DEED OF INDEMITY INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY

Keppel Corporation Limited (the '"Company") wishes to announce that it had incorporated a wholly-owned subsidiary as follows:
Name : Gas Technology Development Pte Ltd
Place of Incorporation : Republic of Singapore
Date of Incorporation : 1 July 2015
Issued and Paid up Capital : S$100
Principal activities : Gas technology development
The incorporation of the said subsidiary is not expected to have any significant impact on the earnings per share and net tangible asset per share of the Company for the financial year ending 31 December 2015.

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