IOI Corporation Berhad (the “Company” or “IOI”) wishes to announce that at the 44th Annual General Meeting (“AGM”) of the Company held on 19 October 2013, the shareholders of the Company had approved all resolutions as set out in the notice of the AGM :-

Ordinary Resolutions

1. Re-election of Datuk Karownakaran @ Karunakaran a/l Ramasamy, who retired by rotation pursuant to Article 101 of the Company’s Articles of Association, as Director of the Company.

2. Re-election of Mr Lim Tuang Ooi, who retired by rotation pursuant to Article 101 of the Company’s Articles of Association, as Director of the Company.

3. Re-appointment of Tan Sri Dato' Lee Shin Cheng as Director of the Company to hold office until the next AGM, pursuant to Section 129 of the Companies Act, 1965.

4. Re-appointment of Datuk Hj Mohd Khalil b Dato’ Hj Mohd Noor as Director of the Company to hold office until the next AGM, pursuant to Section 129 of the Companies Act, 1965.

5. Retainment of Datuk Hj Mohd Khalil b Dato’ Hj Mohd Noor as Independent Non-Executive Director of the Company.

6. Payment of Directors’ fees of RM724,516 for the financial year ended 30 June 2013.

7. Re-appointment of BDO as Auditors of the Company for the financial year ending 30 June 2014 and authority to the Directors to fix the Auditors’ remuneration.

8. Authority to Directors to allot and issue shares in the Company up to an amount not exceeding 10% of the issued and paid-up share capital of the Company under Section 132D of the Companies Act, 1965 and that such authority shall continue in force until the next AGM of the Company.

9. Renewal of authority for IOI to purchase such number of ordinary shares of RM0.10 each in IOI as may be determined by the Directors from time to time through Bursa Malaysia Securities Berhad upon such terms and conditions as the Directors may deem fit in the interest of the Company provided that the aggregate number of shares purchased does not exceed 10% of the total issued and paid-up share capital of the Company.

10. Renewal of Shareholders' Mandate and approval of new Shareholders’ Mandate for the Company and its subsidiaries ("IOI Group") to enter into any of the Recurrent Related Party Transactions of a revenue or trading nature which are necessary for the day-to-day operations involving the interests of Directors, Major Shareholders or persons connected to the Directors and/or Major Shareholders of IOI Group ("Related Parties"), subject to the transactions being in the ordinary course of business on normal commercial terms which are not more favourable to the Related Parties than those generally available to the public and are not to the detriment of the minority shareholders of the Company. This authority unless revoked or varied at a general meeting, will expire at the conclusion of the next AGM of the Company.

Special Resolution

1. Amendments to the Articles of Association of the Company as contained in the Appendix 1 attached to the Annual Report 2013.

This announcement is dated 19 October 2013.