[Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report. 3,819,900 Common Shares were outstanding as of March 31, 2008. o x No o Yes x No x o No o Large accelerated filer o Accelerated filer x Non-accelerated filer x] [Supplementary Agreement on Imported Material for Processing Party A: Shenzhen Long Gong City Ping Hu Golden Bright Factory Party B: Golden Bright Plastic Manufacturing Co. Ltd. Business Unit: Shenzhen Long Gong City Foreign Economic Services Company The original agreement is expired on 20 February, 2009. Due to successful mutual cooperation and the expansion on production capacity, Party A and Party] [Rental Contract Lessor: Ping Hu City Xin Nan Li Yuan Xia Economic Corporation (Party A) Lesser: Mr. Wong Wai Chung (Party B) Party A and Party B made the mutual agreement as stated below: 1. Party A shall rent to Party B the factory with area of 3,100 square meters and dormitory with area of 1,600 square meters in addition] [EX-4.21 4 v118427_ex4-21.htm] [City Gao Xin District Dormitory Facilities Lease Contract Party A (Lessor) : He Yuan City Advanced Technological Development District Co. Ltd. Address : He Yuan City, Advanced Technological Development Office Party B (Tenant) : Hi-Lite Camera Co Ltd According to and other interrelated laws, rules, both parties must sign this contract based on equality, free] [Name of Entity Antemat Limited Kayser Restaurant (Shenzhen) Company Limited Nissin Mechatronic Limited Kienzle Time (H.K.) Limited (“Kienzle HK”) Cavour Industrial Limited Kienzle Uhrenfabriken G.m.b.h. (“Kienzle Germany”) Hi-Lite Camera Company Limited (“Hi-Lite”) Nissin Precision Metal Manufacturing Limited (“Nissin”) Kayser Technik Limited Saiwan Industries Limited Kayser (Wuxi) Metal Precision Manufacturing Limited Golden Bright Plastic Manufacturing Company Limited All of the subsidiaries] [of the Sarbanes-Oxley Act of 2002 I, Roland W. Kohl, certify that: 1. I have reviewed this annual report on Form 20-F of Highway Holdings Limited; 2. Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of] [Certification by the Chief Executive Officer (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: June 30, 2008 Roland W. Kohl Chief Executive Officer EX-13.1 12 v118427_ex13-1.htm] [Certification by the Chief Financial Officer (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: June 30, 2008 Po Fong Chief Financial Officer EX-13.2 13 v118427_ex13-2.htm] [[DELOITTE TOUCHE TOHMATSU LETTERHEAD] CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in Registration Statements No. 333-13320, No. 333-10312, and No. 333-132736 of Highway Holdings Limited on Form S-8 of our report relating to the consolidated financial statements of Highway Holdings Limited dated June 28 2008, appearing in the Annual Report on Form 20-F]