(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 31 December 2014 in relation to the Proposed Par Value Reduction, where applicable, unless stated otherwise or defined herein.)

On behalf of the Board of Directors of XDL, Mercury Securities Sdn Bhd wishes to announce that following the approval of the Proposed Par Value Reduction by shareholders of the Company on 13 February 2015, the aforementioned par value reduction takes effect on 18 February 2015, being the Par Value Reduction Effective Date. As such, the said exercise is deemed completed on 18 February 2015.

This announcement is dated 18 February 2015.