Following the Company`s Notice to the 15th AGM announced on 29 April 2010, the Board of Directors of JOTECH wishes to announce that the General Mandate for the Authority to Directors to Allot and Issue Shares is for the purpose of providing flexibility on possible fund raising exercises, including but not limited to further placement of shares for the purpose of funding and/or future investment(s), acquisition(s) and/or working capital without the need to convene separate general meeting to seek its shareholders’ approval thus avoiding the incurrence of additional cost and time.