2005.03.03

Tencent Appoints Chief Strategy and Investment Officer

[Mar. 3 2005 from Shenzhen]

Tencent Holdings Limited (SEHK 700) a leading provider of Internet and mobile value-added services in China has appointed Martin Lau as its Chief Strategy and Investment Officer.

Martin Lau age 31 is responsible for corporate strategies investment merger and acquisitions and investor relations. Mr. Lau was an Executive Director at Goldman Sachs (Asia) L.L.C's investment banking division and the Chief Operating Officer of its Telecom Media and Technology Group. Prior to that he worked at Mckinsey & Company Inc. as a management consultant. He has over 9 years' experience in IPOs£?merger and acquisitions and management consulting.