1.   INTRODUCTION

Pursuant to Paragraph 8.23(1) and Practice Note 11/2001 of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements, the Board of Sarawak Plantation Berhad ("SPB") wishes to announce that the aggregate amount of financial assistance provided as at 31 March 2015 to facilitate the ordinary course of business of SPB Group's subsidiaries was RM32,046,387. It is made up as follows:

(a) Loan and Advances to subsidiaries amounted to RM20,046,387;  and 

(b) Corporate Guarantee in relation to banking faciltiies amounted to RM12,000,000.

2.   FINANCIAL IMPACT

Share Capital

The provision of fianancial assistance has no effect on the share capital and shareholding structure of SPB Group for the quarter ended 31 March 2015.

Earnings

There is no material impact on the earnings of SPB Group for the quarter ended 31 March 2015.

Net Assets (NA)

There is no material impact on the NA of SPB Group for the quarter ended 31 March 2015.

Dated this 22 May 2015.