Neptune Orient Lines Limited (“NOL”) notes recent media reports and wishes to announce that it and its single largest shareholder, Lentor Investments Pte. Ltd. (“Lentor”) (a wholly-owned subsidiary of Temasek Holdings (Private) Limited), have entered into an exclusivity agreement with CMA CGM S.A. (“CMA CGM”) with respect to a potential acquisition of NOL by way of pre-conditional voluntary general offer (“Offer”). Pursuant to the agreement, NOL and Lentor have granted CMA CGM exclusivity until 11.59 p.m. (Singapore time) on 7 December 2015 to complete customary confirmatory due diligence on NOL and its subsidiaries and negotiate the definitive agreements to be entered into in relation to the Offer. There is no assurance that such negotiation will result in any definitive agreement or transaction or that any offer for NOL will be made. NOL will make an appropriate announcement in the event that there are any material developments. Shareholders of NOL and investors are therefore advised to exercise caution when dealing in shares in and other securities of NOL.