On behalf of the Board of Directors of the Company, we wish to announce that the Company intends to seek the approval of its shareholders to undertake the following proposal at the forthcoming 2018 Annual General Meeting:

- Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature ("Proposed Shareholders' Mandate")

The Circular to shareholders setting out the details of the above porposal will be despatched in due course.

This announcement is dated 26 February 2018.