MULPHA - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q : 55974 OF 2010

RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 1,526,559,774 NEW ORDINARY SHARES OF RM0.50 EACH (“SHARES”) IN MULPHA INTERNATIONAL BHD (“MULPHA”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING SHARE HELD IN MULPHA AS AT 5.00 P.M. ON 24 FEBRUARY 2010, OF WHICH THE FIRST CALL OF RM0.40 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.10 PER RIGHTS SHARE IS TO BE CAPITALISED FROM MULPHA’S SHARE PREMIUM ACCOUNT (“RIGHTS ISSUE”).

Kindly be advised of the following :

1) The Rights commence of trading : [ 25 February 2010 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 1 March 2010 ]

3) The last day and time for Acceptance, Renunciation and Payment :
[ 12 March 2010 @ 5:00pm ]

4) The Rights cease quotation : [ 5 March 2010 ]

The Stock Short Name, Number and ISIN Code [ MULPHA-OR, 3905OR and MYL3905OR009 ] respectively