Pursuant to Rule 8.15(1) of the MMLR, a listed company must ensure that at
least 25% of its total listed shares are in the hands of a minimum of 1,000
public shareholders holding not less than 100 shares each ("Required Public
Shareholding Spread").

Accordingly, the Company does not comply with the Required Public Shareholding
Spread as the total number of H-Displays shares are held in the hands of only
725 public shareholders holding not less than 100 shares each.

H-Displays had on 31 December 2007 announced that it had entered into a
conditional share sale agreement with Dalux Technology Company Limited and Ke
Li Zhi and Chris Or Shui Bun for the proposed acquisition of 90% equity
interest in Smart Good Enterprises Limited ("Proposed Acquisition"). The
Proposed Acquisition provides an opportunity for the H-Displays group of
companies to expand its business activities to the fast growing China market.
Therefore, the Proposed Acquisition may potentially enhance the value of the
Company, its profile and hence the liquidity of its shares.

Along with the ADP employers report, the data is expected to consolidate investor views about U.S. jobs data to be released on Friday, a major indicator of likely interest rate moves.

"The ADP report has given us a heads up that the jobs report on Friday could be worse than expected. All the other jobs indicators are also consistent with a softening U.S. labor market," said Shaun Osborne, chief current strategist at TD Securities in Toronto.

The Fed said Tuesday it plans to lend Treasurys in exchange for mortgage-backed securities and other battered debt that all but collapsed in the subprime mortgage crisis. Global financial institutions have written down almost $200 billion due to the credit crisis, and big U.S. investment banks next week are expected to report more losses when they issue first-quarter results.