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Transfer From SGX SESDAQ To SGX Mainboard (The "Transfer")

BackJan 10, 2008

The Board of Directors of HLN Technologies Limited (the "Company") is pleased to announce that the Singapore Exchange Securities Trading Limited ("SGX-ST") has on 10 January 2008 granted its in-principle approval of the Company's application for the transfer of its listing from the SGX SESDAQ to the SGX Mainboard.

The effective date of the listing will be announced at a later date.

The listing will have no effect on the financial position of the Company and its subsidiaries.

The approval in-principle of the SGX-ST is not to be taken as an indication of the merits of the Transfer, the Company or its subsidiaries or their securities.


BY ORDER OF THE BOARD



Wa Kok Liang
Executive Director
10 January 2008