Malaysia Marine and Heavy Engineering Holdings Berhad ("MHB") is pleased to announce that at the 24th Annual General Meeting ("AGM") of MHB held on Tuesday, 18 June 2013 at 11.00 a.m. at Ballroom 1, Level 1, Sime Darby Convention Centre, 1A Jalan Bukit Kiara 1, 60000 Kuala Lumpur, all the resolutions as set out in the Notice of the 24th AGM dated 15 May 2013 were duly passed as follows:

ORDINARY RESOLUTIONS

Resolution 1 - Receipt of the Audited Financial Statements for the financial year ended 31 December 2012 together with the Reports of the Directors and Auditors thereon.

Resolution 2 - Approval of the payment of a final single tier dividend of 10 sen per share in respect of the financial year ended 31 December 2012.

Resolution 3 - Election of Choy Khai Choon as Director of the Company who retired pursuant to Article 112 of the Company's Articles of Association.

Resolution 4 - Re-election of Datuk Nasarudin Md Idris as Director of the Company who retired by rotation pursuant to Article 115 of the Company's Articles of Association.

Resolution 5 - Re-election of Dato' Halipah binti Esa as Director of the Company who retired by rotation pursuant to Article 115 of the Company's Articles of Association.

Resolution 6 - Re-election of Yee Yang Chien as Director of the Company who retired by rotation pursuant to Article 115 of the Company's Articles of Association.

Resolution 7 - Approval of the payment of Directors' fees amounting RM986,000 for the financial year ended 31 December 2012.

Resolution 8 - Re-appointment of Messrs Ernst & Young as Auditors of the Company and authorisation for the Directors to fix their remuneration.

SPECIAL RESOLUTION

Resolution 9 - Approval on the amendments to Articles of Association of the Company.

This announcement is dated 18 June 2013.