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Media Release For Immediate Release

Media Release – For Immediate Release Man Wah Ranked as Top 10 Furniture Sources for U.S.

Man Wah Ranked as Top 10 Furniture Sources for U.S. Market

Upgraded its ranking to Top 10 Sources in 2010

Top 10 ranking indicates rapid gain in market share in the U.S.

The best performer in percentage sales gains in 2010

Hong Kong, PRC and Singapore, 26 May 2011 Man Wah Holdings Limited (Man Wah” or the “Company”, together with its subsidiaries the “Group”, stock code: 1999), an award-winning Chinese enterprise with its “CHEERS” brand of recliner sofas, is delighted to announce that the company has been ranked among the Top 10 Furniture Sources for the U.S. Market in 2010 up from its 23rd position in 2009, according to Furniture/Todays latest research report published in May 16 th , 2011.

According to the report, Man Wah is the best performer not only in the climb in its ranking, but also the fastest-growing furniture supplier in the U.S. in terms of sales gains, by percentage increase in 2010 vs 2009.

The ranking is based on 2010 furniture shipment to the U.S. market, including bedding, contract and accessories for some companies regardless of whether the companies have manufacturing and assembling operations in the U.S. Non-furniture revenues such as textile products, components, investment income have been excluded. All figures refer to the calendar year ended 31 December, 2010.

Furniture/Today is an independent information provider in Furniture Industry, whose research team is responsible for all original survey research. Its research report is well- known and widely recognized by the industry and consumers.

We are very encouraged by this international ranking. Our success further proves that our

high quality, comfortable and stylish recliner sofas lead to happy customers. To capture the

huge potential recliner sofa market in U.S., we will further expand our customer base and

introduce more attractive products.

Mr. Wong Man Li, Chairman and CEO of Man Wah

The End

About Man Wah Holdings Limited (Hong Kong Stock Code: 1999 HK)

Established in 1992, Man Wah Holdings Ltd. is a home furnishing group, primarily engaged in the design, manufacture and sale of a broad range of mid to high-end recliner sofas (specialty sofas with features such as recline and footrests), which are sold through extensive distribution channels in Hong Kong and the PRC, and direct export to the international market such as U.S.A. and Europe under its well-known brand - Cheers”. Man Wah is the No.1 recliner sofa manufacturer and retailer in the PRC and No.8 in U.S.A.

The “Cheers” brand had received the prestigious China Top Brand award in September 2007 from the PRC authorities. The Group currently operates two sofa and one bedding production facilities in the PRC. With the completion of Phase III of its Huizhou Daya Bay plant in February 2011, total sofa production capacity for the Group stands at 816,000 sofa sets per annum to meet the growing demand from its expanding clientele base.

For more information, please log on www.manwahholdings.com

Issued by Aries Consulting Ltd

For and on behalf of Man Wah Holdings Limited. For further information, please contact:

Man Wah Holdings Limited

Ms. Vivien Ho, Investors Relations Tel :( 852) 3915 2289 Email: vivien@manwahgroup.com

Aries Consulting Limited

Ms. Frances Leung Mr. Kent Lo Mr. Mark Lee Fax: 852 2610 0842

Tel :( 852) 2610 0846 Email: frances.leung@ariesconsulting.com.hk Tel :( 852) 2610 0846 Email: kentlo@ariesconsulting.com.hk Tel :( 852) 2610 0846 Email: marklee@ariesconsulting.com.hk