YONGNAM HOLDINGS LIMITED

ANNOUNCEMENT

The Board of Directors wishes to announce that the Company has been informed by its Finance
Director and Executive Director Mr Chia Sin Cheng that he is assisting the Commercial Affairs
Department in its investigation on possible infringement of section 218 of the Securities and
Futures Act.

The Company will monitor the progress of the investigations and will make such further
announcements as appropriate.

BY ORDER OF THE BOARD
Seow Soon Yong
Chief Executive Officer
18 June 2009