First Day of Dealings

Kenetics Group Limited 18 August 2006 For Immediate Release 18 August 2006 Kenetics Group Limited ('Kenetics', the 'Group' or the 'Company') INTRODUCTION TO TRADING ON THE AIM MARKET OF THE LONDON STOCK EXCHANGE Kenetics who provide customised and bespoke solutions, products and systems to customers through a combination of RFID, wireless technologies and IT systems is pleased to announce that its shares will be listing on the AIM market of the London Stock Exchange today and trading will begin at 0800hrs under the ticker symbol KEN and with a market capitalisation of £9 million. Kenetics is dedicated to delivering innovative solutions, products and systems to customers through a combination of RFID, wireless technologies and IT systems for diversified applications that include security management, enforcement and data management. Key Information: • The Group has three main business divisions providing both hardware and software as a 'one-stop solution' for customers, allowing them to identify, track and manage their resources. The divisions are supported by in-house prototyping, manufacturing and testing facilities. • Since incorporation in 2001 Kenetics has successfully completed more than seven large-scale projects in different market sectors, including homeland security, law enforcement, healthcare, livestock and library management, in Australia, China, Singapore and other countries. These customers include large multi-national semiconductor giants, government agencies and security organisations. • Kenetics has been profitable and without debt since 2002. In the year ended 31 December 2005 the Group achieved turnover of £0.9 million and profit before tax of £0.3 million. • The Group's admission to AIM will allow access to the UK and European capital markets to enable the Group to fund the further development of its business. • The Group currently has four main applications for its products which have been sold globally. These are: (i.) Kenetics Electronic Livestock Management System for e-farming, addressing the livestock management market needs to implement better tracking systems. Initially launched in January 2004, now successfully operating in 11 farms comprising a total of about 50,000 cattle. (ii.) Access Control System, in November 2005 Kenetics designed and installed a high volume non-intrusive RFID based access control system in the Beijing Congress Assembly building in the People's Republic of China allowing real-time facial recognition. (iii.) Bio-Hazardous Laundry Tagging, prompted by a requirement by the Singapore Contagious Disease Centre to manage its bio-hazardous laundry Kenetics developed a RFID system for tagging laundry in response to growing demand for applications in the healthcare and pharmaceutical industries. (iv.) Kenetics Efficient Library System, designed for the library management market allowing self check in/out, efficient shelf management, location of misplaced books and general book theft protection. Installed in the Singapore National Library, British Council in Singapore and currently undergoing trials in the British Library in the UK. • Insinger de Beaufort act as Nominated Advisor and Broker to the Company. Commenting on the Introduction to AIM, Ken Wong Chief Executive of Kenetics said; 'Since founding Kenetics, we have made good progress in expanding our products in the Asia Pacific regions, in particular Australia, Japan and China. We have also developed a range of IP Blocks that are now ready for large scale implementation in new markets such as Europe and the US. This initial introduction to AIM will provide us with the quoted currency required to expand the Group through a combination of strategic joint ventures, acquisitions and by establishing our own facilities overseas.' For further details Kenetics Group Ltd Tel: +65 6749 0083 Ken Wong, Chief Executive Buchanan Communications Tel: +44 (0)20 7466 5000 Tim Thompson / James Strong Insinger de Beaufort Tel: +44 (0)20 7190 7000 Louis Castro / Christopher Caldwell / William Looker Directors, Senior Management and Employees Directors The following are Directors of the Company: Ken Wong Kai En - President & Chief Executive Officer (aged 34) Mr. Wong is the founder of Kenetics. He has been in the smart card and RFID industry for more than 10 years, designing a number of smart card and RFID products. In 1995, Ken joined Stoval Chip Cards as an engineer and was instrumental in growing the company to more than 100 employees within 3 years. He left Stoval as its General Manager in 1999 and set up AmaTech Singapore. As the Managing Director, Ken was exposed to the European and American markets and played a key role in the IPO of AmaTech AG. Ken left AmaTech Singapore in 2001 to start up Kenetics. Hin Yuen Yeong - Chief Operating Officer & Vice President (aged 59) Mr. Yeong joined Kenetics in 2005. He obtained a Bachelor of Mechanical Engineering from the University of Singapore and a Masters in Production Engineering from Aston University in the UK. Mr. Yeong has more than 30 years' experience in a variety of industries and was a member of the Board of the Intellectual Property Office of Singapore and was also a member of the Board of Governors of the IP Academy in Singapore. Sidney Seet Tong Song - Chief Financial Officer (aged 62) Mr. Seet joined Kenetics in March 2006. He has held various senior financial and managerial positions in private companies in both UK and China. Mr. Seet is an Associate Member of the Chartered Institute of Management Accountants (UK) and a Member of the Institute of Certified Public Accountants of Singapore. He also holds an MBA from Aston University, UK. John Lynton Jones - Non-Executive Director (aged 61) Mr. Jones has an extensive background as the chief executive of several exchanges in London, including the International Petroleum Exchange, the OM London Exchange, Jiway and Nasdaq International (whose operations he set up in Europe in the late 1980s). He also ran public affairs for the London Stock Exchange at the time of Big Bang. He spent the first 15 years of his career in the British Diplomatic Service where he became private secretary to a Minister of State and concluded this stage of his career with responsibility for promoting financial services at the British Embassy in Paris. He studied at the University of Wales, Aberystwyth, where he took a first class honours in International Politics. Mr. Jones spent several years as a board member of London's Futures and Options Association and of the London Clearing House. He serves on the panel of City experts created by the Corporation of the City of London and is a non-executive director (and former chairman) of the Dubai International Financial Exchange. Senior Management and Employees Khiam Beng Ow - Head, Engineering (aged 30) Mr. Ow joined Kenetics when the Company was founded in June 2001. He started his career as a product engineer with Stoval Chip Cards in 1998. He left Stoval in 2000 to join AmaTech as a CAD/CAM engineer. Mr. Ow holds a Diploma in Electronics, Computer Communications Engineering. Keh Teng Geok - Head, Systems (aged 28) Mr. Keh graduated from Queensland University of Technology in 2002 with a Bachelor degree in Information Technology (Data Communications). He joined Kenetics in 2002 as a software engineer. Over these four years, he has worked on several of Kenetics' ODM projects such as KELMS and KELibS. The Company has a total of 25 employees excluding Directors. This information is provided by RNS The company news service from the London Stock Exchange
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