Contents :

We refer to the Exchange's letter dated 20.04.2001 in respect of the article entitled " Ajiya confident of RM100 million turnover" that appeared in The Star dated 20.04.2001.

On behalf of the Board of Ajiya Berhad, we wishes to clarify the following:

1. As stated in the abovesaid article, the Group is optimistic of achieving RM100 million in turnover in light of the 28.27% increase in consolidated turnover for the financial year ended 30 November 2000 of RM94 million from RM73.28 million in the previous financial year.

The consolidated turnover on RM100 million for the financial year ending 30 November 2001 represents an increase of 6.38% from the previous financial year.

2. Based on the quarterly announcement dated 20 April 2001, the consolidated Group turnover for the 1st quarter ended 28 February 2001 was approximately RM23 million representing an increase of 9.66 % from the corresponding quarter for the preceding financial year.

Hence, the statement was made on the Group's internal budget and taking into consideration, amongst others, the Group's past performance trends.

Query Letter Contents :

We refer to the above news article appearing in The Star, Business Section,
Page 5, on Friday, 20 April 2001, 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:-
" Ajiya Berhad is optimistic of achieving a RM100mil turnover for the current
year ending November,..........."
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 article and in particular the underlined
sentence after due and diligent enquiry with all the directors, substantial
shareholders and all such persons reasonably familiar with the matter 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, including the relevant basis and assumptions in arriving at
the above forecast.
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
TYE/ASL/nz
copy to:- Securities Commission (via fax)