The Board of Directors of MEB wishes to announce that the Company also intends to seek shareholders’ approval at the forthcoming Thirty-Ninth Annual General Meeting for the Proposed New Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature together with the following proposals which had been announced on 11 May 2012:-

(i) Proposed Renewal of Share Buy-Back Authority; and
(ii) Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.

A Statement/Circular to Shareholders and Annual Report 2011 containing details of the abovementioned proposals will be despatched in due course.

This announcement is dated 21 May 2012.