CIRCULAR TO SHAREHOLDERS Clause Samples

CIRCULAR TO SHAREHOLDERS. The Company will be seeking specific approval of its Shareholders for the Proposed Transactions at an EGM. The Circular containing, inter alia, further information on the Proposed Transactions and enclosing the notice of EGM therewith, will be dispatched to the Shareholders in due course.

CIRCULAR TO SHAREHOLDERS. The Circular to the Shareholders containing information on the Proposed Acquisition, together with the notice of the EGM, will be despatched by the Company in due course.

CIRCULAR TO SHAREHOLDERS. ▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ is a related party as contemplated in paragraph 10.1 of the JSE Listings Requirements (“Listings Requirements”) as a director of Trustco and is also entitled together with Next Investments (Pty) Ltd to exercise 10% or more of the votes able to be cast at a Trustco general meeting. The Family is the majority shareholder in Trustco. • The settlement mechanism of the loan by way of the potential issuance of TTO shares to the Family should the Conversion Option be exercised, is considered to be a specific issue of shares for cash as per 5.51 of the Listings Requirements (“Specific Issue”). • Consequently, in terms of the Listings Requirements, the Specific Issue requires the approval of Shareholders at a general meeting. • The Family and its associates will be excluded from voting at the above general meeting. • A circular containing full details of the Specific Issue as well as a notice to convene a general meeting of Shareholders in order to consider and, if deemed fit, to pass with or without modification, the resolutions necessary to approve and implement the Specific Issue, will be made available to Shareholders in due course.

CIRCULAR TO SHAREHOLDERS. A circular containing, inter alia, the rationale and information relating to the Revised Transaction Documents, Interested Person Transaction and Whitewash Resolution, together with the notice of the EGM, will be despatched to the Shareholders by the Company in due course.

CIRCULAR TO SHAREHOLDERS. A circular containing, inter alia, information on the Convertible Loan, the Conversion and the Whitewash Waiver (where required), will be despatched to the Company’s shareholders in due course.

CIRCULAR TO SHAREHOLDERS. A circular (the "Circular") containing details of the Put Option and a notice convening an EGM of the Company will be despatched to Shareholders in due course. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

CIRCULAR TO SHAREHOLDERS. A circular containing further details on the Proposed Disposal and enclosing a notice of extraordinary general meeting in connection therewith will be despatched to Shareholders of the Company in due course.

CIRCULAR TO SHAREHOLDERS. A circular setting out further information on, amongst others, the Proposed Acquisition and the change in the nature of the business and risk profile of the Company arising from the Proposed Acquisition will be despatched to the Shareholders in due course together with the notice to convene the extraordinary general meeting. The Company will make further announcements relating to the Proposed Acquisition as and when necessary.

CIRCULAR TO SHAREHOLDERS. The Circular, a copy of which is made available with this Announcement, contains further details of the 2010 Management Agreement, including the other principal terms, the rationale for (and the benefit to) the Company, the financial effects, and the Independent Directors’ recommendation. For and on behalf of k1 Ventures Limited ▇▇▇▇ ▇▇▇ Hsien Company Secretary 28 September 2010 If you are in any doubt as to the course of action you should take, you should consult your stockbroker, bank manager, solicitor, accountant or other professional adviser immediately. If you have sold your ordinary shares in the capital of k1 Ventures Limited (the “Company”), you should immediately forward this Circular and the Proxy Form attached to this Circular to the purchaser or to the stockbroker or other agent through whom the sale was effected for onward transmission to the purchaser. The Singapore Exchange Securities Trading Limited takes no responsibility for the accuracy of any statements or opinions made or reports contained in this Circular. Last date and time for lodgement of Proxy Form : 13 October 2010 at 3.00 p.m. Date and time of Extraordinary General Meeting : 15 October 2010 at 3.00 p.m. (or as soon thereafter following the conclusion or adjournment of the Annual General Meeting of the Company to be held at 2.30 p.m. on the same day and at the same place) Place of Extraordinary General Meeting : Four Seasons Hotel Four Seasons Ballroom (Level 2) ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇