The Board of Directors of Mulpha International Bhd (“MIB”) wishes to announce that MIB has on 7 September 2012 entered into a Share Sale Agreement (“SSA”) with Mula Holdings Sdn Bhd (“Purchaser”) to sell the entire equity interest in its wholly owned subsidiary, Bestari Sepang Sdn. Bhd. (“BSSB”) for a cash consideration of RM1.0 million (“Purchase Price”) (“Proposed Share Sale”).

Please refer to the attached file for the full text of the announcement.

This announcement is dated 10 September 2012.