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COURAGE MARINE GROUP LIMITED

勇利航業集團有限公司*

(Incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 1145) (Singapore Stock Code: E91.SI)

DATE OF BOARD MEETING

The board (the "Board") of directors of Courage Marine Group Limited (the "Company") announces that a meeting of the Board will be held on Thursday, 14 May 2015 for the purpose of, among other matters, considering and approving the unaudited first quarter financial results of the Company and its subsidiaries for the three months ended 31 March 2015.

By Order of the Board Courage Marine Group Limited Hsu Chih-Chien

Chairman

Hong Kong, 29 April 2015

As at the date of this announcement, the managing Director is Mr. Wu Chao-Huan, the Chairman and non-executive Director is Mr. Hsu Chih-Chien, the executive Director is Mr. Wu Jian, the non- executive Director is Mr. Tsoi Wai Kwong and the independent non-executive Directors are Mr. Chu Wen Yuan, Mr. Foo Meng Kee and Mr. Ngiam Zee Moey.

* for identification purposes only

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