ANNOUNCEMENTS RELATING TO PERISAI PETROLEUM TEKNOLOGI BERHAD

The Board of Directors (the “Board”) of EMAS Offshore Limited (the “Company”) refers to the announcements released by Perisai Petroleum Teknologi Berhad, which the Company owns an equity stake of 11.8%, on 18 August 2016 and 19 August 2016 on Bursa Malaysia (collectively, the “Perisai Announcements”).

Please refer to the following links for the full Perisai Announcements:

http://ir.chartnexus.com/perisai/onenew.php?id=71121&type=Announcement
http://ir.chartnexus.com/perisai/onenew.php?id=71175&type=Announcement

By Order of the Board

Shannon Ong
Company Secretary
22 August 2016