Issuance Programme

Jurong Technologies Industrial Corpn. Ltd (?Jurtech?) is pleased to announce today that it has

established a S$500,000,000 Multicurrency Debt Issuance Programme (?Programme?). Jurtech

has appointed DBS Bank Ltd. to act as sole Arranger and Dealer of the Programme.

Under the Programme, Jurtech may issue notes (?Notes?) from time to time in Singapore

dollars or in other currencies, in various amounts and tenors, and may bear fixed, floating or

variable rates of interest. Hybrid Notes and zero coupon Notes may also be issued under the

Programme. The Notes will be offered by Jurtech pursuant to exemptions invoked under

Sections 274 and/or 275 of the Securities and Futures Act, Chapter 289 of Singapore.

The net proceeds arising from the issue of Notes under the Programme (after deducting issue

expenses) will be used for the general corporate purposes of Jurtech and its subsidiaries (the

?Group?), including, without limitation, funding the Group?s new business opportunities,

financing the Group?s general working capital requirements and the Group?s capital expenditure

requirements, and refinancing the Group?s existing borrowings.

Application has been made to the Singapore Exchange Securities Trading Limited (?

for permission to deal in and quotation for any Notes which are agreed at the time of issue

thereof to be so listed on the SGX-ST. Such permission will be granted when such Notes have

been admitted to the Official List of the SGX-ST. The SGX-ST assumes no responsibility for the

correctness of any of the statements made or opinions expressed or reports contained herein.

Admission to the Official List of the SGX-ST and quotation of any Notes on the SGX-ST is not

to be taken as an indication of the merits of the Company, its subsidiaries, its associated

companies or such Notes.

Mr Lee Lok Fui, President of Jurtech said: ?Our Group has expanded several fold since our

listing on the SGX in 2000. We have been funding our growth through careful management of

our internal financial resources, as well as through loans and trade facilities from domestic and

international financial institutions.

We have, since 2006, commenced a strategy of diversifying our businesses through strategic

acquisitions. To date, the Group has seen new revenue streams from these new business

segments. The Group expects revenue from these new business segments to increase into the

future. To complement this strategy and to provide a strong base for our continued growth, we

have also re-examined our financial management.

The Programme, which represents our Group?s first fund raising in the debt capital market,

provides an alternative funding source to the Group with the flexibility of issuing Notes with

tenors and terms that match the business requirements of our Group.SGX-ST?)

BY ORDER OF THE BOARD

Lee Lok Fui

President and Chief Executive Officer