Publication of PUCF Circular

14 December 2015

Resource Holding Management Limited

("RHM" or the "Company")

Publication of PUCF Circular

Further to the announcements made by the Company dated 11 December 2015, 9 December 2015, 6 November 2015, 28 October 2015, 12 October 2015, 11 September 2015 and 10 August 2015 regarding the proposal by PUCF Founder (MSC) Berhad ("PUCF") to conduct, inter alia, a rights issue of three year 4% irredeemable convertible unsecured loan stock ("ICULS") with warrants (collectively the "Proposed PUCF Rights Issue"), the Board of RHM (AIM:RHM) notes the announcement made today by PUCF.

RHM's wholly-owned subsidiary, RedHot Media International Limited ("RMIL"), currently holds 443,168,402 ordinary shares in PUCF, which represents 41.58% of PUCF's issued share capital, and 36,215,840 warrants to subscribe for new PUCF shares.

Today's announcement by PUCF is in respect of the publication and posting of a circular today by PUCF to PUCF's shareholders (the "PUCF Circular"), which is part of the process for the Proposed PUCF Rights Issue. PUCF has convened an extraordinary general meeting of PUCF shareholders in Malaysia on 29 December 2015 (the "PUCF EGM"). The Proposed PUCF Rights Issue will require the publication of an abridged prospectus in Malaysia after the PUCF EGM. It is currently estimated that the timeframe for the completion of the transaction will be Q1 2016.

The full PUCF Circular can be accessed via the following link:

http://www.rns-pdf.londonstockexchange.com/rns/9151I_-2015-12-14.pdf

RHM will make further announcements in respect of the Proposed PUCF Rights Issue as appropriate.

For further information please contact: