ANNOUNCEMENT PT KOBA TIN: STATUS OF APPLICATION FOR EXTENSION OF CONTRACT OF WORK

The Straits Trading Company Limited refers to its announcement dated 2 August 2013 on the Status of Application for Extension of Contract of Work.

As announced by Malaysia Smelting Corporation Berhad ("MSC") today, PT Koba Tin has yet to receive further notification from the Minister of Energy and Mineral Resources, Republic of Indonesia, with regard to Contract of Work extension.

The Company will make further announcement as and when there are further developments in relation to the matter.

A copy of MSC's announcement is attached.

By Order of the Board

Aldric Tan Jee Wei

Company Secretary

The Straits Trading Company Limited

4 September 2013

Singapore

This Announcement will be available at the Company's website at http://www.stc.com.sg

About The Straits Trading Company Limited

Incorporated in 1887, The Straits Trading Company Limited is one of the oldest public listed companies in Singapore, with business interests and investments spanning the Asia Pacific region. Through its subsidiary, Malaysia Smelting Corporation Berhad, listed on Bursa Malaysia with a secondary listing on SGX-ST, Straits Trading engages in tin mining and smelting, and resource investments. Straits Trading owns properties and hotels and its property business, which includes property investments, development and management primarily in Singapore and Malaysia is driven by its subsidiary, Straits Developments Private Limited. Its hospitality division, Rendezvous Hospitality Group, manages and operates a stable of hotels in Asia Pacific under the Rendezvous brand.

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