Microsoft Word - Otto Marine Limited - EGM - Result of EGM - 14 Aug 2015 - V2 (2).doc OTTO MARINE LIMITED

(Company Registration Number 197902647M)

(Incorporated with limited liability in the Republic of Singapore on 5 September 1979)

RESULTS OF EXTRAORDINARY GENERAL MEETING


The Board of Directors of Otto Marine Limited (the "Company") wishes to announce that pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the ordinary resolution as set out in the Notice of the Extraordinary General Meeting (the "EGM") dated 30 July 2015 and put to the EGM has been duly passed by the shareholders of the Company at the EGM held on 14 August 2015.
The result of the poll on the ordinary resolution as set out in the Notice of EGM is set out below:

Ordinary Resolution

Total number shares represented by votes for and against the relevant resolution

FOR

AGAINST

Ordinary Resolution

Total number shares represented by votes for and against the relevant resolution

Number of shares

As a

percentage of total number of votes for and

against the resolution

(%)

Number of shares

As a

percentage of total number of votes for and against the resolution (%)

To approve the proposed consolidation of every twenty (20) existing issued ordinary shares in the capital of the Company held by shareholders of the Company as at the books closure date, into one (1) ordinary share in the capital of the Company, fractional entitlements to be disregarded

2,858,747,744

2,858,116,494

99.98

631,250

0.02

None of the shareholders of the Company is required to abstain from voting on the above ordinary resolution tabled at the EGM. DMS Corporate Services Pte. Ltd. was the appointed scrutineer for the EGM.
By order of the Board
Michael See Kian Heng
Group Chief Executive Officer and Group Executive Director
14 August 2015

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