PRESS RELEASE

SGX-CATALIST EMS ENERGY WINS US$36 MILLION ORDER OF DRILLING MODULES FOR TENDER RIG; POTENTIAL FOR TWO MORE COULD LIFT TOTAL ORDER TO US$108 MILLION
Singapore, 24 September 2013 EMS Energy Limited (EMS or the Group) announced today that its wholly-owned subsidiary, EMS Energy Solutions Pte Ltd (EES) has secured from its major shareholder, Koastal Industries Pte Ltd (Koastal), a contract worth US$36 million to build a Derrick Equipment Set (DES), complete with full drilling equipment, for an offshore tender assisted drilling rig, commonly known as tender rig, and expects to secure two more DES of similar value over the next few months. EES will deliver the first DES for the tender rig, over 18 months to Koastal for a China state-owned Shipyard (Shipyard). The Project is the largest that EES has secured to date. The first contract will potentially lead to two more contracts from Koastal at approximately the same value, for the supply and construction of like-sized DES. If the latter two are confirmed, the total order size for EES from Koastal will amount to US$108 million. Koastal, which provides engineering, procurement and construction management (EPCM) for offshore projects, has previously outsourced to EES major equipment supplies projects for Pipelay and Anchor Handling Tug Supply vessel EPCM projects that it had secured from other customers. EES will manufacture and deliver the DES in accordance to the American Petroleum Institute (API) standard for offshore rigs. The tender rig with modular DES allows drilling to be carried out on a fixed wellhead platform without a permanently installed drilling package. It costs less than conventional drilling rigs and offers more flexibility. The tender is moored to the side of the platform before cranes lift the modular DES on to the platform where they are assembled.

Figure: Artists impression of the Derrick Equipment Set

As a DES builder and integrator, EES will be responsible for the turnkey project from design, fabrication, interconnection of hoses and electrical and communication cables to final commissioning. EES plans to utilise drilling equipment from a world-class supplier for the DES. The DES is expected to weigh approximately 740 metric tonnes, with each module not exceeding 200 metric tonnes, optimised for fast and safe assembly offshore. Executive Chairman and CEO of EMS, Mr. Ting Teck Jin, said, The first DES contract is a strategic and landmark development which not only underscores EMS engineering capabilities but also positions the Group for bigger and

higher-margin projects going forward. EMS intends to pursue several other similar opportunities at the moment, as drilling activities is in great demand. EMS Energy is honoured to bring our relationship with Koastal to the next level. We look forward to more opportunities to work with Koastal and to improve our value-added services to our customers. With this first DES project secured, the Groups order book has increased to approximately S$67.8 million from S$18.4 million as announced in August 2013. EMS expects to begin financial recognition of the first DES from 4Q2013, with the bulk of the contributions and positive financial impact kicking in from FY2014. End -

Media & Investor Contact Information Xprexo Networks Pte Ltd Yap Chou Hur, yapch@xprexo.net Tel: (65) 6532 7051 EMS Energy Limited Haze Zhang, haze@emsenergy.com.sg Tel: (65) 6861 2722 About EMS Energy Limited Listed in 2003, EMS Energy Limited is an established provider of engineering solutions for the marine, oil and gas industries. Established in 1977, EMS Energy designs, manufactures and installs engineering solutions and products such as drilling and well intervention systems, deck machineries, offshore cranes, and other mechanical load handling systems. In addition, it also offers its customers aftermarket services such as commissioning, inspection, training, conversion, retrofitting, maintenance, repair a nd overhaul as well as spare parts procurement. With its track record, experience and expertise along with certifications from the American Petroleum Institute, EMS Energy serves customers across China, Europe, India, Indonesia, Malaysia, Russia, Singapore, South Africa, Thailand, United Arab Emirates, United States, and Vietnam. More information on EMS Energy is available at www.emsenergy.com.sg This announcement has been prepared by the Company and reviewed by the Companys sponsor, CNP Compliance Pte. Ltd.(Sponsor), for compliance with the Singapore Exchange Securities Trading Limited (SGX -ST) Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement including the accuracy or completeness of any of the information disclosed or the correctness of any of the statements or opinions made or reports contained in this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is:Name Address Tel/ email : Mr. Thomas Lam : 36 Carpenter Street, Singapore 059915 : +65 6323 8383 / tlam@cnplaw.com