Contents :

We refer to your letter dated 24 September 2003 (ref: MA-030924-67851) regarding the abovementioned matter.

Pursuant to Paragraph 9.11 of the Listing Requirements, we hereby confirm that:-

1. save for the announcement made on 17 September 2003 (CU-030917-36762) which is attached herewith, there is no material development in the Company's business and affairs not previously disclosed;

2. we have no knowledge of any information that would account for the unusual market activity.

Query Letter Contents :

We draw your attention to the sharp increase in price and 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



CH'NG BOON HUAT
Development and Sector Head
Listing Compliance
CBH/zk.