General Announcement::COMPLETION OF THE ALLOTMENT AND ISSUANCE OF THE JUNE2021 SHARES

SINGAPORE MYANMAR INVESTCO LIMITED

(Incorporated in Singapore)

(Company Registration No. 200505764Z)

COMPLETION OF THE ALLOTMENT AND ISSUANCE OF THE JUNE2021 SHARES

1. The Board of Directors ("Board") of Singapore Myanmar Investco Limited ("Company" and together with its subsidiaries, "Group") refers to the announcements dated (a) 21 and 23 June 2021 (collectively "June2021 Subscription Announcements"), (b) 16 August 2021 ("Option Exercise Announcement") and (c) 30 August 2021 ("AIP Announcement"). Unless otherwise defined herein or the context otherwise requires, all capitalised terms in this announcement shall have the meanings defined in the June2021 Subscription Announcements, the Option Exercise Announcement and the AIP Announcement.
2. The Board wishes to announce that the Company has on 1 September 2021 completed the allotment and issuance of the following shares:
3. 1. 44,333,333 new Shares to be allotted and issued to The9 Limited and 4,000,000 new Shares to be allotted and issued to the Introducer, details of which are disclosed in the June2021 Subscription Announcements and the Option Exercise Announcement, and
   2. 3,300,000 new Shares to be allotted and issued to Jonathan Paul, 5,000,000 new Shares to be allotted and issued to Ong Toon Wah and 1,245,000 new Shares to be allotted and issued to the Introducer, details of which are disclosed in the June2021 Subscription Announcements,

(collectively, the "June2021 Shares")

1. The June2021 Shares will rank pari passu in all respects with the existing Shares except that they will not rank for any dividends, rights, allotments or other distributions, the record date of which falls on or before the allotment and issuance of the June2021 Shares.
2. Following the allotment and issuance of the June2021 Shares, the total number of Shares in the Company has increased from 321,496,792 Shares to 379,375,125 Shares.
3. The June2021 Shares are expected to be listed and quoted on the Mainboard of the SGX-ST with effect from 9.00 a.m. on 3 September 2021. Please note that the approval-in-principle of the SGX-ST for the listing and quotation of the June2021 Shares is not to be taken as an indication of the merits of the allotment and issuance of the June2021 Shares, the Company and/or its subsidiaries.

BY ORDER OF THE BOARD

Mark Bedingham

President & CEO

1 September 2021

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