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Daily Share Buy-Back Notice

BackDec 12, 2012
Part I
(A) Share Buy-Back Authority
I. Maximum number of shares authorised for purchase 111,523,165
(B) Details of Purchases Made
I. Purchases made by way of market acquisition Yes
    Singapore Exchange Overseas Exchange
1 Date of Purchases 12/12/2012  
2a Total number of shares purchased 150,000  
2b Number of shares cancelled 150,000  
2c Number of shares held as treasury shares    
3 Price paid per share S$ 0.325  
4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares S$ 49,035.60  
II. Purchases made by way of off market acquisition on equal access scheme? No
(C) Cumulative Purchases
  By way of market acquisition By way of off-market acquisition on equal access scheme Total
  No. %1 No. % No. %
Cumulative no. of shares purchased to-date2 150,000 0.0135     150,000 0.0135
1 Percentage of company's issued share capital as at the date of the share buy-back resolution
2 From the date on which the share buy-back mandate is obtained
(D) Number of issued shares after purchase
I. Number of issued shares after purchase 1,115,081,656
II. Number of treasury shares held after purchase 0
Other Notes
Footnotes The percentage of the cumulative number of shares purchase to-date is calculated based on 1,115,231,656 issued shares in the capital of the Company excluding treasury shares pursuant to the share buy-back resolution passed at the Annual General Meeting held on 27 June 2012.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Canaccord Genuity Singapore Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Karen Soh, Deputy Managing Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd. at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160.