Contents :

Further to our response to the Exchange's query dated 2 March 2001 (ref: SW-010302-60706), we wish to provide the Exchange with the following additional information:-

a. In relation to the press statement "....the consortium had agreed to provide 800 billion rupiah (RM328 million) for land acquisition....", we wish to inform that it was discussed that 800 billion rupiah (RM328 million) be provided by the Malaysian consortium for land acqusition and the land cost would form part and parcel of the total project costs.

b. In relation to the press statement "...of which the Malaysian consortium had agreed to boot 1.2 trillion rupiah....", we wish to clarify that the 1.2 trillion rupiah is part of the total project financing cost. The portion to be financed by the Malaysian consortium is still under discussion.

c. In relation to the press statement "The Malaysian investors would own 53 per cent in JLJ....", we wish to inform that the equity participation of the Malaysian consortium in JLJ is currently still under discussion.

Appropriate announcement will be released to the Exchange once the negotiations and terms are finalised.


c.c. Issues and Investment Division
Securities Commission
(Fax No. : 62015213)

Query Letter Contents :

We refer to the above news article appearing in New Straits Times, Business
Section, page 25, on Friday, 2 March 2001, a copy of which is enclosed for your
reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
1. "The Indonesian Bank Restructuring Agency (Ibra) has named a Malaysian
consortium led by DRB-Hicom Bhd as the preferred bidder to take over the
Jakarta Outer Ring Road toll project ..."

2. "... the consortium had agreed to provide 800 billion rupiah (RM328 million)
for land acquisition which was supposed to come from the Government, Syahrial
said."

3. "The Malaysian consortium comprises two subsidiaries of DRB-Hicom -- Perspec
Bhd and Comtrac Bhd ..."

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 sentences 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 sentences or any other part of the above article, you
are required to set forth facts sufficient to clarify any misleading aspects of
the same. In the event you confirm the above sentences or any other part of the
above 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

LISA LAM
Senior Manager, Listing Operations

LL/ASL/SW
cc:Securities Commission (via fax)