INCORPORATION OF WHOLLY-OWNED SUBSIDIARIES


Keppel Corporation Limited (the '"Company") wishes to announce that it had incorporated three (3)
wholly-owned subsidiaries as follows:

1.

Name : Place of Incorporation : Date of Incorporation : Issued and Paid up Capital : Principal activities :

Keppel Capital Holdings Pte. Ltd. Republic of Singapore

21 January 2013

US$1.00

Investment holding

2.

Name : Place of Incorporation : Date of Incorporation : Issued and Paid up Capital : Principal activities :

Keppel Capital Pte. Ltd. Republic of Singapore

21 January 2013

US$1.00

To arrange, syndicate and/or provide financing to customers purchasing goods and/or services from the Keppel Group

3.

Name : Place of Incorporation : Date of Incorporation : Issued and Paid up Capital : Principal activities :

Keppel Capital One Pte. Ltd. Republic of Singapore

21 January 2013

US$1.00

To arrange, syndicate and/or provide financing to customers purchasing goods and/or services from

the Keppel Group

The incorporation of the said subsidiaries is not expected to have any significant impact on the earnings per share and net tangible asset per share of the Company for the financial year ending 31
December 2013.

distributed by