The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Rights Issue with Warrants.

We refer to the earlier announcements dated 22 February 2018, 27 March 2018, 8 May 2018 and 16 July 2018.

On behalf of the Board, UOBKH wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants as at 5.00 p.m. on Tuesday, 14 August 2018, the total acceptances and excess applications for the Rights Issue with Warrants were 2,501,302,733 Rights Shares with Warrants E, which represents an over-subscription of 10.39% over the total number of 2,265,814,275 Rights Shares with Warrants E available for subscription under the Rights Issue with Warrants, the details of which are set out below:-

It is the intention of the Board to allot the Excess Rights Shares with Warrants E on a fair and equitable basis. The Board has applied the following basis and priority in allocating the Excess Rights Shares with Warrants E, in accordance with the Abridged Prospectus dated 30 July 2018:-

1. Firstly, to minimise the incidence of odd lots;
2. Secondly, for allocation to Entitled Shareholders who have applied for Excess Rights Shares with Warrants E, on a pro-rata basis and in board lot, calculated based on their respective shareholdings in the Company as at the Entitlement Date;
3. Thirdly, for allocation to Entitled Shareholders who have applied for Excess Rights Shares with Warrants E, on a pro-rata basis and in board lot, calculated based on the quantum of their respective Excess Rights Shares with Warrants E applied for; and
4. Finally, for allocation to renouncee(s) who have applied for Excess Rights Shares with Warrants E, on a pro-rata basis and in board lot, calculated based on the quantum of their respective Excess Rights Shares with Warrants E applied for.

In the event there is any remaining balance of the Excess Rights Shares with Warrants E applied for by the Entitled Shareholders and/ or renouncee(s) who have applied for the Excess Rights Shares with Warrants E after carrying out steps (i)-(iv) as set out above, steps (ii)-(iv) will be repeated again in the same sequence to allocate the remaining balance of the Excess Rights Shares with Warrants E to the Entitled Shareholders and/ or renouncee(s) who have applied for the Excess Rights Shares with Warrants E until such balance is fully allocated.

This announcement is dated 21 August 2018.