The Board of Directors of Titijaya wishes to announce that Titijaya Resources Sdn. Bhd. (Company No. 1078020-X) (“TRSB”), a wholly owned subsidiary of the Company has on 30 October 2015, entered into a Shareholders’ Agreement (“SA”) with Amona Development Sdn. Bhd (Company No. 163826-A) (“ADSB”) and Metrogale Development Sdn. Bhd. (Company No. 1150341-V) (“MDSB” or JV Company”) to form a strategic collaboration and to govern the material aspects of the joint venture, the conduct of the business and the management of the JV Company (“Proposed Joint Venture”).

Please refer to the attachment for additional information.

This announcement is dated 30 October 2015.