MULTIPLE PROPOSALS

On behalf of the Board, OSK wishes to announce that Bursa Securities had vide its letter dated 5 September 2012 approved the following:-

(i) Admission to the Official List and the listing and quotation of 23,326,333 Warrants to be issued pursuant to the Proposed Rights Issue with Warrants;(ii) The listing of 23,326,333 Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants; and

(iii) The listing of 23,326,333 new ordinary shares of RM1.00 each to be issued pursuant to the exercise of the Warrants.

The approval by Bursa Securities for the Proposed Rights Issue with Warrants is subject to the following conditions:-

(i) JTB and OSK must fully comply with the relevant provisions under the Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed Rights Issue with Warrants;

(ii) JTB and OSK to inform Bursa Securities upon the completion of the Proposed Rights Issue with Warrants;(iii) JTB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue with Warrants is completed;(iv) JTB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants as at end of each quarter together with a detailed computation of listing fees payable;(v) Bank Negara Malaysia’s approval for the issuance of the Warrants to the non-residents entitled shareholders of the Company pursuant to the Proposed Rights Issue with Warrants (to furnish Bursa Securities with a copy of the approval letter);(vi) To incorporate the comments made by Bursa Securities in the circular to shareholders; and

(vii) JTB is required to ensure full compliance of all the requirements pertaininig to the Proposed Rights Issue with Warrants as provided under the LR at all times.

This announcement is dated 5 September 2012.