The Board of Directors of Oxley Holdings Limited refers to the announcement on 10 February 2020 of the unaudited financial statements of the Group for the second quarter and half year ended 31 December 2019 wherein it has been announced that an interim tax exempt (one-tier) dividend of SGD 0.0032 per ordinary share in respect of the financial year ending 30 June 2020 has been declared. The Share Transfer Book and Register of Members of the Company will be closed from 5.00 p.m. on 30 March 2020 (the "Record Date") for the preparation of dividend payment. Duly completed and stamped registrable transfers received by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place, #32-01, Singapore Land Tower, Singapore 048623 up to 5.00 p.m. on 30 March 2020 will be registered to determine shareholders' entitlements to the interim tax exempt (one-tier) dividend of SGD 0.0032 per ordinary share (the "Interim Dividend"). Payment of the Interim Dividend is expected to be made on 15 May 2020.