NSL Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported profit before taxation of SGD 16,685,000 and profit attributable to equity holders of the company of SGD 14,521,000 or 3.89 cents per basic and diluted share on sales of SGD 112,969,000 against profit before taxation of SGD 20,606,000 and profit attributable to equity holders of the company of SGD 17,724,000 or 4.74 cents per basic and diluted share on sales of SGD 95,521,000 a year ago period. Net cash used in operating activities was SGD 5,233,000 against net cash generated from operating activities of SGD 3,337,000 a year ago. Purchases of property, plant and equipment was SGD 5,238,000 against SGD 6,392,000 a year ago period. Purchases of intangible assets were SGD 156,000 against SGD 83,000 a year ago period. Net asset value per ordinary share based on total number of issued shares excluding treasury shares as at the end of the reporting period March 31, 2013 was SGD 1.61. The 18% year-on­-year increase in turnover was driven by strong revenue growth in both the Construction Products and Engineering divisions, partially offset by lower sales in the Chemicals division.

NSL Ltd. declared one tier tax exempt final dividend of SGD 0.10 per ordinary share for the fiscal year 2012 compared to SGD 0.10 per ordinary share for the fiscal year 2011. Subject to the requisite approvals from shareholders at the annual general meeting of the company to be held on or about April 24, 2013, the dividend of SGD 0.10 per ordinary share will be paid on or about May 22, 2013 to the shareholders of record as on May 6, 2013.

NSL Ltd., Annual General Meeting, Apr 24, 2013., at 14:00 Singapore Standard Time. Location: Bridge Rooms 1, 2 and 3, Raffles Marina. Agenda: To receive and adopt the Directors' report and the audited financial statements for the financial year ended December 31, 2012 together with the Independent Auditor's report thereon; to re-elect the Directors; to re-appoint Prof Cham Tao Soon, as a Director of the company; to approve the payment of Directors' fees of SGD 510,000.00 for the financial year ended December 31, 2012; to declare a final dividend; to re-appoint Messrs PricewaterhouseCoopers LLP as the company's Independent Auditor and to authorise the Directors to fix their remuneration; to consider the issue shares of the company whether by way of rights, bonus or otherwise; and to transact any other ordinary business which may be properly be transacted at an Annual General Meeting.