INTRODUCTION

Pursuant to Paragraph 8.23(1) and Practive Note 11/2001 of Bursa Malaysia Securities Bhd'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 2018 to facilitate the ordinary course of business of SPB's Group was RM30,324,087-00. This was in relation to certain subsidiaries.

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 2018.

Earnings

There is no material impact on the earnings per share for the quarter ended 31 December 2018.

Net Assets (NA)

There is no impact on the NA of SPB Group for the quarter ended 31 December 2018.

Dated this 21 February 2019.