares of
the Company repurchased under the Repurchase Mandate were duly passed by the Shareholders at the
SGM II held on 3 July 2007 at Room 1409, West Tower, Shun Tak Centre, 200 Connaught Road Central,
Hong Kong. The votes at SGM II were taken by show of hands. Shareholders may refer to the notice of
the SGM II dated 31 May 2007 and the Circular issued and despatched to the Shareholders for details of
the above ordinary resolutions.
By Order of the Board
Chan Chak Mo
Managing Director
Hong Kong, 3 July 2007
As at the date hereof, the members of the board of directors of the Company comprise (i) Mr. Chan Chak
Mo, the managing Director, (ii) Mr. Chan See Kit, Johnny, the Chairman and executive Director, (iii)
Mr. Lai King Hung, the deputy Chairman and executive Director, (iv) Ms. Leong In Ian, the executive
Director and (v) Mr. Cheung Hon Kit, Mr. Chui Sai Cheong, Mr. Yu Kam Yuen, Lincoln and Mr. Chan
Shek Wah, the independent non-executive Directors.