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The Board of Directors of MRCB is pleased to annouce that Syarikat Prasarana Negara Berhad (“SPNB”) via its letter dated 15 August 2011 has awarded MRCB Engineering Sdn Bhd, a wholly-owned subsidiary of MRCB, the contract for the construction and completion of facilities works including fabrication and delivery of segmental box girders (Package B) for the Ampang line extension project. The lump sum contract worth about RM1.33 billion is for a construction period of 30 months from the Date of Possession of Site.

In a separate letter of even date, SPNB has awarded MESB, the sub-contract for the fabrication and delivery of segmental box girders (Package B) for the Kelana Jaya line extension project. MESB is a nominated sub-contractor to Sunway Construction Sdn Bhd for the sub-contract worth RM67.2 million. The construction period for the works is 20 months from Commencement Date which is defined as anytime within 14 days from the Notice to Proceed.

The Board is of the opinion that the contracts will contribute positively to the future earnings of the Group.

None of the Directors, substantial shareholders and/or persons connected with a Director or a substantial shareholder of the Company, have any interest, direct or indirect, in the contracts.