MEMORANDUM

To : Management and Staff of KS Energy Group
cc : The Board of Directors of KS Energy Limited Management and Staff of KS Energy Limited Management and Staff of KS Distribution Pte Ltd Management and Staff of KS Drilling Pte Ltd
Management and Staff of KS Fabrication and Engineering Pte Ltd
From : Legal & Corporate Secretarial Date: 30 April 2013

CLOSED WINDOW PERIOD FOR SECURITIES TRANSACTIONS

This memo serves as a reminder to all Directors and Employees of KS Energy Group to comply with various rules and regulations governing dealings in securities set out under the Listing Rules of the Singapore Exchange Securities Trading Limited, the provisions of the Securities and Futures Act and the Company's Code of Best Practices on Securities Transactions.
Under the Securities and Futures Act, it is an offence for any Director or Employee of KS Energy Limited
("KSE" or "the Company") or their subsidiaries or related companies ("Group companies") to:
(a) deal in the shares of KSE including options, as well as transactions in securities relating to KSE (including shares and warrants) while in possession of unpublished price-sensitive information relating to these securities by reason of his/her being a director or employee of KSE or its Group companies; or
(b) deal in the securities of another company while in possession of price-sensitive information relating to a transaction between KSE and that other company by reason of his/her being a director or employee of KSE or its Group companies; or
(c) communicate that price-sensitive information to another person with a view to deal or procure another person to deal in those securities.
As Directors and Employees of KSE or its Group companies, you should note that it is an offence to deal in KSE's securities (as well as securities of other listed companies) while in possession of unpublished material price-sensitive information.

Under KSE's Code of Best Practices for Securities Transactions, all Directors and Employees are prohibited from dealing in KSE's securities during the period commencing two weeks before theannouncement of the company's financial statements for the first and third quarter of its financialyear, and one month before the announcement of the Company's half and full year financial statements for the financial year, as the case may be, and ending on the date of the announcement of the relevant results.

In view of the impending announcement of the Company's first quarter financial statements, all Directors and Employees are reminded NOTto deal in KSE's securities from 30 April 2013to the date of the announcement.
All Directors and Employees are also discouraged from dealing in KSE's securities on short-term considerations and should, at all times, be mindful of the law on insider trading.
If you require any clarification, please do not hesitate to contact the Legal and Corporate Secretarial
Department.
Best regards

LEGAL & CORPORATE SECRETARIAL

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