Description

The Board of Directors of OKP Holdings Limited (the "Company") wishes to announce that the number of issued ordinary shares of the Company has increased from 307,739,584 ordinary shares (excluding treasury shares) to 308,430,594 ordinary shares (excluding treasury shares) by way of the allotment and issue of 691,010 new ordinary shares pursuant to the exercise of 691,010 warrants at the exercise price of $0.20 on 4 January 2013. These new shares rank pari passu in all respects with the existing shares of the Company, and they were listed and quoted on the Singapore Exchange Securities Trading Limited today.

There were 683,666 outstanding warrants remaining after the aforesaid exercise, and they expired at 5.00 p.m. on 4 January 2013 and ceased to be valid for any purpose whatsoever.

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