NOTICE OF EXTRAORDINARY GENERAL MEETING that an Extraordinary General Meeting of Elite KSB Holdings Limited (the ?Company?) will be held at 8 Wilkie Road, #03-01 Wilkie Edge, Singapore 228095 on 29 August 2013 at 10.00 a.m. for the purpose of considering and, if thought fi t, passing with or without modifi cations, the following resolutions:-

NOTICE IS HEREBY GIVEN

SPECIAL RESOLUTION 

  PROPOSED CAPITAL REDUCTION AND CASH DISTRIBUTION

(a) the share capital of the Company be reduced by an amount of approximately S$8.94 million and that such reduction be effected and satisfied by returning to shareholders of the Company an amount of S$0.066 per share in cash

(b) ......

ORDINARY RESOLUTION  -  PROPOSED DISPOSAL

THAT:

(a) approval be hereby given for the Company to dispose its 75% equity interest in KSB China Holdings Private Limited for a consideration of S$10,572,331 to Chew Ghim Bok, subject to the terms and conditions of the disposal agreement dated 18 June 2013

(b) .......

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Elite KSB Holdings Limited (the ?Company?) will be held at 8 Wilkie Road, #03-01 Wilkie Edge, Singapore 228095 on 29 August 2013 at 10.00 a.m. for the purpose of considering and, if thought fi t, passing with or without modifi cations, the following resolutions:-

SPECIAL RESOLUTION ? PROPOSED CAPITAL REDUCTION AND CASH DISTRIBUTION

THAT pursuant to Section 78A read with Section 78C of the Companies Act (Chapter 50 of Singapore):?

(a) the share capital of the Company be reduced by an amount of approximately S$8.94 million and that such reduction be effected and satisfi ed by returning to shareholders of the Company an amount of S$0.066 per share in cash (the ?

(b) the Directors, Company Secretary and each of them be hereby authorised to take all such steps and do all such acts and things as they or he may deem fi t, necessary and/or expedient to fi nalise, complete, implement and give full effect to the Proposed Capital Reduction.Proposed Capital Reduction?) for each issued and fully paid-up ordinary share in the capital of the Company held as at a books closure date to be determined by the Directors and

ORDINARY RESOLUTION ? PROPOSED DISPOSAL

THAT:

(a) approval be hereby given for the Company to dispose its 75% equity interest in KSB China Holdings Private Limited for a consideration of S$10,572,331 to Chew Ghim Bok, subject to the terms and conditions of the disposal agreement dated 18 June 2013 (the ?

(b) the Directors of the Company be hereby authorised to complete and do all acts and things as they may consider necessary or expedient for the purposes of or in connection with

the Proposed Disposal and to give effect to this Resolution (including but not limited to the execution of other ancillary documents, procurement of third party consents and making

of amendments to the Proposed Disposal) as they shall think fi t and in the interests of the

Company.

By Order of the Board

Chew GhimProposed Disposal?) and