Bursa Malaysia General Announcement: TP-080417-51505

General Announcement
Reference No: TP-080417-51505

Company Name	:	PACIFICMAS BERHAD
Stock Name	:	PACMAS
Date Announced	:	17-04-2008

Type	:	Announcement
Subject	:	PACIFICMAS BERHAD ("PacificMas") - REINVESTMENT AND PURCHASE OF UNIT TRUSTS BY UNITED MALACCA BERHAD IN UNIT TRUST FUNDS MANAGED BY PACIFIC MUTUAL FUND BHD ("Pacific Mutual")
Contents	:

Pursuant to Paragraph 10.08(1) of the Listing Requirements of Bursa Malaysia Securities Berhad (in relation to any accumulated percentage ratios of related party transactions exceeding 0.25%), we wish to announce that United Malacca Berhad, a former substantial shareholder of PacificMas, have reinvested its unit trust distributions and purchased unit trusts in unit trust funds managed by Pacific Mutual as follows:-

Date of Transaction	Nature of Transaction	Name of Fund	Value (RM)	Price/Published Net Assets Value per unit (RM)
14 January 2008	Reinvestment	Pacific Cash Fund	166,084.34	0.5034
14 January 2008	Reinvestment	Pacific AsiaPac Income Fund	515,294.62	0.4873
14 April 2008	Reinvestment	Pacific Cash Fund	262,831.47	0.5033
16 April 2008	Purchase	Pacific Cash Fund	18,000,000.00	0.5034

Pacific Mutual is a 85%-owned subsidiary of PacificMas and its principal business activities are establishment and management of unit trust funds. United Malacca Berhad's ("UMB") principal business activities are cultivation of oil palm and investment holding.

None of the directors and substantial shareholders of PacificMas and persons connected to such directors and substantial shareholders has any interest in the abovesaid transactions save for the following:-

i) Mr. Choi Siew Hong is a director of PacificMas, Pacific Mutual and UMB. He has an indirect interest of 2,000 shares in PacificMas and a total interest of 0.18% in UMB. He does not have any equity interest in Pacific Mutual.

ii) Y. Bhg. Datuk Fong Weng Phak is a director of Pacific Mutual and UMB. He does not have any equity interest in Pacific Mutual and UMB.

The aforesaid transactions are not subject to the approval of the shareholders of PacificMas and the relevant government authorities.

This announcement is dated 17 April 2008.

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