Investors

Sale Of Interest In Solutions Exchange Inc.

The Board of Directors of CSE Global Limited ("CSE") wishes to announce that CSE-Infotech Limited ("CSE Infotech"), a wholly-owned subsidiary of CSE, has sold its entire interest of 34.5% in Solutions Exchange Inc. ("SXI") for a cash consideration of Philippines Peso 1,363,440, (approximately S$41,000). After the sale, CSE will cease to be a shareholder of SXI.

The consideration for the sale of shares in SXI was arrived at on a willing-buyer willing-seller basis based on current year performance and CSE's share of net tangible asset value of SXI as at 31 December 2007 of approximately S$80,000.

The above transaction is not expected to have any material impact on the net earnings per share and net tangible assets per share of CSE for the financial year ending 31 December 2008.

None of the Directors or controlling shareholders of CSE has any interest, direct or indirect, in the abovementioned transaction.

This is a non-disclosable transaction under Chapter 10 of the Stock Exchange Securities Trading Limited Listing Manual.


By Order Of The Board

Tan San-Ju
Company Secretary