The announcement made on the above matter on 9 December 2011 refers.

The Board of Directors of MBMR wishes to update that subsequent to the subscription of shares by its 78% owned subsidiary, Oriental Metal Industries (M) Sdn. Bhd. (“OMI”) in OMI Alloy (M) Sdn. Bhd. (“OMI Alloy”), today OMI officially launched the development of OMI Alloy’s manufacturing plant in Mukim Serendah, Rawang, Selangor Darul Ehsan.

In relation thereto, enclosed is the press release by MBMR.

This announcement is dated 12 January 2012.