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ALLOTMENT AND ISSUE OF 35,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF TELEDATA (SINGAPORE) LIMITED

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The Board of Directors (the “Board”) of Teledata (Singapore) Limited (the “Company”) refers to the Company’s announcements in relation to the Subscription made on 8 and 27 April 2010 (the “Announcements”). All capitalised terms used and not defined herein shall have the same meanings given to them in the Announcements.

Further to the Announcements, the Board wishes to announce that the Company has on 30 April 2010 allotted and issued 35,000,000 new ordinary shares in the share capital of the Company (being the Subscription Shares) to Teo Yong Ping and Lim Tiong Kheng Steven (being the Subscribers) at the subscription price of S$0.04 per Subscription Share in accordance with the terms of the Subscription Agreement.

The Subscription Shares are equivalent to approximately 2.87% of the enlarged issued and paid-up share capital of the Company.

The Subscription Shares will rank pari passu in all respects with the existing issued and paid-up ordinary shares in the share capital of the Company.

The Subscription Shares will be listed and quoted on the Main Board of the SGX-ST on 3 May 2010 and trading of the Subscription Shares will commence with effect from 9.00 am on the same date.

The SGX-ST’s in-principle approval is not to be taken as an indication of the merits of the Subscription, the Subscription Shares, the Company and/or its subsidiaries.

By Order of the Board

Lee Bee Fong
Company Secretary
30 April 2010