Sino Techfibre Limited inform the shareholders that the Company had made an application to the Singapore Exchange Securities Trading Limited for an extension of time to announce its financial results for the second quarter ended 30 June 2011. The SGX-ST has confirmed on 12 August 2011 that it has no objection to the Company’s request for the extension of time to 14 November 2011 for its Q2 Results Announcements. (close: suspended)

  /sgx

For the 9 months ended 30.09.2009,

SinoTechfib reported a -39.3% in revenue to $131.37 million (vs 9 mths FY08 revenue of $216.40 million)
and fall in to loss of -$53.27 million (vs 9 mths FY08 profit of $70.63 million)

A commentary at the date of the announcement of the significant trends and
competitive conditions of the industry in which the group operates and any known
factors or events that may affect the group in the next reporting period and the next 12
months.

Update on PU and Microfibre Products:
As mentioned in our profit guidance on 22 October 2009, the average selling prices for both
PU and Microfibre remained weak in 3Q2009. However, we expect slight improvement in
4Q2009 average selling prices as there are signs of better orders from PU and Microfibre
Products.

Update on Pattern Moulding Paper (PMP) Production:
More patterns of PMP were produced during the period by our research department.
However, it takes time for us to market these new products and for our customers to place
orders for our products. Barring any unforeseen circumstances and assuming our customer
place orders for these new PMP patterns, we expect the contribution from these products will
come in next year.