Darco Water Technologies Limited acquired remaining 2.05% stake in Darco Engineering (Taiwan) Co., Ltd. from Chen Jian Tang for TWD 0.5 million on January 8, 2013. In a related transaction, Chen Jian Tang agreed to acquire WLF Industrial Co. Ltd. from Darco Engineering (Taiwan) Co., Ltd. for TWD 0.5 million on January 8, 2013. As a result of the transaction Darco Water holds 100% stake in Darco Engineering. Darco Water Technologies does not expect this restructuring exercise to have any material impact on the financial position of the company for the financial year ending December 31, 2012.

Darco Water Technologies Limited completed the acquisition of remaining 2.05% stake in Darco Engineering (Taiwan) Co., Ltd. from Chen Jian Tang on January 8, 2013.