Cut loss or keep it?

if you buy at $0.48, after getting the rights and subscribe at $0.16, your cost becomes $0.416/share.

Created by JULIANA SENG CHIN YIN/OPS/SGX on 04/28/2006 10:10 AM


Members' Circular on Listings Matters
Circular No. LM/1300/2006

Subject MEDIARING LTD
: Renounceable non-underwritten rights issue of up to 245,620,591
new ordinary shares ("Rights Shares") at an issue price of
S$0.16 for each Rights Share, on the basis of one (1) Rights
Share for every four (4) existing ordinary shares held ("Rights
Issue")

From : Vice President, Market Control

Date : 04/28/2006




Please note the following: -
|--+----------------------------------+-+--------------------------------|
|1.| "Cum-Rights" period in the Ready |:|28 April 2006 to 10 May 2006 |
| | and Unit Share Markets | | |
|--+----------------------------------+-+--------------------------------|
|2.| "Ex-Rights" period in the Ready |:|11 May 2006 to 16 May 2006 |
| | and Unit Share Markets | | |
|--+----------------------------------+-+--------------------------------|
|3.| Record Date |:|16 May 2006 (5.00 p.m.) |
|--+----------------------------------+-+--------------------------------|
|4.| Last day for Buying-In on a Cum |:|17 May 2006 |
| | basis unless extended by the | | |
| | Exchange | | |
|--+----------------------------------+-+--------------------------------|
|5.| Shares are good for delivery for |:|10 May 2006 |
| | sales on a Cum basis in the | | |
| | Buying-In Market if the shares | | |
| | are purchased on or before | | |
|--+----------------------------------+-+--------------------------------|



SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Company Reg No.197300970D