The Board of Directors of Silverlake Axis Ltd (the "Company") wishes to announce that at the Special General Meeting of the Company held on 28 January 2010, all resolutions relating to the matters as set out in the Notice of Special General Meeting dated 13 January 2010 were duly passed with an amendment to the Ordinary Resolution 4 in relation to the increase in the authorised share capital of the Company.
The amended Ordinary Resolution 4 was proposed and seconded by the shareholders, put to motion and duly voted and approved by the shareholders of the Company. With the amended Ordinary Resolution 4, the Company may increase the authorised share capital of the Company from US$40,000,000 comprising 2 billion ordinary shares of par value US$0.02 each, to US$60,000,000 comprising 3 billion ordinary shares of par value US$0.02 each, by the creation of 1 billion new shares of par value US$0.02 each.
By order of the Board
Hoong Lai Ling
Joint Company Secretaries
28 January 2010