Referring to the Disclosure of Information of PT Dian Swastika Sentosa Tbk ("Company") No.053/CSDSS-04/2015, dated 21 April 2015 regarding the completion of reverse take-over of GEAR (formerly United Fiber System Limited), the Company hereby announces that on 9 December 2016, GEAR, a Company’s subsidiary, completed the compliance placement in order to fulfill minimum public shareholding of 12% (in accordance with Rule No. 210 of SGX Listing Manual) by issuing 182,980,298 new shares at a price of SGD 0.67 / share.

GEAR shareholding structure after the issuance of new shares is as follows:

The new shares were listed on the mainboard of the SGX-ST and all shares in GEAR resumed trading with effect from 12 December 2016.