Listed Companies' Announcement

NH CERAMICS LTD

Notice Of Extraordinary General Meeting


NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of the Company will be held at 1 & 3 Tuas Avenue 8 Jurong Industrial Estate Singapore 639217 on the 16th day of August 2002 at 10.00 a.m. for the purpose of considering and, if thought fit, passing with or without any modification, the following resolution which will be proposed as an ordinary resolution:-


"ORDINARY RESOLUTION
APPOINTMENT OF NEW AUDITORS

That Ernst & Young, Certified Public Accountants, Singapore be and are hereby appointed Auditors of the Company in place of the resigning Auditors, Arthur Andersen, to hold office until the conclusion of the next Annual General Meeting, at a remuneration to be agreed between the Directors and Ernst & Young."


By Order of the Board


Louis Pang Nghee Thiam
Company Secretary

Singapore,
Date: 31 July 2002

Explanatory Notes

The current Auditors, Arthur Andersen, have informed the Directors that the majority of their partners and personnel will be joining Ernst & Young. As such, Arthur Andersen have given notice to the Directors of their intention to resign as Auditors of the Company. The Directors would recommend and propose to members the appointment of Ernst & Young as the new Auditors in place of Arthur Andersen at the Extraordinary General Meeting to hold office until the conclusion of the next Annual General Meeting of the Company. Ernst & Young have consented to be appointed as Auditors of the Company. Upon the appointment of Ernst & Young at the Extraordinary General Meeting, Arthur Andersen's resignation as Auditors of the Company will take effect.

Proxies

A member entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote in his stead. A proxy need not be a member of the Company.

An instrument appointing a proxy must be deposited at the Company's registered office at 1 & 3 Tuas Avenue 8 Jurong Industrial Estate Singapore 639217 not less than 48 hours before the time appointed for holding the Meeting.


Submitted by Ricky Paul Goh Moh Chye, Managing Director on 31/07/2002 to the SGX