The Board of Directors of Olympia Industries Berhad ("Olympia" or "the Company") wishes to announce thatwith the exception of resolution 4 that was withdrawn,all resolutions as set out in the Notice of the Thirty-FourthAnnual General Meeting ("AGM") of Olympia dated 29 April 2016were duly passed by the shareholders of the Company at the AGM held this morning.

In respect of resolution 4, Tan Sri Datuk Eugenio Antonio Da Luz Campos did not seek re-appointmentas a Director pursuant to Section 129(6) of the Companies Act, 1965and therefore retired at the conclusion of the AGM.

This announcement is dated 8 June 2016.