INVESTOR RELATIONS

We refer to the announcements dated 14 April 2015 and 17 April 2015 in relation to the Proposed LTIP.

On behalf of the Board of Directors of Naim (“Board”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 27 April 2015, approved the listing of and quotation for such number of new ordinary shares of RM1.00 each in Naim (“Naim Shares”), representing up to ten percent (10%) of the issued and paid-up share capital of Naim (excluding treasury shares), to be issued pursuant to the Proposed LTIP subject to the following:

(i) Maybank IB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed LTIP pursuant to paragraph 6.43(1) of the Main Market Listing Requirements ("Listing Requirements") and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting;

(ii) Naim is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Naim Shares listed pursuant to the Proposed LTIP as at the end of each quarter together with a detailed computation of listing fees payable; and

(iii) Naim is required to ensure full compliance of all the requirements pertaining to the Proposed LTIP as provided under the Listing Requirements at all times.

The circular to shareholders in relation to the Proposed LTIP will be despatched to the shareholders of Naim in due course.

This Announcement is dated 28 April 2015.