Asia Water Technology Ltd. (Incorporated in Singapore) (Co. Reg. No: 200210042R)

Purity with Innovation

One Temasek Avenue #37-03

Millenia Tower

Singapore 039192

Tel: (65) 6538 2598 Fax : (65) 6538 2896

ASIA WATER TECHNOLOGY LTD. CLINCHES MOST TRANSPARENT COMPANY RUNNER-UP AWARD FROM SECURITIES INVESTORS ASSOCIATION OF SINGAPORE

The Board of Directors (the "Board") of Asia Water Technology Ltd. (the "Company") is pleased to announce that the Company was presented the Runner-up Award for "Most Transparent Company Award - Catalist Category" (the "Award") at Securities Investors Association of Singapore ("SIAS") 12th Investors' Choice Awards 2011 on 27 October 2011.
Endorsed and supported by important members of the investment community - such as Singapore Exchange Securities Trading Limited, PricewaterhouseCoopers, Singapore Institute of Directors, Institute of Certified Public Accountants of Singapore, The Chartered Financial Analyst Singapore, Investment Management Association of Singapore, The Institute of Internal Auditors Singapore, Singapore Actuarial Society, The Straits Times, The Business Times and Lianhe Zaobao, the Award recognises companies which have enhanced shareholders' value through good corporate governance.
The Board is also pleased to note that the Company has been consecutively presented the
Runner-up Award for "Most Transparent Company Award - Catalist Category" by SIAS from
2008 to 2011.

By Order of the Board

Liu Yujie
Executive Director
27 October 2011
"This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr. Ong Hwee Li (Tel: 65-6221 5590) at 79 Anson
Road #15-03 Singapore 079906."