----

| 1.   | GLOBAL SOURCES LTD., a      company incorporated in Bermuda whose registered office is at Canon's      Court, 22 Victoria Street, Hamilton HM12, Bermuda ("GSOL"); |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | TRADE MEDIA HOLDINGS      LIMITED, a company incorporated in the Cayman Islands whose      registered address at 4th Floor, Century Yard, Cricket Square, Elgin      Avenue, P.O. Box 32322 SMB, George Town, Grand Cayman, Cayman Islands      ("TMH" and,      together with GSOL, the "Vendors" and each a      "Vendor");      and |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | IDG TECHNOLOGY VENTURE      INVESTMENT III, L.P., a limited partnership organised under the      laws of the State of Delaware with its registered address at the      Corporation Trust Company, 1209 Orange Street, Wilmington, Delaware 19801      ("IDG" or the      "Purchaser"), |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| A.   | HC      International, Inc. (the "Company") was      incorporated in the Cayman Islands as an exempted company with limited      liability on 3 March 2000 and its shares are listed on the Growth      Enterprise Market of the StockExchange. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| B.   | As      at the date of this Agreement, the Vendors are the beneficial owners of an      aggregate of 62,652,000 shares of HK$0.10 each in the capital of the      Company (each a "Share"), representing      approximately 12.71% of the issued share capital of the      Company. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| C.   | The      Vendors have agreed to sell and the Purchaser has agreed to purchase the      Sale Shares (as defined in this Agreement) on the terms of this      Agreement. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.   | INTERPRETATION |
|----------------|----------------|

| 1.1   | In      this Agreement: |
|-----------------|-------------------------|

| "Business      Day"         | means      a day (other than a Saturday or Sunday) on which banks are open for      business in Hong Kong;                                                                                            |
|-----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                        |                                                                                                                                                                                                  |
| "Completion"                | means      completion of the sale and purchase of the Sale Shares under this      Agreement;                                                                                                          |
|                        |                                                                                                                                                                                                  |
| "Completion      Date"      | means      18 December 2007 (or such other date as may be mutually      agreed);                                                                                                                      |
|                        |                                                                                                                                                                                                  |
| "Consideration"             | means      the consideration for the Sale Shares, as set out in clause      3.1;                                                                                                                      |
|                        |                                                                                                                                                                                                  |
| "Purchaser      Warranties" | means      the representations and warranties set out in clause 6 given by the      Purchaser;                                                                                                        |
|                        |                                                                                                                                                                                                  |
| "Settlement      Monies"    | means      HK$96,087,167.05 to be paid on Completion for the Sale Shares, being the      amount of the Consideration after deducting stamp duty payable for the      sale of the Sale Shares at 0.1%; |
|                        |                                                                                                                                                                                                  |
| "Stock      Exchange"       | means      The Stock Exchange of Hong Kong Limited;                                                                                                                                                   |
|                        |                                                                                                                                                                                                  |
| "Sale      Shares"          | has      the meaning given to it in clause 2.1; and                                                                                                                                                   |
|                        |                                                                                                                                                                                                  |
| "Vendor      Warranties"    | means      the representations and warranties set out in clause 5 given by the      Vendors.                                                                                                          |

----

| 1.2   | In      this Agreement, unless otherwisespecified: |
|-----------------|----------------------------------------------------|

| 1.2.1   | references      to clauses are to clauses of thisAgreement; |
|-------------------|-------------------------------------------------------------|

| 1.2.2   | words      in the singular shall include the plural, and vice  versa; |
|-------------------|-----------------------------------------------------------------------|

| 1.2.3   | the      masculine gender shall include the feminine and neutral and vice      versa; |
|-------------------|---------------------------------------------------------------------------------------|

| 1.2.4   | a      reference to a person shall include a reference to a firm, a body      corporate or an unincorporated association or to a person's executors or      administrators; |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2.5   | if      a period of time is specified and commences from a given day or the day of      an act or event, it shall be calculated exclusive of that    day; |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2.6   | references      to writing shall include any modes of reproducing words in a legible and      non-transitory form; |
|-------------------|--------------------------------------------------------------------------------------------------------------------|

| 1.2.7   | a      reference to "includes" or "including" shall mean "includes without      limitation" or "including withoutlimitation"; |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------|

| 1.2.8   | the      headings in this Agreement are for convenience only and shall not affect      the interpretation of any provision of this Agreement;  and |
|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2.9   | references      to this Agreement include this Agreement as amended or supplemented in      accordance with its terms. |
|-------------------|------------------------------------------------------------------------------------------------------------------------|

| 2.   | SALE      AND PURCHASE |
|----------------|------------------------|

| 2.1   | On      the terms of this Agreement, each of the Vendors shall sell, and the      Purchaser shall in each case purchase, the number of Shares set forth      below next to the Vendor's name: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.1.1   | GSOL:  5,916,000      Shares |
|-------------------|----------------------------------------|

| 2.1.2   | TMH:   56,736,000      Shares |
|-------------------|----------------------------------------------|

| 2.2   | The      Sale Shares shall be sold at Completion free from any claim, option,      charge, lien, equity, encumbrance, rights of pre-emption or any other      third party rights and together with all rights attaching to them at the      date of Completion. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.3   | The      Vendors shall not be obliged to complete the sale of any of the Sale      Shares unless the Purchaser completes the purchase of all the Sale Shares      simultaneously. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.4   | The      Purchaser shall not be obliged to complete the purchase of any of the Sale      Shares unless the Vendors complete the sale of all the Sale Shares      simultaneously. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | CONSIDERATION |
|----------------|---------------|

| 3.1   | The      total consideration for the sale and purchase of all the Sale Shares shall      be a Hong Kong Dollar amount equal to HK$96,183,350.40 (representing      HK$1.5352 per Sale Share), payable to the Vendors in the following      amounts: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.1   | to      GSOL:    HK$9,082,243.20 (minus the stamp duty payable      by GSOL); and |
|-------------------|-------------------------------------------------------------------------------------------------------|

| 3.1.2   | to      TMH:     HK$87,101,107.20 (minus the stamp duty      payable by TMH). |
|-------------------|--------------------------------------------------------------------------------------------------------|

| 4.   | COMPLETION |
|----------------|------------|

| 4.1   | Completion      shall take place on the Completion Date at the offices of the Vendors'      Hong Kong legal advisers, Herbert Smith, at 23rd Floor, Gloucester Tower,      15 Queen's Road Central, Hong Kong, atwhich: |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.1.1   | the      Vendors shall:- |
|-------------------|--------------------------|

----

|   | (A) | procure      that their respective designated CCASS Participants give an irrevocable      delivery instruction to effect a book-entry settlement of those Sale      Shares that are held in CCASS in accordance with this Agreement and the      General Rules and the Operational Procedures to the credit of the stock      accounts of the CCASS Participant of the Purchaser in accordance with the      instructions and details provided to the Vendors by the Purchaser prior to      Completion; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (B)  | deliver      to, or procure that there be delivered to, the Purchaser (or the      Purchaser’s designated CCASS Participants) evidence of the giving of the      delivery instruction in (A) and signed sold notes in respect of the Sale      Shares duly executed on behalf of the beneficial owners of the Sale Shares      in a form complying with the Stamp Duty Ordinance (Cap. 117 of the Laws of      Hong Kong) (it being hereby acknowledged and agreed by the parties for the      avoidance of doubt that after receipt of such signed sold notes and other      items deliverable by the Vendors at Completion under this clause 4.1.1,      the Purchaser shall arrange for the stamping of the bought and sold notes      in respect of the Sale Shares and the payment of stamp duties thereon      within the prescribed period under relevant laws and regulations);      and |
|--|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (C) | deliver      to the Purchaser a copy of the minutes (or an extract thereof) of a      meeting of, or a copy of the written signed resolutions (or an extract      thereof) of, each of the board of directors of the Vendors authorising the      entering into, execution of and performance of its obligations under this      Agreement, and which shall evidence the authority of the persons executing      this Agreement on the respective Vendors’  behalf. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.1.2   | the      Purchaser shall:- |
|-------------------|----------------------------|

|   | (A) | pay      the Settlement Monies in the amounts set out in the Schedule to this      Agreement by electronic funds transfer for same day value to the following      bank accounts of the Vendors: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Correspondent      Bank         | :      | HSBC      Bank USA,                                      |
|---------------------------------|--------|----------------------------------------------------------|
|                            |   | Head      Office                                         |
|                            |   | HSBC      Tower 452 Fifth Avenue                    |
|                            |   | New      York, NY 10018                                  |
|                            |   | U S      A                                               |
|                            |   |                                                     |
| Swift      Address              | :      | MRMDUS33                                                 |
|                            |   |                                                     |
| ABA                             | :      | 021001088                                                |
|                            |   |                                                     |
| Beneficiary      Name           | :      | The      Hongkong & Shanghai Banking Corporation Ltd |
|                            |   |                                                     |
| Beneficiary      Address        | :      | Macau      Main Office,                                  |
|                            |   | 639      Avenida Da Praia Grande,                        |
|                            |   | Macau                                                    |
|                            |   |                                                     |
| Beneficiary      Account Number | :      | 000044008                                                |
|                            |   |                                                     |
| Chips      UID                  | :      | 116866                                                   |
|                            |   |                                                     |
| Swift      Address              | :      | HSBCMOMX                                                 |

|   | For      further credit to Global Sources Ltd., with Account number:      001-155217-095; |
|--------|-----------------------------------------------------------------------------------------------------|

----

|   | TMH: |
|--------|------|

| Correspondent      Bank         | :      | HSBC      Bank USA,                                      |
|---------------------------------|--------|----------------------------------------------------------|
|                            |   | Head      Office                                         |
|                            |   | HSBC      Tower 452 Fifth Avenue                    |
|                            |   | New      York, NY 10018                                  |
|                            |   | U S      A                                               |
|                            |   |                                                     |
| Swift      Address              | :      | MRMDUS33                                                 |
|                            |   |                                                     |
| ABA                             | :      | 021001088                                                |
|                            |   |                                                     |
| Beneficiary      Name           | :      | The      Hongkong & Shanghai Banking Corporation Ltd |
|                            |   |                                                     |
| Beneficiary      Address        | :      | Macau      Main Office,                                  |
|                            |   | 639      Avenida Da Praia Grande,                        |
|                            |   | Macau                                                    |
|                            |   |                                                     |
| Beneficiary      Account Number | :      | 000044008                                                |
|                            |   |                                                     |
| Chips      UID                  | :      | 116866                                                   |
|                            |   |                                                     |
| Swift      Address              | :      | HSBCMOMX                                                 |

|   | For      further credit to Trade Media Holdings Ltd., with Account      number: 001-276104-101; and |
|--------|--------------------------------------------------------------------------------------------------------------------|

|   | (B) | deliver      to the Vendors a copy of the minutes (or an extract thereof) of a meeting      of, or a copy of the written signed resolutions (or an extract thereof)      of, the board of directors of the Purchaser authorising the entering into,      execution of and performance of its obligations under this Agreement, and      which shall evidence the authority of the person(s) executing this      Agreement on the Purchaser’sbehalf. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2   | If      the obligations of any party under clause 4.1 above are not complied with      on the Completion Date, the party not in default may (i) proceed to      Completion as far as practicable (without limiting its rights under this      Agreement), (ii) defer Completion for up to a period of ten (10) days (so      that the provisions of this clause 4.2 shall apply to Completion as so      deferred), or (iii) terminate this Agreement by giving notice in writing      to that effect to the defaultingparty. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3   | If      this Agreement is terminated in accordance with clause 4.2 above, all      obligations of the parties under this Agreement shall end except for those      expressly stated to continue without limit in time but (for the avoidance      of doubt) all rights and liabilities of the parties which have accrued      before termination shall continue toexist. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | VENDOR      WARRANTIES |
|----------------|------------------------|

| 5.1   | Each      of the Vendors warrants to the Purchaserthat: |
|-----------------|---------------------------------------------------------|

| 5.1.1   | it      is duly incorporated and validly existing under the laws of its place of      incorporation, and has full power to enter into this Agreement and to      exercise its rights and perform its obligations  hereunder; |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5.1.2 | the      execution, delivery and performance of this Agreement does not violate or      contravene any of the provisions of any of its constitutional documents,      any of the terms and conditions of any judgment, decree, agreement or      contract by which it is or its assets are bound or any laws, regulations      or rules to which it is or its assets are  subject; |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 5.1.3 | it      is the sole beneficial owner of the Sale Shares agreed to be sold by it      hereunder and has the full right, power and capacity to sell and transfer      such Sale Shares to the Purchaser as contemplated by this      Agreement; |
|--------|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5.1.4 | it      has not created or purported to create any option, right to acquire,      mortgage, charge, pledge, lien or other form of security or encumbrance or      equity on, over or affecting the Sale Shares or any of them that has not      been discharged; and |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5.1.5 | it      is not in possession or otherwise aware of any unpublished information      with respect to the Company or its subsidiaries which is price sensitive      in relation to the Shares or other securities of the    Company. |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2 | Each      of the Vendor Warranties shall be construed as a separate and independent      warranty and (except where expressly provided to the contrary) shall not      be limited or restricted by reference to or inference from the terms of      any other Vendor Warranty or any other term of this    Agreement. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.3 | The      total liability of each Vendor under this Agreement shall not exceed the      total consideration payable to it as set out in Clause 3.1 of this      Agreement. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6. | PURCHASER'S      WARRANTIES AND UNDERTAKINGS |
|--------|----|----------------------------------------------|

| 6.1 | The      Purchaser warrants to each of the Vendorsthat: |
|-----|---------------------------------------------------------|

|   | 6.1.1 | it      is duly formed and validly existing under the laws of its place of      incorporation, and has full power to enter into this Agreement and to      exercise its rights and perform its obligations  hereunder; |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.1.2 | the      execution, delivery and performance of this Agreement does not violate or      contravene any of the provisions of any of its constitutional documents,      any of the terms and conditions of any judgment, decree, agreement or      contract by which it is or its assets are bound or any laws, regulations      or rules to which it is or its assets are  subject; |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6.1.3  |  the      Purchaser is not in possession or otherwise aware of any unpublished      information with respect to the Company or its subsidiaries which is price      sensitive in relation to the Shares or other securities of the      Company; |
|--|-------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | Each      of the Purchaser Warranties shall be construed as a separate and      independent warranty and (except where expressly provided to the contrary)      shall not be limited or restricted by reference to or inference from the      terms of any other Purchaser Warranty or any other term of this      Agreement. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | The      total liability of the Purchaser under this Agreement shall not exceed the      total consideration set out in Clause 3.1 of this    Agreement. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7. | CONFIDENTIALITY |
|--------|----|-----------------|

| 7.1 | Each      party (including their representatives and authorised persons) shall, and      the Purchaser shall use its reasonable endeavours to procure the Company      that it shall, at all times keep confidential and not directly or      indirectly make or allow any disclosure or use to be made of any      information in its possession or otherwise obtained pursuant to this      Agreement relating to any other party, the Company and each of its      subsidiaries or to the existence or subject matter of this Agreement,      except: |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.1 | to      the extent required by any applicable law or regulation or by any relevant      regulatory body or securitiesexchange; |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.2 | where      the information is already disclosed in the public domain otherwise than      pursuant to or arising from a breach by the parties (including their      representatives and authorised persons) of its confidentiality undertaking      under this clause; or |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.3 | with      the consent of the other party (which consent shall not be unreasonably      withheld). |
|--------|-------|---------------------------------------------------------------------------------------------------|

----

| 7.2 | The      restrictions contained in this clause 7 shall continue to apply to each      party without limit in time. |
|-----|--------------------------------------------------------------------------------------------------------------------|

|   | 8. | ANNOUNCEMENTS |
|--------|----|---------------|

| 8.1 | The      parties agree that (and the Purchaser will use all reasonable endeavours      to procure that the Company will ensure that) any announcement or circular      required to be disclosed or issued by any applicable law or regulation or      by any relevant regulatory body (including the Securities and Futures      Commission of Hong Kong) or securities exchange (including the Stock      Exchange) concerning the subject matter of this Agreement shall only be      made or issued after consultation with the other parties and after taking      into account the reasonable requirements of the other parties as to the      contents of such announcement or circular.   No      announcement concerning this Agreement shall be made by any party without      the prior written approval of the other parties, such approval not to be      unreasonably withheld or delayed. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | The      restrictions contained in this clause 8 shall continue to apply to each      party without limit in time. |
|-----|--------------------------------------------------------------------------------------------------------------------|

|   | 9. | ASSIGNMENT |
|--------|----|------------|

| 9.1 | This      Agreement shall be binding on and enure for the benefit of each party's      successors in title. |
|-----|-------------------------------------------------------------------------------------------------------------|

| 9.2 | No      party may assign (whether absolutely or by way of security and whether in      whole or in part), transfer, mortgage, charge or otherwise dispose in any      manner whatsoever of the benefit of this Agreement and no party may sub      contract or delegate in any manner whatsoever its performance under this      Agreement except with the prior written consent of the other      parties. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.3 | In      the event of an assignment pursuant to clause 9.2, the original      contracting party remains liable to procure the performance of the      obligations under the agreement by theassignee. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10. | NOTICES |
|--------|-----|---------|

| 10.1 | A      notice (including any approval, consent or other communication) in      connection with this Agreement and the documents referred to in      it: |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.1.1 | must      be in writing; |
|--------|--------------------------|

|   | 10.1.2 | must      be left at the address of the addressee or sent by pre paid first class      post (airmail if posted to or from a place outside Hong Kong) to the      address of the addressee or sent by facsimile to the facsimile number of      the addressee in each case which is specified in this clause in relation      to the party to whom the notice is addressed, and marked for the attention      of the person so specified, or to such other address or facsimile number      in Hong Kong and/or marked for the attention of such other person, as the      relevant party may from time to time specify by notice given in accordance      with this clause. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Vendors    |                                                                     |
|------------|--------------------------------------------------------------------------|
|       |                                                                     |
| Address:   | c/o      22/F Vita Tower, 29 Wong Chuk Hang Road, Aberdeen, Hong    Kong |
|       |                                                                     |
| Facsimile: | (852)      2552 5925                                                     |
|       |                                                                     |
| Attention: | Legal      Department                                                    |
|       |                                                                     |
| Purchaser  |                                                                     |
|       |                                                                     |
| Address:   | 10/F,      Effectual Building, 16 Hennessy Road, Wanchai, HongKong       |
|       |                                                                     |
| Facsimile: | (852)      2529 1619                                                     |
|       |                                                                     |
| Attention: | Simon      Ho                                                            |

----

|   | 10.1.3 | for      the avoidance of doubt, must not be sent by electronic    mail. |
|--------|--------|--------------------------------------------------------------------------|

| 10.2 | In      the absence of evidence of earlier receipt, any notice shall take effect      from the time that it is deemed to be received in accordance with clause      10.3 below. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3 | Subject      to clause 10.4 below, a notice is deemed to be  received: |
|------|------------------------------------------------------------------------|

|   | 10.3.1 | in      the case of a notice left at the address of the addressee, upon delivery      at that address; |
|--------|--------|--------------------------------------------------------------------------------------------------------|

|   | 10.3.2 | in      the case of a posted letter, on the third day after posting or, if posted      to or from a place outside Hong Kong, the seventh day after posting;      and |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.3.3 | in      the case of a facsimile, on production of a transmission report from the      machine from which the facsimile was sent which indicates that the      facsimile was sent in its entirety to the facsimile number of the      recipient. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4 | A      notice received or deemed to be received in accordance with clause 10.3      above on a day which is not a Business Day or after 5p.m. on any Business      Day, according to local time in the place of receipt, shall be deemed to      be received on the next following BusinessDay. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.5 | Each      party undertakes to notify the other parties by notice served in      accordance with this clause if the address specified herein is no longer      an appropriate address for the service of  notices. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 11. | ENTIRE      AGREEMENT |
|--------|-----|-----------------------|

| 11.1 | This      Agreement constitutes the whole and only Agreement between the parties      relating to the subject matter of this  Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------|

| 11.2 | Each      party acknowledges that in entering into this Agreement it is not relying      upon any pre-contractual statement which is not set out in this      Agreement. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.3 | Except      in the case of fraud, no party shall have any right of action against any      other party to this Agreement arising out of or in connection with any      pre-contractual statement except to the extent that it is repeated in this      Agreement. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.4 | For      the purposes of this clause, "pre-contractual statement" means any draft,      Agreement, undertaking, representation, warranty, promise, assurance or      arrangement of any nature whatsoever, whether or not in writing, relating      to the subject matter of this Agreement made or given by any person at any      time prior to the date of thisAgreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 12. | VARIATION |
|--------|-----|-----------|

|   | 13. | EFFECT      OF COMPLETION |
|--------|-----|---------------------------|

|   | 14. | REMEDIES      AND WAIVERS |
|--------|-----|---------------------------|

| 14.1 | No      delay or omission by any party to this Agreement in exercising any right,      power or remedy provided by law or under this Agreement    shall: |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14.1.1 | affect      that right, power or remedy; or |
|--------|--------|---------------------------------------------|

|   | 14.1.2 | operate      as a waiver of it. |
|--------|--------|---------------------------------|

| 14.2 | The      single or partial exercise of any right, power or remedy provided by law      or under this Agreement shall not preclude any other or further exercise      of it or the exercise of any other right, power or  remedy. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 14.3 | The      rights, powers and remedies provided in this Agreement are cumulative with      and not exclusive of any rights, powers and remedies provided by      law. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.4 | Notwithstanding      any express remedies provided under this Agreement and without prejudice      to any other right or remedy which any party may have, each party      acknowledges and agrees that damages alone may not be an adequate remedy      for any breach by it of the provisions of this Agreement, so that in the      event of a breach or anticipated breach of such provisions, the remedies      of injunction and/or an order for specific performance would in      appropriate circumstances beavailable. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 15. | COSTS      AND EXPENSES |
|--------|-----|-------------------------|

|   | 16. | COUNTERPARTS |
|--------|-----|--------------|

|   | 17. | SPECIFIC      PERFORMANCE |
|--------|-----|---------------------------|

|   | 18. | GOVERNING      LAW AND JURISDICTION |
|--------|-----|-------------------------------------|

| 18.1 | This      Agreement is to be governed by and construed in accordance with the laws      of the Hong Kong Special Administrative Region of the People's Republic of      China ("Hong Kong"). |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.2 | Each      party agrees that any proceeding, suit or action arising out of or in      connection with this Agreement ("Proceedings") may be brought in the      courts of Hong Kong. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.3 | This      clause shall not limit the right of either party to take Proceedings      against the other in any other court or, to the extent permitted by law,      in the courts of more than one jurisdiction at the same    time. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.4 | Each      party waives (and agrees not to raise) any objection, on the ground of      forum non conveniens or on any other ground, to the taking of Proceedings      in any court in accordance with this clause.  Each party also      agrees that a judgment against it in Proceedings brought in any      jurisdiction in accordance with this clause shall be conclusive and      binding upon it and may be enforced in any other    jurisdiction. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.5 | Each      party irrevocably submits and agrees to submit to the jurisdiction of the      Hong Kong courts and of any other court in which Proceedings may be      brought in accordance with thisclause. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.6 | Each      of the Vendors hereby irrevocably appoints Publishers Representatives      Limited of c/o 22nd Floor, Vita Tower, 29 Wong Chuk Hang Road, Aberdeen,      Hong Kong as its agent to accept service of legal process on its      behalf.  Each of the Vendors irrevocably agrees that if its      process agent ceases to have an address in Hong Kong or ceases to act as      its process agent, it shall appoint a new process agent acceptable to the      Purchaser and will deliver to the Purchaser within 14 days a copy of      written acceptance of appointment by the new process  agent. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.7 | The      Purchaser hereby irrevocably appoints Simon Ho of IDGVC Partners at 10/F,      Effectual Building, 16 Hennessy Road, Wanchai, Hong Kong as its agent to      accept service of legal process on its behalf.  The Purchaser      irrevocably agrees that if its process agent ceases to have an address in      Hong Kong or ceases to act as its process agent, it shall appoint a new      process agent acceptable to the Vendors and will deliver to the Vendors      within 14 days a copy of written acceptance of appointment by the new      process agent. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Name      of Vendor | No.      of Sale Shares | Consideration      HK$(net      of stamp duty payable by the respective Vendors)  |
|---------------------|-------------------------|----------------------------------------------------------------------------------------|
| GSOL                | 5,916,000               | 9,073,160.96                                                                           |
| TMH                 | 56,736,000              | 87,014,006.09                                                                          |

----

| Signed      for and on behalf ofGLOBAL      SOURCES LTD.by in      the presence of:                          | )))))) |
|------------------------------------------------------------------------------------------------------------------------|--------|
| Signed      for and on behalf ofTRADE      MEDIA HOLDINGS LIMITEDby in      the presence of:                 | )))))) |
| Signed      for and on behalf ofIDG      TECHNOLOGY VENTURE INVESTMENT III, L.P.by in      the presence of:  | )))))) |