Singapore Exchange Press Statement On The Central Depository (Pte) Limited And Migration Of CLOB Securities

On 7 January 2000, The Central Depository (Pte) Limited ("CDP") received an amended Document issued by Effective Capital Sdn Bhd ("ECSB") relating to a proposal for migration of CLOB Securities. The Document was dated 24 December 1999 and amended as at 6 January 2000. CDP is reviewing the amendments for incorporation into the Document to be disseminated. In the amended Document, the closing date for the Proposal has been extended to 22 February 2000.