19 Apr 2010

Disposal of Odd Lots of Preference Shares in Tasek Corporation Berhad (“Tasek”)

The Board of Directors of Hong Leong Asia Ltd. (“HLA” or the “Company”) wishes to announce that HL Cement (Malaysia) Sdn. Bhd. (“HLCM”), a wholly-owned subsidiary of the Company, had on 12 April 2010, disposed in the open market 274 6% Cumulative Participating Preference Shares of RM1.00 each in the capital of Tasek (“Preference Shares”) (a subsidiary company listed on the Main Board of Bursa Malaysia Securities Berhad), being odd lots of the Preference Shares held by HLCM and representing approximately 0.05% of the issued and paid-up preference share capital of Tasek, for a cash consideration of RM1,007.80. Following the said disposal, HLA Group’s deemed interests in the preference share capital of Tasek decreased from approximately 63.05% to 63.00% based on the latter’s issued and paid-up preference share capital of RM500,000 comprising 500,000 Preference Shares as at 16 April 2010.