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| Announcement Title | General Announcement |
| Announcement Subtitle | PROPOSED ISSUE OF S$55,000,000 7.0% NOTES DUE 2018 |
| Securities | GALLANT VENTURE LTD. (GALLANT) |
| Date & Time of Broadcast | May 20, 2015 18:24 |
| Submitted By | Choo Kok Kiong Executive Director and Company Secretary |
| Description | Proposed issue of S$55,000,000 7.0% Notes due 2018 under the U.S$500,000,000 Euro Medium Term Note Programme (To be consolidated and form a single series with the existing S$175,000,000 7.0% Notes due 2018 issued on 6 April 2015) Please see attached. |
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