Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Singapore Registration No.: 200009758W) (Incorporated in Singapore with limited liability) (Hong Kong Stock Code: 1021) (Singapore Stock Code: 5EN)

OVERSEAS REGULATORY ANNOUNCEMENT INSIDE INFORMATION

This announcement is issued pursuant to Part XIVA of the Securities and Futures Ordinance and Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached news release on the next page which has been published by Midas Holdings Limited (the “Company”) on the website of the Singapore Exchange Securities Trading Limited on 16 October 2013.

On behalf of the Board Midas Holdings Limited Chew Hwa Kwang, Patrick Executive Director and Chief Executive Officer

Hong Kong, 16 October 2013

As at the date of this announcement, the executive directors of the Company are Mr. Chen Wei Ping and Mr. Chew Hwa Kwang, Patrick; and the independent non-executive directors of the Company are Mr. Chan Soo Sen, Dr. Xu Wei Dong and Mr. Tong Din Eu.

(Singapore Registration No.: 200009758W)

NEWS RELEASE

MIDAS ANNOUNCES INTERNATIONAL AND PRC CONTRACT WINS WORTH OVER RMB221.8 MILLION1 - Secures contracts to supply aluminium alloy extrusion profiles and certain fabricated parts to two major train projects in Europe worth €17.7 million - Wins contracts to supply aluminium alloy extrusion profiles and certain fabricated parts to major PRC metro projects worth RMB75.9 million - Expects contracts to contribute positively to the Group’s financial performance from 2013 to 2017

Singapore & Hong Kong, 16 October 2013 - Midas Holdings Limited (麦达斯控股 有限公司) (“Midas” or the “Company”, together with its subsidiaries, the “Group”; SGX-ST stock code: 5EN; SEHK stock code: 1021) is pleased to announce that its subsidiary, Jilin Midas Aluminium Industries Co., Ltd (“Jilin Midas”) has secured €17.7 million worth of international contracts for two major train projects in Europe and RMB75.9 million worth of metro orders for the PRC market.

The two international contracts, worth an aggregate sum of €17.7 million, will see Midas supply aluminium alloy extrusion profiles and certain fabricated parts for two major train projects in Europe with delivery expected to take place between 2013 and 2017.

1 Based on the exchange rate of €1.00 = RMB8.24482 (www.xe.com)

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4 Shenton Way #18-03 SGX Centre 2, Singapore 068807 Tel (65) 6438 3052 Fax (65) 6438 3053 www.midas.com.sg

Mr Patrick Chew (周华光), Executive Director and Chief Executive Officer of Midas, said, “We are pleased that our major customers continue to recognise and place their trust in Midas’ ability to deliver. The two international contracts are yet another affirmation of our strong working relationship with global customers and quality of our superior products and services. With this, our year-to-date orders from the international market now stand at over €50 million equivalent.”

The PRC contracts were awarded by the Group’s 32.5% owned joint-venture company, Nanjing SR Puzhen Rail Transport Co., Ltd (“NPRT”) (南京南车浦镇城轨 车辆有限公司).

The first contract, worth RMB10.8 million, is for the supply of aluminium alloy extrusion profiles for 56 train cars to the project. Delivery for this contract is expected to take place progressively from 2013 to 2014.

The second contract, worth RMB19.6 million, is for the supply of aluminium alloy extrusion profiles and certain fabricated parts for 26 train sets (1 train set = 4 train cars), or 104 train cars, for the Ningtian Intercity project.

The third contract, worth RMB35.0 million, is for the supply of aluminium alloy extrusion profiles and certain fabricated parts for 29 train sets (1 train set = 6 train cars), or 174 train cars, for the Line 4 project.

Delivery for Ningtian Intercity Line 1 and Nanjing Metro Line 4 projects are expected to take place progressively from 2013 to 2015.

NPRT has also placed an additional RMB10.5 million worth of aluminium alloy extrusion profiles orders, for the Metro , Dongguan Rapid Railway R2 Line, Line 2 and Nanjing-Gaochun Intercity Rail projects. The delivery for these additional orders is expected to take place progressively from 2013 to 2016.

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Commenting on the PRC contract wins, Mr Chew said, “We are excited that the Group’s order book has received yet another healthy boost from the PRC metro industry. This underpins the railway industry’s growth story, and is reflective of our continuing leadership position in the PRC. Moving forward, we are optimistic of new opportunities for market players, both in the PRC and international markets.”

These international and PRC contracts are expected to contribute positively to Midas’ financial performance from 2013 to 2017.

About Midas Holdings Limited

Founded in 2000, Midas is today the leading manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector in the PRC. Over the years, Midas has built an established track record in supplying to the PRC passenger rail transportation sector, which includes participation in landmark contracts such as trains for the Beijing-Tianjin High Speed Train Project, and inter- city high speed trains for the CRH3-380 Project. Midas’ customers include domestic PRC licensed train manufacturers from South Locomotive & Rolling Stock Corporation Limited (中国南车股份有限公司) and China CNR Corporation Limited (中 国北车股份有限公司), as well as international customers such as Alstom Transport, Siemens AG and Bombardier Transportation.

Midas has a strategic 32.5% stake investment in Nanjing SR Puzhen Rail Transport Co., Ltd (南京南车浦镇城轨车辆有限公司) (“NPRT”), an associate company engaged in the development, manufacturing and sale of metro trains, bogies and their related parts.

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In recognition of its consistent growth and profitability, Midas is one of only six companies, and the only aluminium alloy extrusion products manufacturer, in Asia to be included in Forbes Asia’s “Best Under A Billion” list for four consecutive years from 2006 to 2009. The Company was also awarded the “Best Investor Relations Award (Gold)” at the Singapore Corporate Awards 2010 in the “S$300 million to less than S$1 billion market capitalisation” category. As testament to its strong brand name and reputation in the PRC, Midas was conferred the prestigious “China Well- Known Trademark” (“ 中 国 驰 名 商 标 ”) by the Trademark Office of the State Administration for Industry & Commerce of the PRC (“中国国家工商行政管理总局商 标局”) (“SAIC”) in 2011.

Midas has a primary listing on the Mainboard of the Singapore Exchange Securities Trading Limited and a secondary listing on the Main Board of the Stock Exchange of Hong Kong Limited.

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ISSUED ON BEHALF OF : Midas Holdings Limited BY : Citigate Dewe Rogerson, i.MAGE Pte Ltd 55 Market Street #02-01 SINGAPORE 048941 For Midas CONTACT : Ms Miu Chan at telephone : +852 3746 9192 EMAIL : [email protected]

For CDR, i.MAGE CONTACT : Mr Clarence Fu / Mr Ng Chung Keat at telephone DURING OFFICE HOURS : +65 6534-5122 (Office) AFTER OFFICE HOURS : +65 9781-0737 / +65 9781-3605 (Handphone) EMAIL : [email protected] / [email protected] 105/13/012/MHL 16 October, 2013

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