Protasco Berhad (“the Company”) wishes to announce that the Company has on 27 October 2014 received a Special Notice from shareholders of the Company, collectively holding approximately 10.51% of the issued and paid-up capital of the Company, notifying of their Proposal to move ordinary resolutions at an extraordinary general meeting of the Company to remove certain directors namely Tey Por Yee and Ooi Kock Aun.  A copy of the Special Notice is attached herewith.

A Board of Directors meeting would be called to discuss the matter and relevant announcement(s) would be made in due course.

This announcement is dated 27 October 2014.