Issue Of 1.5% Equity-Linked Redeemable Non Recallable Structured Convertible Notes Due 2010 With An Aggregate Principal Amount Of Up To S$32,000,000 Comprising Three Tranches Of A Principal Amount Of S$12,000,000, S$10,000,000 And S$10,000,000 Respectively

BackDec 30, 2009
The Board of Directors of mDR Limited (the "Company") wishes to announce that Value Capital Asset Management Limited, in its capacity as investment manager to Advance Opportunities Fund, has on 30 December 2009 subscribed for the tenth sub-tranche of Tranche 1 Notes amounting to S$500,000.

None of the Directors or the Substantial Shareholders of the Company has any direct or indirect interest in the above transaction.

Note: (Capitalised terms not expressly defined herein shall have the same meanings as ascribed to them in the Company's Circular dated 21 December 2007).


BY ORDER OF THE BOARD

PHILIP ENG HENG NEE
Chairman
On behalf of MDR Limited


30 December 2009