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Increase In Issued And Paid-Up Capital Of Subsidiary

The Board of Directors of HLN Technologies Limited (the "Company") refers to the announcement made on 20 March 2007 and is pleased to announce the completion of the further subscription by HLN Micron Pte. Ltd. ("HLN Micron") and Mr Chou Yung-Huei ("PC") in HLN Metal Centre Pte. Ltd. ("HMC") for the increase in capital from S$1,350,000 to S$2,000,000.

HLN Micron and PC have today subscribed for 357,500 and 292,500 new ordinary shares in the capital of HMC respectively. Following thereon, HMC has an issued and paid up capital of S$2,000,000. There is no change in the percentage of equity held in HMC by HLN Micron.


By order of the Board



Wa Kok Liang
Director