| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Director |
| Securities | MDR LIMITED (MDR) |
| Date & Time of Broadcast | Nov 12, 2015 18:32 |
| Submitted By | Madan Mohan Company Secretary |
| Effective date and time | Nov 12, 2015 17:00 |
| Description | Cessation of Mr Mah Kah On as an Independent and Non-Executive Director of the Company |
| Cessation Details | |
| Name of person | Mr Mah Kah On |
| Age | 65 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Nov 12, 2015 |
| Detailed reason(s) for cessation | Mr Mah has completed 9 years term as an Independent Director ("ID") of the Company. He continued in office till date upon the Company's request until a suitable replacement ID could be found. The Company has appointed a new ID effective from today. As such, Mr Mah took this opportunity to step down from the Board. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of appointment to current position | Sep 9, 2005 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 2 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| Job Title | 1) Independent Non-Executive Director; 2) Chairman of Audit Committee; 3) Member of Nominating Committee; and 4) Member of Remuneration Committee. |
| Role and responsibilities | 1) Independent Non-Executive Director; 2) Member of Audit Committee; 3) Member of Nominating Committee; and 4) Member of Remuneration Committee. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | No |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 10,000,000 |
| Other directorships | |
| Past (for the last 5 years) | None |
| Present | None |