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Exercise Of Warrants

BackApr 13, 2011

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 281,870,085 ordinary shares (excluding treasury shares) to 282,385,085 ordinary shares (excluding treasury shares) by way of the allotment and issue of 515,000 new ordinary shares pursuant to the exercise of 515,000 warrants at the exercise price of $0.20 on 11 April 2011. 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 26,729,175 outstanding warrants remaining after the aforesaid exercise.