Pursuant to Paragraph 14.09 of the Main Market Listing Requirements ("LR") of Bursa Malaysia Securities Berhad, Freight Management Holdings Bhd (“FMHB”) wishes to announce that Yang Heng Lam, a Director of FMHB, has given notice of the change in deemed interest in the securities of FMHB, the details of which are as set out in the table below:

Notes:

1. Deemed interest pursuant to Section 134(12)(c) of the Companies Act, 1965.

*Pursuant to Paragraph 14.06(b) of the Main Market LR, the exercise of warrants are exempted from the restrictions or requirements of paragraphs 14.04 and 14.05 of the Main Market LR respectively. Exercise the conversion of warrants to ordinary shares at the pre-determined exercise price of RM0.97 per ordinary share on the basis of one (1) warrant to five (5) ordinary shares.

This announcement is dated 27 May 2016.