Malita Investments Plc

AGM Information • Mar 20, 2020

COMPANY ANNOUNCEMENT

MALITA INVESTMENTS P.L.C (THE "COMPANY")

AGM Postponement; Dividend; COVID-19

Date of Announcement	20 March 2020
Reference	78/2020
In Terms of Listing Rules	5.16

QUOTE

The Board of Directors announces that in view of the present COVID-19 situation and the directives issued by the Public Health Authorities, Malita Investments plc (the "Company") is postponing its AGM to a future date which will be announced.

The Board further announces that due to the current extraordinary circumstances, and in the interest of shareholders it has decided to proceed with the payment a gross dividend of €3,228,756 or €0.0218 per share (net dividend of €2,744,442 or €0.01853 per share) referred to in Company Announcement 77/2020 dated 12 March 2020. The dividend will be paid on 12 May 2020 to those shareholders included in the shareholders register of the Company as at 6 April 2020 (as previously indicated in Company Announcement 77/2020 dated 12 March 2020). This decision will be submitted for the confirmation of the shareholders at the Annual General Meeting that will be held when circumstances allow.

The Board and management are constantly monitoring the impact of COVID-19 on the Company's operations, particularly in relation to how the various measures being implemented by the Government to contain the spread of the virus will impact the progress on the various construction sites forming part of the Housing Project.

The Board shall continue to closely monitor the progress on the various sites and the repercussions of the pandemic and its impacts on the Company's operations and performance, and keep the market informed of material developments.

This announcement is being made by the Board at this time in order to comply with the Company's obligations in terms of the Listing Rules.

UNQUOTE

Signed

Donald Vella Company Secretary