Rimbunan Sawit Berhad wishes to announce that the Board of Directors has on 24 March 2017, proposed to seek approval for the Proposed Shareholder Mandate from the shareholders at the Annual General Meeting to be convened at a later date. A Circular to Shareholders in relation to the Proposed Shareholder Mandate is currently being prepared and will be despatched to shareholders at a later date.

This announcement is dated 24 March 2017.