| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | RETIREMENT OF DIRECTOR |
| Securities | MDR LIMITED (MDR) |
| Date & Time of Broadcast | Apr 30, 2014 18:34 |
| Submitted By | Mr Ong Ghim Choon Director and Chief Executive Officer |
| Description | Retirement of Mr Tham Khai Wor as Director of the Company. |
| Cessation Details | |
| Name of person | MR THAM KHAI WOR |
| Age | 69 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 30, 2014 |
| Detailed reason(s) for cessation | Mr Tham Khai Wor ("Mr Tham") retired at the conclusion of the Company's Annual General Meeting as he had expressed his intention not to seek re-election. |
| 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 | Oct 6, 2006 |
| 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 | |
| Job Title | Non-Independent Non-Executive Director; Member of Audit Committee; Member of Nominating Committee; and Member of Remuneration Committee. |
| Role and responsibilities | Non-Independent Non-Executive Director; Member of Audit Committee; Member of Nominating Committee; and 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 | 15,000,000 |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | M2L Holdings Limited, Non-Executive Director |