The Directors of First Mutual Holdings Limited (“FMHL”) wish to advise shareholders and other stakeholders that the Company is contemplating the acquisition of a controlling interest in a company in the insurance sector. This transaction, whose further details will be made available in a circular to be published by FMHL in due course, is subject to shareholder and regulatory approval.

Shareholders and the investing public are thus advised to exercise caution and to consult their professional advisors when dealing in FMHL shares.

By order of the Board
(14 June 2017)

Sheila F. Lorimer
Company Secretary

First Mutual Holdings Limited