MTQ Corporation Limited

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Daily Share Buy-Back Notice

BackAug 01, 2008
Part I
(A) Share Buy-Back Authority
I. Maximum number of shares authorised for purchase 9,235,311
(B) Details of Purchases Made
I. Purchases made by way of market acquisition Yes
    Singapore Exchange Overseas Exchange
1 Date of Purchases 01/08/2008  
2a Total number of shares purchased 32,000  
2b Number of shares cancelled    
2c Number of shares held as treasury shares 32,000  
3 Price paid per share S$ 0.64375  
4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares S$ 20,665.59  
II. Purchases made by way of off market acquisition on equal access scheme? No
(C) Cumulative Purchases
  By way of market acquisition By way of off-market acquisition on equal access scheme Total
  No. %1 No. % No. %
Cumulative no. of shares purchased to-date2 117,000 0.127     117,000 0.127
1 Percentage of company's issued share capital as at the date of the share buy-back resolution
2 From the date on which the share buy-back mandate is obtained
(D) Number of issued shares after purchase
I. Number of issued shares after purchase 92,236,117
II. Number of treasury shares held after purchase 3,305,000
Other Notes
Footnotes At the date of the share buy-back resolution passed on 23 July 2008, the number of issued share was 92,353,117 ordinary shares excluding 3,188,000 treasury shares.

The Company also refers to its announcement dated 31 July 2008 and wish to clarify that the number of issued share excluding treasury shares after purchase under item D should be 92,268,117 shares instead of 92,353,117 shares.