General Announcement::Receipt of Listing and Quotation Notice from the SGX-ST

MERCURIUS CAPITAL INVESTMENT LIMITED

(Incorporated in Singapore)

(Company Registration No. 198200473E)

RECEIPT OF LISTING AND QUOTATION NOTICE IN RESPECT OF THE LISTING AND QUOTATION OF (I) 1,670,000 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.045 EACH,

TO MR HESTER CHEW HAI CHIENE ("MR CHEW") AS DIRECTOR'S FEES FOR THE PERIOD 25 JULY 2020 TO 31 MARCH 2021 (THE "DIRECTOR'S SHARES") PURSUANT TO A SERVICE AGREEMENT AND SUPPLEMENTAL LETTER ENTERED INTO BY THE COMPANY AND MR CHEW ON 25 JULY 2019 AND 4 NOVEMBER 2019 (COLLECTIVELY THE "SERVICE AGREEMENT"); AND (II) 27,272,727 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.055

EACH, TO MS CHEAH BEE LIN ("MS CHEAH") (THE "PLACEMENT SHARES"), PURSUANT TO A SUBSCRIPTION AGREEMENT ENTERED INTO BETWEEN THE COMPANY AND MS CHEAH ON 2 JUNE 2021 (THE "PROPOSED PLACEMENT")

The board of directors ("Board") of Mercurius Capital Investment Limited (the "Company") refers to the Company's announcements dated 7 April 2021 in relation to the Director's Shares to Mr Chew and 7 June 2021 in relation to the Proposed Placement (the "Announcements").

Unless as otherwise defined, all capitalised terms used herein shall have the same meaning ascribed to them in the Announcements.

Further to the Announcements, the Board wishes to announce that the Company had, on 5 July 2021, received the listing and quotation notice ("LQN") from the SGX-ST for the listing of, and quotation for the Director's Shares and the Placement Shares, subject to the Company's compliance with the SGX- ST's listing requirements for the Director's Shares and Placement Shares.

The Company further refers to paragraph 4.2 of the 7 June 2021 Announcement and wishes to clarify that the proceeds from the Proposed Placement shall not be utilised to make payment to the director's loan.

The LQN is not to be taken as an indication of the merits of the Director's Shares, the Placement Shares, the Service Agreement, the Proposed Placement, the Company and/or its subsidiaries.

The Director's Shares and the Placement Shares will be issued to Mr Chew and Ms Cheah within seven

(7) market days from the date of the LQN.

Separate announcement(s) will be released by the Company upon the allotment and issuance of the Placement Shares on Catalist.

BY ORDER OF THE BOARD

Chang Wei Lu

Executive Chairman and Chief Executive Officer

6 July 2021

This announcement has been prepared by the Company and reviewed by the sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone [phone].