TEMPORARY ODD-LOT COUNTER AND DESIGNATED BROKER

The Board of Directors wishes to announce that the Company has made arrangements with OCBC Securities Private Limited ("

This temporary counter will be maintained for a period of one (1) month from the listing date of the Triyards Shares ("

The setting up of the temporary odd-lot counter is strictly of a provisional nature. Shareholders who continue to hold odd-lots of less than 1,000 Triyards Shares after the Concession Period may find difficulty and/or have to bear disproportional transaction costs in the disposal.

 

Shareholders who wish to use the Designated Broker to dispose of their odd-lots but who do not have any existing account with OCBC Securities must open an account with OCBC Securities by visiting in person at the address below:

OCBC Securities Private Limited

Customer Service Department

18 Church Street #01-00,

OCBC Centre South,

Singapore 049479

Telephone: 1800 338 8688

Shareholders should note that all account-opening applications are subject to the Designated Broker’s approval criteria and/or procedures and are based on such terms and conditions as may be determined by the Designated Broker. The Designated Broker has the discretion to decline account-opening applications without giving any reasons.

A concessionary minimum brokerage fee of S$20.00 per contract will be charged to OCBC Securities clients in their sale of the Triyards Shares in board lots of 100 Triyards Shares on the temporary odd-lot counter during the Concession Period. The prevailing Goods and Services Tax of 7% on the brokerage fee and the SGX-ST's clearing and trading fees will apply. For all trades in board lots of 1,000 Triyards Shares and in the Unit Share Market, the usual brokerage fees will apply. After the Concession Period, the concessionary minimum brokerage fee will no longer apply.

  OCBC Securities" ) to act as a designated broker (the " Designated Broker" ) for the purpose of providing shareholders with a more economical avenue to dispose of their odd-lots of shares in Triyards (" Triyards Shares" ) arising from the Distribution. Shareholders should note that this arrangement is made only to facilitate the disposal of board lots of 100 Triyards Shares on the temporary odd-lot counter. Concession Period" ) (from Thursday, 18 October 2012 to Friday, 16 November 2012, both dates inclusive). Thereafter, shareholders can trade in odd-lots of the Triyards Shares on the SGX-ST Unit Share Market.