The Board of Directors of JCB wishes to announce that the Company proposes to obtain shareholders' approval on the Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares ("Proposed Share Buy-Back") at the forthcoming Annual General Meeting ("AGM") of the Company.
At the AGM of the Company held on 17 May 2012, the shareholders of JCB had granted a mandate for the Company to purchase up to 10% of its own ordinary shares.

The Board of Directors of JCB had proposed that the Company seeks shareholders' approval for a renewal of the authority for the Company to purchase its own ordinary shares at the forthcoming AGM of the Company.

A Statement to Shareholders containing details in relation to the Proposed Share Buy-Back Mandate will be distributed to shareholders together with the Annual Report of the Company for the financial year ended 31 December 2012.