secure mega projects in the region

of a marginal improvement in revenue to S$41.7 millionAchieved net profit attributable to shareholders of S$3.6 million on the back

2008Confirmed sales order of approximately S$17.2 million as at 22 February

ordinary shareRewards shareholders with a first and final dividend of 1.44 cents per

Singapore, 22 February 2008 ? SGX Mainboard-listed Cityneon Holdings Limited

(?Cityneon?, ?

services provider, achieved net profit attributable to shareholders of S$3.6 million for the

financial year ended 31 December 2007 (?FY2007?). The Group geared its marketing efforts

MEDIA RELEASE ---- FOR IMMEDIATE RELEASE

Cityneon upgrades to SGX Mainboard

investors and institutionsIncrease exposure to a broader stream of sophisticated

Singapore, 11 January 2008

?Group?), a fast-growing exhibition and event management services provider, has received

in-principle approval from the Singapore Exchange Securities Trading Limited (SGX-ST) to

upgrade to the SGX Main Board. With this, the listing and trading of the shares will

commence at 9.00 a.m., 22 January 2008.? Cityneon Holdings Limited (?Cityneon?, ?��
 ? or the

? We are very pleased with this achievement as it marks a significant milestone in the

history of Cityneon. Looking ahead, the MICE industry is experiencing strong growth

in Singapore, China and Middle East and the Group is well-positioned to benefit from

this growing trend with its operations in strategic markets.?

?The upgrade to Main Board will further enhance our profile as we seek to grow the

company through expansion into new geographical markets. This will also expose the

company to a broader stream of investors and institutions.?