Nylex wishes to announce that the Company proposes to seek the approval of its shareholders for the following at the forthcoming 43^rd Annual General Meeting:

(a)         to amend the Articles of Association of the Company to be in compliance with the amendments to the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) and the prevailing statutory and regulatory requirements;

(b)         to renew the mandate in respect of recurrent related party transactions with existing transacting related parties, pursuant to Paragraph 10.09 of the Listing Requirements of Bursa Securities and Practice Note 12; and

(c)         to renew the mandate for the Company to purchase up to ten per centum (10%) of its issued and paid-up share capital on Bursa Securities in accordance with the provisions of Section 67A of the Companies Act, 1965, the Company’s Articles of Association and the Listing Requirements of Bursa Securities.

A Circular to Shareholders/Statement in relation to the above will be sent to the shareholders in due course.

This announcement is dated 17 October 2013.