Announcement Details :

In accordance with Bursa Malaysia Securities Berhad's ("Bursa Securities") Corporate Disclosure Policy, the Company would like to clarify on the following statements which appeared in the Financial Daily, Home Business section, page 4 on Tuesday, 26 February 2008:-

"It declared a 20% dividend."

The Company wishes to correct the above statement which seemed to suggest the Company have unilaterally declared such amount of dividend. However, the fact of the matter is that the Board of Directors had deliberated on the results of the unaudited fourth quarter financial statements of the Group and intends to propose at the forthcoming Annual General Meeting ("AGM") a final dividend of 20% of the audited profit for the year ended 31 December 2007 less the Malaysian Corporate Tax for shareholders' consideration and approval. The book closure and payment dates will be determined later and appropriate announcement will be made accordingly.

Please refer to the Company's announcement dated 27 February 2008 on the "Proposed Final Dividend For The Financial Year Ended 31 December 2007".

"… the company targeted to increase revenue in the year ending Dec 31, 2008 to RM1.2 billion…"

The Company wishes to clarify that the above statement had been taken out of context and misinterpreted by the press as the Company making an estimate of the targeted increase revenue for FY2008. The management, when enquired, mentioned that since the additional coke capacity expansion of 600,000 tonnes (50% additional capacity) is scheduled to come on-stream in June 2008, there could be a corresponding proportion of contribution from such additional capacity in 2008, based on a simple extrapolation of the financial results of the current financial year (FY2007) and assuming that all other factors, eg prices of coke, coal, etc remained theoretically unchanged. In any case, the stated RM1.2 billion took into account the full year's theoretical impact of the additional capacity of 600,000 tonnes based on the abovementioned assumptions and parameters, whereas the said additional capacity will only be introduced in mid 2008, thus should only be ? year impact for FY2008.

"The management is also preparing a preliminary report on a secondary listing, most likely to take place in Hong Kong, out of either possible markets of Singapore and London."

The Company wishes to clarify that the Board of Directors had only requested the management to explore with the relevant financial advisors on a very preliminary basis on the possibility and feasibility of a secondary/dual listing on alternative capital markets and to perform some fact finding exercise for the Board's consideration. Thus the secondary/dual listing proposition is merely preliminary and exploratory in nature and should not in any way be construed as the Board having decided to proceed with the secondary/dual listing initiative.

This announcement is dated 27 February 2008.