Pursuant to Paragraph 9.21 of the Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements"), we wish to inform Bursa Malaysia Securities Berhad that the aggregate purchases consideration of quoted securities by PacificMas Group [excluding transactions by the insurance subsidiary pursuant to Paragraph 9.21(2)(b) of the Listing Requirements] within the preceding 12 months, i.e. from 1 August 2006 to 31 July 2007, has exceeded 5% of PacificMas Group's net assets as at 31 December 2006.

The aggregate purchases and sales consideration by PacificMas Group (excluding the insurance subsidiary) within the preceding 12 months were as follows:

As at 3 August 2007, the investments in quoted securities held by PacificMas Group (excluding the insurance subsidiary) are set out below :-

i) Total cost : RM31.13 million
ii) Carrying/Book Value : RM31.13 million
iii) Market Value : RM31.93 million

Total profit from sales of quoted securities by PacificMas Group (excluding the insurance subsidiary) during the current financial year from 1 January 2007 to 31 July 2007 amounted to RM2.85 million.