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 as at 31 December 2015 to facilitate the ordinary course of business of SPB Group's subsidiaries was RM35,122,920-00. It is made up as follows:

(a) Loan and Advances to Subsidiaries amounted to RM23,122,920-00;  amd

(b) Corporate Guarantee in relation to banking facilities amounted to RM12,000,000-00.

2. FINANCIAL IMPACT

Share Capital

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

Earnings

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

Net Assets (NA)

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

Dated this 18 February 2015.