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Exercise Of Warrants

BackNov 01, 2010

Title EXERCISE OF WARRANTS
Type Convertible Securities
Specific Shareholder's Approval Required? No
Description The Board of Directors of OKP Holdings Limited (the "Company") wishes to announce that the number of issued ordinary shares of the Company has increased from 265,000,485 ordinary shares (excluding treasury shares) to 265,332,735 ordinary shares (excluding treasury shares) by way of the allotment and issue of 332,250 new ordinary shares pursuant to the exercise of 332,250 warrants at the exercise price of $0.20 on 27 October 2010. These new shares rank pari passu in all respects with the existing shares of the Company, and they were listed and quoted on the Singapore Exchange Securities Trading Limited today.

There are 43,781,525 outstanding warrants remaining after the aforesaid exercise.