Cosmosteel Holdings Ltd. proposed to declared a final dividend of 1.25 cents per ordinary share for the financial year ended September 30, 2012 in the annual general meeting held on January 23, 2013. The share transfer books and register of members of the company will be closed on March 1, 2013 for determining the shareholders' entitlements to the proposed final dividends. The proposed final dividends, if approved by shareholders at the Annual General Meeting of the Company, will be paid on March 14, 2013.