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| Pursuant to Paragraph 8.23 of the Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce the following information in relation to lending activities of Pac Lease Sdn Bhd, a wholly-owned subsidiary of PacificMas, for the first quarter ended 31 March 2007:- |
| i) Table 1 - Aggregate amount of outstanding loans/advances given in the ordinary course of business; |
| ii) Table 2 - Total borrowings; |
| iii) Table 3 - Aggregate amount of loans/advances in default for 3 months or more ("Non-Performing Loans"); and |
| iv) Table 4 - Top 5 loans/advances. |
| The principal activities of Pac Lease Sdn Bhd are leasing, hire purchase and other related financial services. |
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| This announcement is dated 09 April 2007. |
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