X0201 4 2003-11-07 0 0001075247 CHINA BROADBAND CORP CBBD 0001160374 HEYSEL MATTHEW C/O CHINA BROADBAND CORP. 1980, 440-2 AVE. SW CALGARY A0 T2P 5E9 ALBERTA, CANADA 1 1 0 0 Chief Executive Officer Stock Option 0.1 2003-11-07 2003-11-07 4 J 0 1620000 1 D 2003-07-11 2005-01-11 Common Stock 1620000 0 I MH Financial Management Ltd. Mr. Heysel owns 51% of the issued and outstanding shares of Big Sky Holdings and 25% of the issued and outstanding shares (100% of the voting stock) of MH Financial Management and is an officer and director of both corporations. MH Financial Management Ltd. transferred all it's rights in a Stock Option Agreement with two of China Broadband Corp.'s shareholders under which MH Financial Management had the right to purchase 1,620,000 shares at a price of $0.10 per share until January 11, 2005 to a third party for a total cost of $1.00 and future consideration to be determined by the parties at a future date which will be disclosed at that time. /s/ Matthew Heysel 2003-11-12