Santumas Shareholdings Plc

Pre-Annual General Meeting Information • Sep 3, 2014

Santumas Shareholdings pic

Amalgamated

with Marsascala Development Limited, Santumas Contractors Limited and Calpabrin Properties (Investments) Limited Britannia House 1, 9 Old Bakery Street, Valletta VLT 1450, Malta G.C. Telephones: (+356) 2123 1492 • 2125 0345 • 2122 1074 • Fax: (+356) 2123 9279 E-mail: santumas@maltanet.net

The following is a company announcement by Santumas Shareholdings pic in accordance with the Malta Financial Services Authority Listing Rules.

51st Annual General Meeting 2014

Notice is hereby given of the 51st Annual General Meeting of Santumas Shareholdings p.l.c. to be held at the Chamber of Commerce in Valletta on Wednesday, 24th September 2014 at 10.00 am for the purpose of considering and if deemed proper, approving the resolutions set out below:

ORDINARY BUSINESS

ORDINARY RESOLUTIONS

• 1. That the Profit and Loss Account and Balance Sheet of the financial year ended 31st March 2014, and the Directors and Auditors' Reports thereon, be hereby received and approved.
• 1. That the reappointment of Enrst & Young as Auditors be hereby approved, and the Board of Directors be hereby authorised to establish their remuneration.
• 1. That Anthony Demajo be and is hereby appointed as director until the next Annual General Meeting.
• 1. That Edward Firman be and is hereby appointed as director until the next Annual General Meeting.

SANTUMAS SHAREHOLDINGS pic is licenced as a Collective Investment Scheme by the Malta Financial Services Authority

Directors: K\£ NO^£e(2T TAgo W € . A. P. Demajo Jnr., E. Firman B.A., M.B.A., F.C.M.A., P. P. Testaferrata Moroni Viani, C. Testaferrata Moroni Viani

SPECIAL BUSINESS -EXTRAORDINARY RESOLUTION

• 1. That, subject to the Malta Financial Services Authority's ("MFSA") consent, the Company: (i) surrenders its licence as a collective investment scheme; (ii) applies to the Listing Authority in order to de-list the Company's shares on the Malta Stock Exchange ("MSE") as a collective investment scheme; and (iii) subject to the Listing Authority accepting such de-listing application to, simultaneously, apply to list the Company's shares as a property holding company in terms of Chapter 7 of the Listing Rules.
  2. 1. (a) To re-denominate the nominal value of the share capital of the Company from €0.582343 to €0.55 per share and accordingly change the authorized share capital of the Company from two million three hundred and twenty-nine thousand and three hundred seventy-two Euro (€2,329,372) divided into four million ordinary shares (4,000,000) Ordinary Shares of zero point five eight two three four three Eurocents (€0.582343) each share to two million three hundred and twenty-nine thousand and three hundred seventy-two Euro (€2,329,372) divided into four million, two hundred thirty-five thousand and two hundred and twenty-two (4,235,222) shares of a nominal value of €0.55 each share;
  3. (b) To increase the share capital from €969,703.59 to €1,007,443.80, through the capitalisation of revaluation reserves in the amount of €37,740.21, and to issue the equivalent number of fully paid up shares of a nominal value of €0.55 per share to shareholders of the Company who have last traded on the 3rd September 2014 and appear on the register of members of the Company as at 9th September 2014 at the ratio of one (1) bonus share for every ten (10) ordinary shares held (subject to rounding).
  4. 1. That the memorandum and articles of association of the Company be and are hereby amended in toto and are hereby replaced by the new Memorandum and Articles of Association.

By order of the Board of Santumas Shareholdings p.l.c, this the 3rd day of September 2014

MichaaTFormosa Gauci Company Secretary