MEMSTAR TECHNOLOGY LTD.

Company Reg. No. 197901641K

RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 12 FEBRUARY 2014 The Board of Directors (the Board) of Memstar Technology Ltd. (the Company) is pleased to announce that at the Extraordinary General Meeting (EGM) of the Company held on 12 February 2014, on a poll vote, all of the Resolutions except Resolution 4, as set out in the Notice of EGM dated 20 January 2014, were duly passed by the shareholders. Resolution 4 was not passed at the EGM. The results of the poll on each of the Resolutions are set out below for information:

RESOLUTION Resolution 1: Ordinary Resolution To approve the Proposed Disposal

FOR No. of Votes 1,413,004,225

% 99.94

AGAINST No. of Votes % 832,250 0.06

Total No. of Valid Votes Cast 1,413,836,475

As more than 50% of the votes were cast in favour of this resolution, Resolution 1 was duly passed as an Ordinary Resolution

RESOLUTION Resolution 2: Ordinary Resolution To approve the Proposed Special Dividend

FOR No. of Votes 1,413,004,225

% 99.94

AGAINST No. of Votes % 832,250 0.06

Total No. of Valid Votes Cast 1,413,836,475

As more than 50% of the votes were cast in favour of this resolution, Resolution 2 was duly passed as an Ordinary Resolution

RESOLUTION Resolution 3: Special Resolution To approve the Proposed Capital Reduction

FOR No. of Votes 1,413,168,945

% 99.97

AGAINST No. of Votes % 487,250 0.03

Total No. of Valid Votes Cast 1,413,656,195

As more than 75% of the votes were cast in favour of this resolution, Resolution 3 was duly passed as a Special Resolution

RESOLUTION Resolution 4: Special Resolution To approve the Proposed Liquidation

FOR No. of Votes 487,250

% 0.03

AGAINST No. of Votes % 1,413,168,945 99.97

Total No. of Valid Votes Cast 1,413,656,195

As less than 75% of the votes were cast in favour of this resolution, Resolution 4 was not passed

By Order of The Board Lee Seng Suan Company Secretary Singapore, 12 February 2014
About Memstar Main board listed Memstar Technology Ltd is a Singapore home grown PVDF hollow fibre membrane and membrane product manufacturer. Its ultrafiltration (UF) and microfiltration (MF) membrane products have been used in water treatment, wastewater treatment and material separation. It has a portfolio of wastewater treatment plants generating recurring income. Headquartered in Singapore, the Group is equipped with strong R&D capabilities and has technologically advanced manufacturing facilities located in both Singapore and China