Swiber Holdings Limited

Co Reg No. 200414721N

12 International Business Park, Swiber@IBP #01-05 Singapore 609920

Tel: +65 6505 0800 Fax: +65 6505 0801 www.swiber.com


NOTICE OF TRANSFER OF TREASURY SHARES

Pursuant to Rule 704(28) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board of Directors of Swiber Holdings Limited (the "Company") wishes to announce the following details in relation to the transfer and use of treasury shares:
(a) Date of transfer and/or use : 27 January 2014
(b) Purpose of transfer and/or use : Pursuant to Swiber Performance Share Plan
(c) Number of treasury shares transferred and/or use : 896,668 (d)Number of treasury shares held before transfer and/or use : 931,668
(e) Number of treasury shares held after transfer and/or use : 35,000
(f) Percentage of the number of treasury shares against the total number of issued ordinary shares (excluding shares held in treasury) before transfer and/or use
(g) Percentage of the number of treasury shares against the total number of issued ordinary shares (excluding shares held in treasury) after transfer and/or use
: 0.15%(1)
: 0.006% (2)
(h) Value of the treasury shares transferred (SGD) : 368,228.37
By Order of the Board
Raymond Kim Goh
Executive Chairman
Date: 26 January 2014
Notes:
(1) The percentage is computed based on 608,489,332 being the total number of issued voting shares of the Company (excluding 931,668 treasury shares).
(2) The percentage is computed based on 609,386,000 being the total number of issued voting shares of
the Company (excluding 35,000 treasury shares).

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