REX INTERNATIONAL HOLDING LIMITED

BUSINESS OVERVIEW
Rex International Holding Limited (Rex) is an independent oil and gas exploration and production (E&P) company with its access to a set of proprietary and innovative exploration technologies (Rex Technologies). Rex Technologies mitigates exploration risks by increasing the possibility of discovering hydrocarbon reserves, thereby enabling a shorter exploration process and lower costs. Mainly because of the use of Rex Technologies, we have been successful in procuring concessions located in the Middle East, licences in Norway and participating interests in the USA. Our concessions are located in areas where there are known reservoirs of oil and gas. We co-operate with several partners in the development, management and operation of our concessions and licences.

REX VIRTUAL DRILLING

REX SEEPAGE

REX GRAVITY

REX TECHNOLOGIES
 Developed by the founders of Rex Partners Ltd, Dr Karl Lidgren and Mr Hans Lidgren  Rex Virtual Drilling showed 100% accuracy in its predictions in 18 external tests conducted worldwide over the last 24 months  Worldwide success ratios in exploration drilling using Rex Technologies is estimated to be in excess of 50%, much higher than the estimated average worldwide and industry-wide exploration success ratio of 10% to 15%  Believe that there are no directly comparable E&P companies with the same scale of operations and technical capabilities as us

REX TECHNOLOGIES Rex Gravity

APPLICATION To detect possible hydrocarbon accumulations through use of satellite altimetry and bathymetry to map out hydrocarbon prospects To verify hydrocarbon presence at sea surface through the use of thermal imagery satellite information To detect liquid hydrocarbon accumulations using seismic data interpretation techniques

ADVANTAGES OVER TRADITIONAL TECHNOLOGIES  Able to accurately visualise and predict the location of liquid hydrocarbons in the sub-terrain  Significantly reduces need for exploration and appraisal drilling

Rex Seepage

Rex Virtual Drilling

Increased probability of finding oil Shorter exploration process Significantly reduced risks and costs

NORWAY 4 OFFSHORE LICENCES

UAE RAK NORTH OFFSHORE RAK ONSHORE SHARJAH OFFSHORE

CONTRACT AREAS
We hold rights to explore an aggregate area of approximately 21,954 sq km in our Middle East Concessions, Norwegian Licences and US Concessions.  Our Middle East and Norwegian operations are carried out by Lime Petroleum Plc (Lime), our subsidiary in which we hold a 65% interest  In the Middle East, Lime holds between 59% and 100% of four different concessions in the UAE and the Sultanate of Oman  In Norway, it holds between 5% to 12.5% in four different licences on the Norwegian Continental Shelf  We are also entitled to a profit-sharing participation of 20% interest in the exploration and production of the US Concessions and share in the benefits and liabilities of the US Concessions through our ownership of a 24% equity interest in Fram Exploration ASA (Fram) which owns the US Concessions

USA PARTNERS IN 2 LARGE LEASE AREAS: COLORADO AND NORTH DAKOTA

OMAN OFFSHORE BLOCK 50

1) Pursuant to an agreement between Lime Petroleum Norway AS (Lime Petroleum Norway) and North Energy ASA (North Energy). North Energy assigned the relevant participating interests in six Norwegian Licences to Lime Petroleum Norway for a consideration of NOK 28,233,000 (approximately US$4.9 million). Lime Petroleum Norway intends to replace two of these licences in or around June or July 2013 with another two concessions of equivalent size. As such, the two licences are not reflected in the diagram above.

OUR POSITION IN THE E&P VALUE CHAIN

Most of our concessions are in the exploration phase, which typically has a higher growth in value when discoveries of resources are made.
$/BOE, RISKED PROSPECTIVE RESOURCES CONTINGENT RESOURCES USA UAE/OMAN/NORWAY RESERVES

*Plan for Development and Operation

1 2 3 LICENSE AWARD EXPLOR.

4 DISCOV.

5 DEVEL.

6 PDO*

8 9 CONSTRUCTION

10 11 FIRST OIL

12 13 PRODUCTION

14

15

YEAR

Oil reserves and contingent resources for the US Concessions attributable to Rex (based on the Independent Geologists Report):  17.2 MMBbl of net oil reserves comprising 4.1 MMBbl of 1P reserves , 5.7 MMBbl of 2P reserves and 7.4 MMBbl of 3P reserves (Colorado Concession)  0.223 MMBbl of contingent resources comprising 0.044 MMBbl of 1C resources, 0.074 MMBbl of 2C resources and 0.105 MMBbl of 3C resources (North Dakota Concession)

REX INTERNATIONAL HOLDING LIMITED

COMPETITIVE STRENGTHS
1.Concessions are located in politically stable countries with well-developed oil and gas infrastructures, reducing risk to our operations and allowing us to benefit from significant cost savings 2.Our geologically diversified portfolio minimises dependence on a single asset or a single jurisdiction 3. Smaller financial commitments  Norway: Supported by the Norwegian petroleum fiscal system with reimbursement of 78% of exploration expenses every year regardless of success in finding oil  Middle East: Lime has raised approximately US$90 million to be used towards exploration activities for the Middle East Concession  USA: Minimal additional financial commitments due to our partner ship with Fram and Loyz Oil Pte. Ltd. (Loyz Oil) 4. Large equity stakes to explore areas with known reservoirs of oil and gas 5. Access to Rex Technologies to assess areas for exploration  Mitigates exploration risks by increasing the probability of discovery, reducing exploration time and lowering costs involved in the exploration process  Leverage on access to Rex Technologies to negotiate new transactions at favourable terms and acquire equity stakes in various concessions  Enhance overall efficiency of the exploration and development process 6. Strong partnerships with our strategic partners Fram and Loyz Oil (for US Concessions), Hibiscus Petroleum Berhad and PETROCI HOLDING (for our Middle East Concessions and Norwegian Licences), and North Energy (for Norwegian Licences) 7. Strong and experienced team  Members of our Groups management teams have experience typically ranging from 20 years to 30 years  Possess extensive experience in the oil and gas industry

BUSINESS STRATEGIES
1. Strengthen position as a leading independent E&P company  Intend to carry out more exploration work to identify new resources and continue to build and strengthen market position 2. Increase value through seeking new concessions and/or licences  To focus on acquiring under-evaluated and under-valued concessions in geographically independent jurisdictions with favourable fiscal regimes  To seek new concessions and/or licences where initial seismic data is already available in order to generate greater cost and time savings 3. Partial farm-out of ownership in concessions and/or licences to new partners  Lower our risk profile and enable us to obtain additional funding while keeping debt level low  Consider spinning-off mature assets 4. Expansion through acquisitions of concessions and/or licences with potential value across the exploration and production process; and entry into strategic partnerships with strong corporations that can benefit the Group

FUTURE PLANS
To leverage our access to Rex Technologies to identify assets and obtain opportunities for expansion: USA
Plan for exploration and development of wells Total number of planned wells 2013 30 2014 40 2015 10 TOTAL 80

 Drill 80 wells within 24 months commencing from 7 May 2013 with an expected capital expenditure of US$18.4 million  Simultaneously looking into other potential opportunities in the US and the Caribbean, where Fram has operations MIDDLE EAST
Plan for drilling exploratory wells Block 50 Oman RAK North Offshore Sharjah RAK Onshore 2013 2 1 (1H) 1 (1H) 1 (2H) 2014

NORWAY  Continue to participate in the screening of potential licences in partnership with North Energy  Plans to apply for a further eight (8) to 12 licences by the end of 2013, with the first well expected to be drilled in 2014  Plans to participate in the drilling of three (3) to five (5) new offshore wells within the next 18 months WESTERN EUROPE  Plans to grow presence there with a particular focus on the United Kingdom and Germany, both of which have a long tradition of oil production ASIA-PACIFIC  Started screening potential drilling locations in mature field and exploration opportunities in Malaysia, Australia, New Zealand, Cambodia, Vietnam, Myanmar and the Philippines  Expecting to secure interests in five (5) to six (6) licences in the next 18 months as the result of a large seismic data screening process during 2013 and 2014  Expecting considerable growth in concession portfolio over the next 18 months

 Plans for exploratory drilling in place for 2013 and 2014  Plans to farm-out part of our equity in certain of our companies holding the Middle East Concessions in turn for funding for further drilling  Foresee additional capital expenditure for the drilling of more wells and the development of new opportunities

FINANCIAL PERFORMANCE
 No revenue generated by the Group for the Financial Period from 10 June 2011 to 31 December 2011 (FP2011) and the Financial Year ended 31 December 2012 (FY2012) as we have not yet commenced production  Reported an operating profit of US$1.8 million in FP2011 and an operating loss of US$1.2 million in FY2012

Rex International Holding Limited I Co. Reg. No. 201301242M I 6 Raffles Quay #20-07 Singapore 048580 I www.rexih.com
The information in this fact sheet does not constitute an offer or invitation to subscribe for any securities in Rex International Holding Limited (the Company), and this fact sheet shall not form the basis of any contract or commitment whatsoever. Any offer of securities will be made in or accompanied by a final offer document registered by the Singapore Exchange Securities Trading Limited acting as agent on behalf of the Monetary Authority of Singapore and issued by the Company (the Offer Document), which may or may not occur. Any deci sion to subscribe for securities in the Company must be made solely on the basis of information contained in the Offer Document and no reliance should be placed on any information other than that contained in the Offer Document. Anyone wishing to subscribe for shares in the Company will need to make an application in the manner set out in the Offer Document.