Reference is made to the Company's announcement on 11 December 2012 pertaining to ECMLIL's acquisition of 36,116,867 Pelikan Shares, representing 7.09% of the total issued and paid up share capital net of treasury shares of Pelikan. The said shares were purchased from PBS Office Supplies Holding Sdn Bhd ("PBS") pursuant to a put and call agreement entered into with PBS ("Agreement").

The Company wishes to inform that on 27 May 2014, PBS has exercised the call option to acquire 28,832,867 Pelikan Shares from ECMLIL pursuant to the Agreement and executed via a Direct Business Transaction ("DBT") through Bursa Securities. Said DBT has no material financial impact on the earnings per share and net asset per share of ECMLFG. Up to 27 May 2014, ECMLIL has disposed of a total of 7,284,000 Pelikan Shares in the open market. Consequently, ECMLIL ceased to have interest in Pelikan Shares.

None of the directors of ECMLFG has any interest, direct or indirect in the aforesaid matter.

This announcement is dated 27 May 2014.