WBL Corporation Limited co reg no. 191200028Z PROPOSED VOLUNTARY DELISTING OF WBL CORPORATION LIMITED - CLOSE OF THE EXIT OFFERS 1. INTRODUCTION

The Board of Directors of WBL Corporation Limited ("Company") refers to the following:
(a) the exit offers letter dated 14 January 2014 ("Exit Offers Letter") issued by UE Centennial Venture Pte. Ltd. ("Offeror") to the holders of the issued ordinary stock units in the capital of the Company ("Stock Units") and the holders of the 2.5% convertible bonds due 10 June 2014 issued by the Company on 10 June 2009 ("Convertible Bonds") in relation to the exit offers by the Offeror to acquire (i) all the issued Stock Units other than those already owned, controlled or agreed to be acquired by the Offeror, and (ii) all the outstanding Convertible Bonds other than those already owned, controlled or agreed to be acquired by the Offeror ((i) and (ii), collectively, the "Exit Offers"); and
(b) the announcement on 11 February 2014 by the Offeror in relation to the close of the
Exit Offers ("Close of Exit Offers Announcement").

2. CLOSE OF THE EXIT OFFERS

As stated in the Close of Exit Offers Announcement, the Exit Offers have closed as of 5.30 p.m. (Singapore time) on 11 February 2014. Accordingly, the Exit Offers are no longer open for acceptances and any acceptances received thereafter will be rejected.

3. RESPONSIBILITY STATEMENT

The directors ("Directors") of the Company (including any who may have delegated detailed supervision of this announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this announcement (other than those relating to the Offeror) are fair and accurate and that no material facts have been omitted from this announcement, the omission of which would make any statement in this announcement misleading.
Where any information in this announcement has been extracted or reproduced from published or otherwise publicly available sources or obtained from the Offeror, the sole responsibility of the Directors of the Company has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, accurately reflected or reproduced in this announcement. The Directors of the Company jointly and severally accept responsibility accordingly.
By Order of the Board
Tan Swee Hong
Company Secretary
WBL Corporation Limited
11 February 2014

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