NagaCorp Ltd : Notification Letter for Non-registered holder

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(Incorporated in the Cayman Islands with limited liability) (??????????????)

(Stock Code / ?????3918)

Dear Non-registered holder(1),
24 April 2012

The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at www.nagacorp.com and the website of Hong Kong Exchange and Clearing Limited ( "HKEx") at www.hkexnews.hk.
If you want to receive a printed version of the Current Corporate Communication, please complete the Request Form on the reverse side and return it to the Company's Share Registrar c/o Computershare Hong Kong Investor Services Limited (the "Hong Kong Share Registrar") by using the mailing label at the bottom of the Request Form (no need to affix a stamp if posted in Hong Kong; otherwise, please affix an appropriate stamp). The address of the Hong Kong Share Registrar is 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong. The Request Form may also be downloaded from the Company's website at www.nagacorp.com or the website of HKEx at www.hkexnews.hk.
Should you have any queries relating to any of the above matters, please call the Company's telephone hotline at (852) 2862
8688 during business hours from 9:00 a.m. to 6:00 p.m. Monday to Friday, excluding public holidays or send an email to n aga co r p . eco m@ co mp u t er sh a r e. co m. h k.
On behalf of the Board of

NAGACORP LTD. Timothy Patrick McNally Chairman

Note: (1) This letter is addressed t o Non-registered holders ("Non-registered holder" means such person or company whose shares are held in The Central Clearing and Settlement System (CCASS) and who has notified the Company from time to time through Hong Kong Securities Clearing Company Limited to receive Corporate Communication). If you have sold or transferred your shares in the Company, please disregard this letter and the Request Form on the reverse side.

* For identification purpose only

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Timothy Patrick McNally

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------------------------------------------------------------------------------------------------------------------ NGCH-24042012-1(0)

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(Incorporated in the Cayman Islands with limited liability) (??????????????)

(Stock Code / ?????3918)

To: NagaCorp Ltd. (the "Company")

c/o Computershare Hong Kong Investor Services Limited

17M Floor, Hopewell Centre,

183 Queen's Road East, Wanchai, Hong Kong

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I/We would like to receive the current and future Corporate Communication of the Company# as indicated below:

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(Please mark ONLY ONE (X) of the following boxes) (????????????????????X??)

Signature:

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Contact telephone number: Date:

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Notes ???

1. Please complet e all your details clearly.

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2. This letter is addressed to Non-registered holders ("Non-registered holder" means such person or company whose shares are held in The Central Clearing and Settlement System

(CCASS) and who has notified the Company from time to time through Hong Kong Securities Clearing Company Limited to receive Corporate Communication). ???????????????(???????????????????????????????????????????????????????? ?????)???

3. Any form with more than one box marked (X), with no box marked (X), with no signature or otherwise incorrectly completed will be void.

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4. The above instruction will apply to the Corporate Communication to be sent to you until you notify to the Company 's Share Registrar c/o Computershare Hong

Kong Investor Services Limited to the contrary or unless you have at anytime ceased to have holdings in the Company.

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5. For the avoidance of doubt, we do not accept any special instructions written on this Re quest Form.

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# Corporate Communication includes but not limited to (a) the directors' report, its annual accounts together with a copy o f the auditors' report and, where applicable, its summary financial report; (b) the interim report and, where applicable, summary interim report; (c) a notice of meeting; (d) a listing document; (e) a circular; and (f) a proxy form

? ? ? ? ? ? ? ? ? ? ? ? ? (a) ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (b)? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (c) ? ? ? ? ? (d)

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* For identification purpose only????

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Please cut the mailing label and stick this on the envelope to return this Request Form to us.

No postage stamp necessary if posted in Hong Kong .

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???? MAILING LABEL

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Computershare Hong Kong Investor Services Limited

?????? Freepost No. 37

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