We refer to the announcements dated 28 December 2016, 26 January 2017, 17 February 2017, 2 March 2017, 3 March 2017 and 8 March 2017 ("Announcements"). Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the Announcements.

On behalf of the Board of Directors of SCIB, IPS, wishes to announce that the parties to the SSA had via a letter of agreement dated 28 March 2017, agreed to extend the cut-off date for fulfillment of all the Conditions Precedent for Tranche 1 and all the Conditions Precedent for Tranche 2 for a further two (2) months from the date of the letter of agreement.  

This announcement is dated 29 March 2017.