Biosensors : Announcement Of Results Of Invitation In Connection With Notes At Expiration Deadline

cca25523-7336-4f23-a2af-79ac8ab1cd71.pdf BIOSENSORS INVESTMENT (SINGAPORE) PTE. LTD.

(Incorporated in the Republic of Singapore) UEN/Company Registration No.: 201229974W

ANNOUNCEMENT

S$300,000,000 4.875 per cent. Notes due 2017 (ISIN: SG6Y81989338) (the "Notes") issued by Biosensors Investment (Singapore) Pte. Ltd. (the "Company") pursuant to its S$800,000,000 Multicurrency Medium Term Note Programme established on 4 January 2013, unconditionally and irrevocably guaranteed by Biosensors International Group, Ltd.

Announcement of results of Invitation by the Company in connection with the Notes as at the Expiration Deadline

Reference is made to the announcement made by the Company on 7 December 2015 (the "Announcement") in relation to the Invitation by the Company in connection with the Notes. Capitalised terms used but not otherwise defined in this announcement shall have the same meanings ascribed to them in the Announcements and the Invitation Memorandum.

The Company wishes to announce that as at 3.00 p.m. (Singapore time) on 5 January 2016 (the "Expiration Deadline"), the holders of S$280,000,000 in aggregate principal amount of the Notes have instructed that the votes attributable to their Notes should be cast in favour of the Extraordinary Resolution. These Notes have also been validly offered for sale (and not validly withdrawn) pursuant to the Invitation.

As at the Expiration Deadline, S$20,000,000 in aggregate principal amount of the Notes were not offered for sale. However, the Noteholders of S$7,000,000 in aggregate principal amount of such Notes have submitted voting instructions and votes in respect of S$4,000,000 in aggregate principal amount of such Notes will be voted in favour of the Extraordinary Resolution. Accordingly, votes in respect of S$284,000,000 in aggregate principal amount of the Notes will be voted in favour of the Extraordinary Resolution.

The Company wishes to inform the Noteholders that it will not be extending the Expiration Deadline, being

3.00 p.m. (Singapore time) on 5 January 2016. Therefore, the Invitation has expired at 3.00 p.m. (Singapore time) today.

Based on the voting instructions received at the Expiration Deadline, it is expected that the quorum required for the Meeting will be met and that the Extraordinary Resolution of the Noteholders in connection with the Proposal will be approved at the Meeting.

For the avoidance of doubt, Noteholders who are eligible to receive the Early Consent Fee will not additionally receive the Normal Consent Fee. If the Proposal is not approved by way of the Extraordinary Resolution, no Consent Fee will be paid to any of the Noteholders, irrespective of whether or not such Noteholder has delivered a valid Consent and no tendered Notes will be purchased.

The Company expects to make an announcement in due course on the final results of the Invitation, stating among other things, whether the Company accepts for purchase Notes validly tendered in the Invitation and, if so, (i) the aggregate principal amount of the Notes accepted for purchase (if any); and (ii) the Consent Fees to be paid by the Company.

By Order of the Board

Biosensors Investment (Singapore) Pte. Ltd.

Ronald H. Ede Director

5 January 2016