Man Sang Holdings, Inc. Completes Corporate Reorganization

NEW YORK, NY, Aug 27 (MARKET WIRE) --
Man Sang Holdings, Inc. ("Man Sang Nevada") (NYSE Amex: MHJ), a Nevada
corporation, announced today that the reorganization of Man Sang Nevada
as a British Virgin Islands company has been completed. Trading of the
new British Virgin Islands company, Man Sang International (B.V.I.)
Limited ("Man Sang BVI"), began as of the opening of trading on the NYSE
Amex on August 26, 2009 under the symbol "MHJ." As a result of the
corporate reorganization, at the close of business on August 25, 2009,
each share of Man Sang Nevada's common stock automatically converted into
the right to receive an ordinary share of Man Sang BVI and each share of
Man Sang Nevada's preferred stock automatically converted into a right to
receive a preferred share of Man Sang BVI, on a share-for-share basis.

The number of ordinary and preferred shares in Man Sang BVI owned by each
shareholder as a result of the reorganization is the same as the number of
shares of common and preferred stock previously owned in Man Sang Nevada
immediately prior to the reorganization. Man Sang Nevada's distribution
agent will mail to each holder of record of Man Sang Nevada common stock a
letter of transmittal for use in effecting delivery of certificates
formerly representing the Man Sang Nevada shares to the distribution agent
for conversion into shares of Man Sang BVI.

ABOUT MAN SANG INTERNATIONAL (B.V.I.) LIMITED

Man Sang International (B.V.I.) Limited, formerly Man Sang Holdings, Inc.,
is principally engaged through subsidiaries in the purchasing, processing,
assembling, merchandising and wholesale distribution of pearls, pearl
jewelry products and jewelry products. In addition, Man Sang International
(B.V.I.) Limited, through its subsidiaries, owns and operates commercial
real estate for lease and sale in Hong Kong and the People's Republic of
China.

Forward-Looking Statements

The information above includes forward-looking statements about Man Sang
Nevada and Man Sang BVI. Such forward-looking statements are subject to
certain risks and uncertainties, as disclosed by Man Sang Nevada from time
to time in its filings with the U.S. Securities and Exchange Commission.
As a result of these factors, Man Sang BVI's actual results may differ
materially from those indicated or implied by such forward-looking
statements.

CONTACT:
Man Sang International (B.V.I.) Limited
Mr. Martin Pak
Phone: (852) 2317 9888
E-mail: Email Contact

The Altman Group
Patricia Baronowski
Email Contact

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