healthway, healthy?

CLARIFICATION ON STRAITS TIMES ARTICLE DATED 11 DECEMBER 2010

Healthway Medical Corporation Limited (the “

“Healthway draws investor interest” (the “

provide further clarification in respect of the following statements made in the ST Article:Company”) refers to The Straits Times articleST Article”) dated 11 December 2010 and would like to

1.

400 medical and dental centres as well as specialised hospitals in China in five years

wishes to clarify that this potential scale of operations is achievable against the context of the large

and emerging untapped private healthcare services market in China. However this does not

represent a definitive plan of the Company. The course of action and plans to be adopted by the

Company with respect to its expansion in China in the next five years will be dependent and tailored

to the then prevailing market and business conditions.The Company notes that the ST Article indicated that the Company “hopes to open 300 to”. The Company

2.

increase to more than 50 per cent in five years

expansion plans announced on 14 August 2010 that the China market would form a significant part of

the Company’s future growth plansIn respect of the statement that the proportion of the Group’s revenue from China “may", this is in line with the updates on the Company’s

3

Company wishes to clarify that no profit forecast for the next financial year has been made and the

statement was made on the context that the new doctors who joined the Company in 2010 have

started to gain traction in terms of clinical revenue generation and this is expected to improve the

financial performance of the Company and its subsidiaries in the next financial year ending 31

December 2011.In respect of the statement that "earnings next year should rebound to last year’s levels", the

4.

Company wishes to clarify that being a public company listed on Catalist, it occasionally receives and

reviews propositions by interested third parties who express interest to acquire a stake in the

Company. However, such reviews are in their preliminary stages and there is no certainty that these

reviews will proceed beyond the preliminary stages or that any transaction would result from such

reviews. The Company wishes to clarify that, as at the date of this announcement, no memoranda of

understanding or definitive agreements (other than those that have been previously disclosed) have

arisen from any investment propositions. The Company will make the necessary announcements if

there are any material developments in this aspect.

Submitted by Dr Jong Hee Sen, the President and Executive Director of the Company, to the

Singapore Exchange Securities Trading Limited on 13 December 2010.

_________________________________________________________________________________In respect of the statement that the Company "is speaking to potential investors", the

This announcement has been prepared by the Company and its contents have been reviewed by the

Company’s Sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “

the relevant rules of the Singapore Exchange Securities Trading Limited (“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 Mr Mark Liew, Managing Director, Corporate Finance, at 20

Cecil Street, #21-02, Equity Plaza, Singapore 049705, telephone 65-62298088Sponsor”), for compliance withSGX-ST”). The

@ cerebos, he is only in charge of the singapore market only.

how many lots did u invested at 16.5