Results Of Annual General Meeting And Extraordinary General Meeting

Pursuant to Rule 704(14) of the listing rule of the Singapore Exchange Securities Trading Limited, the Board of Directors of Yongnam Holdings Limited is pleased to announce the following:-

i) all resolutions relating to matters as set out in the Notice of Annual General Meeting ("AGM") dated 5 April 2011 were duly passed at the AGM held on 27 April 2011; and

ii) all the resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") dated 5 April 2011 were duly passed at the EGM held on 27 April 2011.