Result of General Meeting re Proposed Capital Restructuring

Categorised Under:

At the Company's General Meeting held on 19 September, shareholders duly passed unanimously the resolutions put to the Meeting to both approve the cancellation of the Company's share premium account and grant authority to the Company to make market purchases of ordinary shares of the Company.

This approval by shareholders will be the subject of a Court hearing of application to confirm the cancellation of share premium account, scheduled for 29 October 2008, with an anticipated date on which the cancellation of share premium account becomes effective of 7 November 2008.