(Singapore Registration No.: 200009758W)

NEWS RELEASE

MIDAS' JV UNIT KICKS OFF 2014 WITH ORDERS WORTH RMB1.11 BILLION

- First contract worth RMB520 million to supply 85 train cars for the

Suzhou Rail Transit Line 2 Extension

- Second contract worth RMB590 million to supply 78 additional train cars for Nanjing Metro Line 1

Singapore & Hong Kong, January 6, 2014 - Midas Holdings Limited (