MILKY MIST DAIRY FOOD LIMITED

IPO Objectives

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company;

2. Financing the capital expenditure requirements in relation to the expansion and modernisation of ourPerundurai Manufacturing Facility;

3. Deployment of visi coolers, ice cream freezers and chocolate coolers; and

4. General corporate purposes.