ANNOUNCEMENT RELATING TO SALE OF SHARES IN PV KEEZ

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The Board of Directors (the “Board”) of EMAS Offshore Limited (the “Company”) refers to the announcement released by Ezra Holdings Limited, which owns a 75.5% equity stake in the Company, on 7 September 2016.

Please refer to the following link to the announcement:

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=KUYM5SSOS33EDI03&H=0d18404529ad19ca5de582f86fbddff67786eb0805806ba0cb3932542feff834 

By Order of the Board

Shannon Ong

Company Secretary

07 September 2016