We refer to the announcements dated 30 September 2013, 3 October 2013, 8 November 2013, 14 November 2013, 15 November 2013, 9 December 2013 and 23 December 2013 (“Announcements”).

(For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of XDL, Mercury Securities Sdn Bhd wishes to announce that as at the close of acceptance and payment for the Rights Shares at 5.00 p.m. on 9 January 2013 (“Closing Date”), XDL had received valid acceptances and excess applications for a total of 286,015,576 Rights Shares. This represents an over-subscription of 18.19% over the total number of Rights Shares available under the Rights Issue.

Details of valid acceptances and excess applications received as at the Closing Date are as follows:

Successful applicants of the Rights Shares will be given Warrants 2014 and Bonus Shares on the basis of 3 Warrants 2014 and 3 Bonus Shares for every 4 Rights Shares successfully subscribed for. The minimum number of Warrants 2014 and Bonus Shares that can be issued and allotted with the accepted Rights Shares is 1 Warrant 2014 and 1 Bonus Share. Any fractional Rights Shares, Bonus Shares and Warrants 2014 will be disregarded and will be included in the pool to be made available for excess application.

Accordingly, the Rights Shares not taken up or not validly taken up by our entitled shareholders and/or their renouncee(s) and/or transferee(s) prior to excess application (“Excess Rights Shares”) will be allotted in the priority set out in the Abridged Prospectus dated 23 December 2013 as follows:

(i) to minimise the incidence of odd lots;

(ii) on a pro-rata basis to the Entitled Shareholders who have applied for Excess Rights Shares, taking into consideration their respective shareholdings as at the Entitlement Date on a board lot basis;

(iii) on a pro-rata basis to the Entitled Shareholders who have applied for Excess Rights Shares, taking into consideration the quantum of their respective Excess Rights Share Applications; and

(iv) on a pro-rata basis to the transferee(s) and/or renouncee(s) who have applied for Excess Rights Shares, based on the quantum of their respective Excess Rights Shares application.

The Rights Shares, Warrants 2014 and Bonus Shares are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 27 January 2014.

This announcement is dated 20 January 2014.