AEI CORPORATION LTD (Registration No: 198300506G) Incorporated in the Republic of Singapore RESPONSE TO SGX QUERY ON THE COMPANY'S ANNUAL REPORT 2014


The Board of Directors of AEI Corporation Ltd (the "Company") wishes to provide the following additional information in response to the query received from the Singapore Exchange Limited ("SGX- ST") on 23 April 2015 regarding the Company's annual report for the financial year ended 31 December
2014 (the "Annual Report 2014"):

Query from SGX-ST

Guideline 11.3 of the Code states that the Board should comment on the adequacy and effectiveness of the internal controls, including financial, operational, compliance and information technology controls, and risk management systems, in the company's Annual Report. The Board's commentary should include information needed by stakeholders to make an informed assessment of the company's internal control and risk management systems. The Board should also comment in the company's Annual Report on whether it has received assurance from the CEO and the CFO:
(a) that the financial records have been properly maintained and the financial statements give a true and fair view of the company's operations and finances; and
(b) regarding the effectiveness of the company's risk management and internal control systems.
As required under Listing Rule 710, please make disclosure as recommended in the Code; in particular, the effectiveness of the internal controls, including financial, operational, compliance and information technology controls, and risk management systems, as well as the adequacy of the risk management systems, or otherwise explain the reason(s) for the deviation.

Company's Response

Further to the disclosures under Pages 26 and 27 of the Company's Annual Report 2014, based on the internal control established and information maintained by the Group, work performed by the external and internal auditors, the assurances from the CEO and the CFO, reviews performed by management, various Board committees and the Board, the Audit Committee and the Board are of the opinion that the Group's system of internal controls addressing financial, operational, information technology controls, compliance and risk management systems as at 31 December 2014 were adequate and effective presentation of that state of the Company.

By Order of the Board

Ngiam Zee Moey
Company Secretary
23 April 2015

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