BAKER TECHNOLOGY LIMITED

(Unique Entity Number 198100637D)

(Incorporated in the Republic of Singapore)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN

Meeting of Baker Technology Limited (the “

held at Nautica II, Level 2, Republic of Singapore Yacht Club,

52 West Coast Ferry Road, Singapore 126887 on 23 October 2010

at 10.00 a.m. for the purpose of considering and, if thought fi t,

passing, with or without modifi cations, the following:that an Extraordinary GeneralCompany”) will be

AS ORDINARY RESOLUTION

Approval be and is hereby given for the disposal by the Company

of the entire issued and paid-up share capital of PPL Holdings Pte

Ltd to QD Asia Pacifi c Ltd (the “

consideration of US$116.25 million (the “

on the terms and conditions of the letter of offer from Yangzijiang

Shipbuilding (Holdings) Ltd. dated 16 April 2010 (and accepted by

the Company on 23 April 2010) as varied and amended by the

amendment and novation agreement dated 1 September 2010

and entered into between the Company, Yangzijiang Shipbuilding

(Holdings) Ltd. and the New Buyer (the “

and the Directors of the Company be and are hereby authorised to

complete and do any and all such acts and things as they may, in

their absolute discretion deem fi t, expedient or necessary to give

effect to the Proposed Disposal and/or the Amended Agreement.

By Order of the Board

Aw Seok Chin

Company Secretary

8 October 2010New Buyer”), for a revised cashProposed Disposal”)Amended Agreement”),