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COMMUNIQUÉ - Swan General Ltd ( Previously Swan Insurance Company Limited )
21 May 2015

The Board of Directors (“Board”) of Swan General Ltd (“the Company”) wishes to inform its shareholders and the public in general that the Company has expressed, jointly with CIEL Healthcare Limited (a subsidiary of CIEL Ltd) and The Medical & Surgical Centre Limited, its interest for the proposed acquisition of the business of British American Hospitals Enterprise Ltd (Apollo Bramwell) (“Expression of Interest”), following an invitation by the Special Administrators of BAI Co (Mtius) Ltd and related entities (“Special Administrators”).

The Expression of Interest is non-binding. If retained by the Special Administrators, the above companies will consider making a formal offer, following due diligences, corporate and regulatory approvals.

Further to several press articles, Swan General Ltd reminds its shareholders and the public in general, that they should only rely on official communiqués issued by its Board, pursuant to the Listing Rules of the Stock Exchange of Mauritius Ltd, for their respective investment decisions.



By order of the Board

Jaiyansing Soobah
for Swan Corporate Affairs Ltd
Company Secretary

20 May 2015

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COMMUNIQUÉ - Swan General Ltd ( Previously Swan Insurance Company Limited )
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