Ezion Holdings Ltd : Change In Capital :: Grant Of Share Options :: Grant Of Options Pursuant To The Ezion Employee Share Option Scheme

EZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No 199904364E) GRANT OF OPTIONS PURSUANT TO THE EZION EMPLOYEE SHARE OPTION SCHEME

In accordance to Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited, Ezion Holdings Limited ("Ezion" or the "Company") wishes to announce the grant of options pursuant to the Ezion Employee Share Option Scheme ("ESOS"). The details of the grant of options are set out below:

Date of Grant

BY ORDER OF THE BOARD

Lim Ka Bee

Company Secretary

21 January 2013

About Ezion Holdings Limited ):

Ezion Holdings Limited ("Ezion" and together with its subsidiaries the "Group") has 2 main business divisions that specialises in the development, ownership and chartering of strategic offshore assets and the provision of offshore marine logistics and support services to the offshore oil and gas industries.
The Group is the owner of one of the largest and most sophisticated class of Multi-Purpose Self Propelled Jack- up Rigs ("Liftboats") in the world and one of the first to promote the usage of Liftboats in Asia & Middle East. Ezion's Liftboats are used mainly for well-servicing, commissioning, maintenance and decommissioning of offshore platforms.
The Group is also the owner of a fleet of vessels, consisting of tugs, ballastable barges, offshore support vessel and self-propelled barge that are used in the provision of offshore marine logistics and support services to the offshore oil and gas industries. The Group's fleet of ballastable barges, one of the largest in the region, has been specially reinforced and modified to carry the prefabricated modules in the construction of LNG extraction facilities and jackets for the offshore oil and gas industries. The Group also co-owns a Multi-Purpose Vessel to provide logistics support of equipment from America to Australia and Papua New Guinea.
The Group's operating companies also offers a range of services to include marine consulting related to the development & construction and marine logistic solutions for marine offshore facilities.
Branch offices in Korea, The United States of America and Australia provide logistics, supercargo, engineering and freight forwarding to complement existing operations.

Contact Information:
Ezion Holdings Limited Mr Chew Thiam Keng Chief Executive Officer Tel: [phone]
Fax: [phone]
Email: [e-mail]