ST Aerospace injects capital into STA Engines

Singapore, 14 June 2013 ? ST Aerospace announced today that it has injected
an additional $62,945,000 into the capital of its wholly owned subsidiary,
ST Aerospace Engines Pte Ltd (STA Engines). This brings ST Aerospace’s
total share capital contribution in STA Engines to $117,945,000.

The capital injection was effected through a conversion of loans totalling
US$50m (about S$62.95m) previously extended by ST Aerospace to STA Engines.
The loan was part of the funding to support the expansion of engine total
support business.

The capital injection is not expected to have any material impact on the
consolidated net tangible assets per share and earnings per share of ST
Engineering for the current financial year.