Addendum to Additional Properties Agreement among China NetTV Holdings, Inc., Honglu Shareholders, and Highland Shareholders

Summary

This addendum updates the Additional Properties Agreement originally signed on November 5, 2004, between China NetTV Holdings, Inc., the Honglu Shareholders, and the Highland Shareholders. It clarifies the ownership structure of Danlu Resources Development Corp., which holds exploration licenses for certain mineral properties in China. The addendum specifies the percentage interests held by Honglu, Team No. 6 of the Geological Bureau of Tibet, and Headman Investment Consulting, Inc. in Danlu. All other terms of the original agreement remain unchanged.

EX-10.1 2 ex101.txt EXHIBIT 10.1 TO 8K DATED MAY 9, 2005 ADDENDUM TO ADDITIONAL PROPERTIES AGREEMENT China NetTV Holdings, Inc., a Nevada company with offices at Suite 536, 999 Canada Place, Vancouver, BC, Canada V6C 3E1. (herein called "China Net") AND Zhi Wang, Jie Yang, Xiaojun Ma (together called "Honglu Shareholders") AND Leung Yuet Mei, Leung Chi Ming, Yulin Chen (together called "Highland shareholders") (Honglu shareholders and Highland Shareholders together called "Rightsholders") This Agreement is addendum to the Additional Properties Agreement signed and effective as November 5, 2004 by and between parties as here above and hereby mutually covenant and agree as follows: Clause C of the Additional Properties Agreement to read as follows: C. Honglu owns a 65% interest, Team No. 6 of Geological Bureau of the Tibet Autonomous region owns a 30% interest and Headman Investment Consulting, Inc. owns a 5% interest in the capital of Danlu Resources Development Corp. ("Danlu"), a Chinese company which holds exploration licenses covering the Additional Properties as the sole holder or joint holder thereof. The list of the Additional Properties is attached hereto as Schedule "A (I)" and Schedule "A (II)". For greater clarity, Honglu Shareholders' interests in the Additional Properties by way of Hongulu's interest in Danlu are called Additional Rights as the term is defined under the Share Exchange Agreement of even date (the "Share Exchange Agreement") between Highland Shareholders and China Net. All other clauses remain the same as the agreement referred above. This Agreement may be executed in counterpart and by facsimile transmission with the same effect as if both parties had originally signed the same document. All counterparts will be construed together and constitute one and the same agreement. IN WITNESS WHEREOF the Parties hereto have duly executed this Agreement as of the date here above written. CHINA NETTV HOLDINGS INC. by its authorized signatory Per:/s/Anthony Garson Date: March 28, 2005 - ------------------------------ Printed Name: Anthony Garson Title: President /s/Maurice Tsakok ----------------------------- Maurice Tsakok WANG ZHI /s/Wang Zhi - ------------------------------ Signature YANG JIE /s/Yang Jie - ------------------------------ Signature MA XIAOJUN /s/Ma Xiaojun - ------------------------------ Signature LEUNG YUET MEI /s/Leung Yuet Mei - ------------------------------ Signature LEUNG CHI MING /s/Leung Chi Ming - ------------------------------ Signature CHEN YULIN /s/Chen Yulin - ------------------------------ Signature