The Board of Directors of MBMR wishes to announce that the Company will be seeking shareholders' approval at the forthcoming Extraordinary General Meeting of MBMR on the Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate").

A Circular to Shareholders on the Proposed Shareholders' Mandate will be despatched to the shareholders of MBMR in due course.