Interim Dividend and Notice of GM

RapidCloud International Plc

("RapidCloud", the "Company" or the "Group")

Interim Dividend, Reverse Scrip Dividend Scheme and Notice of GM

RapidCloud International plc (AIM:RCI), the computing services, web-hosting and web-solutions provider based in Southeast Asia, is pleased to announce a proposed interim dividend of £0.0067 per share. In addition, the Company intends to implement a scheme to allow Shareholders to elect to receive their dividends, both now and for the next five years, in either cash or shares in the Company. This will implemented by way of a Reverse Scrip Dividend scheme.

Consequently, the Company has today posted to Shareholders of the Company a circular and notice of General Meeting (together the "Circular"), to be held at 4 p.m. MY / 8 a.m. BST on 18 November 2015 at the offices of RapidCloud International Plc at B-9-9, Capital 2, Oasis Square, No.2, Jalan PJU 1A/7A, Ara Damansara, 47301 Petaling Jaya, Selangor, Malaysia.

The General Meeting has been called to ask Shareholders to approve the payment of the interim dividend of £0.0067 per Ordinary Share for the financial period ended 31 December 2014, and to ask Shareholders to approve the implementation of the Reverse Scrip Dividend Scheme, whereby Shareholders will by default receive new Ordinary Shares credited as fully paid instead of cash, in respect of all dividends offered by the Company for the duration of the scheme. If Shareholders wish to instead receive their dividends as cash, they should submit a Cash Dividend Election form as explained in the Circular.

Raymond Chee, the Company's Managing Director, commented:

"I am delighted that the Company is paying a dividend and offering this through way of a reverse scrip dividend scheme. This scheme gives our shareholders the opportunity to choose their preferred method of receiving the dividend, allowing shareholders to meet their own objectives. The portion of the dividend that is taken by our shareholders via scrip will preserve cash for the Company, which will be used to continue the Company's growth and expansion.

"I also understand that all Directors who are shareholders (representing approximately 55% of the issued share capital) will be electing to take their dividend as scrip rather than cash."

A copy of the Circular will be made available on the Company's website later today.

The timetable for the proposed Reverse Scrip Dividend Scheme is as follows:

CONTACTS

For further information, please visit www.rapidcloudasia.com