Announcement to Shareholders 24/01/2011


To all Shareholders,

NOTICE IS HEREBY GIVEN that commencing from 24 January 2011, General Magnetics Limited (“the Company”) will continue to provide Shareholders with updates on its progress through its website at http://www.genmag.com.sg. Shareholders are hereby advised to keep track of future announcements by the Company through its website.

Please note that the major shareholders will not be making any offer for minority shares of the Company.  Shareholders may, at their own discretion, trade their shares on a private basis.

For inquiries regarding the above or any other matter, Shareholders may contact us at 63592832 or email to sales@genmag.com.sg.

BY ORDER OF THE BOARD

Kenneth Hor
Company Secretary
24 January 2011


DISCLAIMER:
The information provided in this email is meant for use by the recipient only as an informative. Nothing in this email is intended or should be construed as investment advice. It is intended to be used for informational purposes only.  It does not constitute any offer to Buy or Sell or a solicitation to buy or sell any security. It should not be construed as an investment advice to any party. Neither General Magnetics Limited nor any of its affiliates and/or its business associates and/or its directors and/or its employees accepts any responsibility or liability of whatsoever nature for the information, statements and/or opinion given, made available or expressed herein or for any omission therein. Readers/information receivers using the information contained herein are solely responsible for their actions.