KINERGY LTD.: DAILY SHARE BUY-BACK NOTICE

Daily Share Buy-Back Notice
* Asterisks denote mandatory information
Name of Announcer *	KINERGY LTD.
Company Registration No.	198800021D
Announcement submitted on behalf of	KINERGY LTD.
Announcement is submitted with respect to *	KINERGY LTD.
Announcement is submitted by *	David Loh
Designation *	CFO/Company Secretary
Date & Time of Broacast	24-May-2012 18:45:23
Announcement No.	00128
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name of Overseas Exchange where Company has Dual Listing (if applicable)	Not Applicable
(A) Share Buy-Back Authority
I. Maximum number of shares authorised for purchase *	12,898,600
(B) Details of Purchases Made
I. Purchases made by way of market acquisition	Yes
If answer to the above question is Yes, please fill in the following:

	Singapore Exchange	Overseas Exchange
1 Date of Purchases	24/05/2012
2a Total number of shares purchased	100,000
2b Number of shares cancelled	0
2c Number of shares held as treasury shares	100,000
3a Price paid per share# or	Currency: S$ Amount: 0.15	Currency: Amount:
3b Highest price per share#	Currency: Amount:	Currency: Amount:
Lowest price per share#	Currency: Amount:	Currency: Amount:
4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency: S$ Amount: 15,087.88	Currency: Amount:
# Specify currency
II. Purchases made by way of off market acquisition on equal access scheme?		No
If answer to the above question is Yes, please fill in the following:
	Singapore Exchange	Overseas Exchange
1 Date of Purchases
2a Total number of shares purchased
2b Number of shares cancelled
2c Number of shares held as treasury shares
3 Price paid or payable per share#	Currency: Amount:	Currency: Amount:
4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency: Amount:	Currency: Amount:
# Specify currency
(C) Cummulative Purchases

	By way of market acquisition		By way of off-market acquisition on equal access scheme		Total
	No.	% (1)	No.	%	No.	%
Cummulative no. of shares purchased to-date (2)	100,000	0.0775			100,000	0.0775
(1) Percentage of company's issued share capital as at the date of the share buy-back resolution
(2) From the date on which the share buy-back mandate is obtained
(D) Number of issued shares after purchase *			128,886,000

Footnotes

As at 27 April 2012, the date on which the resolution for the renewal of the share buyback mandate was passed, the issued share capital of the Company consisted of 128,986,000 ordinary shares (excluding treasury shares). This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, telephone [phone].