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We are unable to comment on the above statements which we understand from the article in question, to have arisen from “rumour”. Presently, Trans Capital has no intention to sell its shares but if the price is favourable, then we may consider this option in the near future.

We wish to inform the KLSE that TCHB had made an announcement in relation to the listing of Repeater Technologies, Inc. on the NASDAQ National Market of the USA on 10 August 2000 (“The Announcement”) and we wish to also point out that the newspaper report in the Sun contains information which was already made public through The Announcement.

Query Letter Contents :

We refer to the above news article appearing in The Sun, Sun Biz, page 1, on
Monday, 28 August 2000, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence,
which is reproduced as follows:-
"It is Trans Cap's intention to sell its shares in Repeater."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article and in particular the
underlined sentence after due and diligent enquiry with all the directors,
substantial shareholders and all such other persons reasonably familiar with
the matters about which the disclosure is to be made in this respect. In the
event you deny the above sentence or any other part of the above reported
article, you are required to set forth facts sufficient to clarify any
misleading aspects of the same. In the event you confirm the above sentence or
any other part of the above reported article, you are required to set forth
facts sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully

TAN YEW ENG
Senior Manager, Listing Operations

ASL/TYE/NMA
c.c. Securities Commission