General Announcement::Announcement Pursuant to Rule 704(16)(b) of The Catalist Rules

RE&S HOLDINGS LIMITED

(Company Registration No: 201714588N)

(Incorporated in the Republic of Singapore)

ANNOUNCEMENT PURSUANT TO RULE 704(16)(B) OF THE LISTING MANUAL SECTION B: RULES OF THE CATALIST OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED (THE "CATALIST RULES")

The Board of Directors ("Directors") of RE&S Holdings Limited (the "Company" or together with its subsidiaries, the "Group") wishes to announce that pursuant to Rule 704(16)(b) of the Catalist Rules, the Group's aggregate cost of investment in quoted securities is as follows:

						Before Acquisition	After Acquisition
Aggregate cost of the Group's	1,805(1)	1,935(2)
quoted investments（S$'000）
Aggregate cost of the Group's
quoted	investments	as	a
percentage	of	the	Group's	4.96%	5.32%
latest	audited	net	tangible
assets as at 30 June 2021
Total market value of the
Group's quoted	investments(3)	1,801	1,932
(S$'000)
Amount	of	provision	for
diminution	in	value	of	the	-	-
Group's quoted investments
Audited		consolidated	net
tangible assets of the Group as	36,367	36,367
at 30 June 2021 (S$'000)

Notes：

1. Aggregate cost before 10am on 25 November 2021.
2. The increase in the Group's quoted investments was due to the purchase of some quoted securities as at 5pm on 25 November 2021.
3. As at 5pm on 25 November 2021.

For and on behalf of the Board:

Foo Kah Lee

Executive Director and CEO

25 November 2021

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, [e-mail].