RAMBA ENERGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 200301668R) ANNOUNCEMENT INCREASE IN ISSUED AND PAID-UP SHARE CAPITAL IN A SUBSIDIARY, RICHLAND CHEMICAL LOGISTICS PTE. LTD.

The Board of Directors of Ramba Energy Limited (the "Company") wishes to announce that the Company has through its wholly-owned subsidiary, Richland Global Pte. Ltd. ("RGPL") increased the issued and paid-up share capital of Richland Chemical Logistics Pte. Ltd. (formerly known as Richland LSP Pte. Ltd.) ("RCLPL"), a wholly owned subsidiary of RGPL, from S$100,000.00 to S$1,235,000.00 on 31 December 2012 (the "Additional Investment"). The Additional Investment of S$1,135,000.00 is satisfied by way of cash injection of S$549,400 (equivalent to US$450,000.00) and capitalisation of S$585,600 (equivalent to US$480,000.00) being intercompany balance payable by RCLPL to RGPL.

The Additional Investment is not expected to have any material financial impact on the net tangible assets per share and earnings per share of the Group for the financial year ended
31 December 2012.
None of the Directors or Controlling Shareholders of the Company has any interest, directly or indirectly, in the above transaction.

Order of the Board of

RAMBA ENERGY LIMITED TAN CHONG HUAT Non-Executive Chairman 3 January 2013
distributed by