Contents :

The Company refers to the Exchange's letter dated 15 December 2003 and wishes to advise that::

1) There is no material development in the Company's business and affairs not previously disclosed to the Exchange;

2) The Company is not aware of any impending change in the major shareholders;

3) The Company has no knowledge of any other reasons to account for the unusual market action; and

4) None of the situation events as Paragraph Paragraph 9.03, 9.04 and 9.07 of the Kuala Lumpur Stock Exchange's Listing Requirements has contributed to the unusual action activities in the Company Shares.

This announcement is dated 16 December 2003.

Query Letter Content:

We draw your attention to the sharp increase in price and high volume in your company's shares recently.

In accordance with paragraph 9.11 of the Exchange's Corporate Disclosure Policy on Response To Unusual Market Activity, you are requested to furnish the Exchange with an announcement for public release after a due enquiry seeking the cause of the unusual market activity in the Company's securities. When considering your response and when making the required announcement, your attention is partucularly drawn to the continuing disclosure requirements set out in Chapter 9 of the KLSE's Listing Requirements.

The announcement is to reach the Exchange within one (1) market day via KLSE Listing Information Network ("KLSE" Link").

Query Letter Contents :

We draw your attention to the sharp increase in price and high volume in your
Company’s shares recently.
In accordance with paragraph 9.11 of the Exchange’s Corporate Disclosure Policy
on Response To Unusual Market Activity, you are requested to furnish the
Exchange with an announcement for public release after a due enquiry seeking
the cause of the unusual market activity in the Company’s securities. When
considering your response and when making the required announcement, your
attention is particularly drawn to the continuing disclosure requirements set
out in Chapter 9 of the KLSE’s Listing Requirements.
The announcement is to reach the Exchange within one (1) market day via KLSE
Listing Information Network
(“KLSE Link”).

Yours faithfully



FUNG RU HUEY
Sector Head
Listing Compliance
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