PROTASCO BERHAD ("THE COMPANY") ARTICLE ENTITLED : "PROTASCO TO BUILD UP NICHE IN PAVEMENT RECYCLING"

## fields Type :: Reply to query Subject :: PROTASCO BERHAD ("THE COMPANY") : ARTICLE ENTITLED : "PROTASCO TO BUILD UP NICHE IN PAVEMENT RECYCLING" ## fields Reply to Bursa Malaysia's Query Letter - Reference ID :: KM-050128-39199 ## para Contents : ## para Further to the announcement dated 31 January 2005 (Reference No. KM-050128-39199), the Company wishes to further clarify that the revised Profit After Tax And Minority Interest (“PATAMI”) of RM44 million for the whole year ended 31 December 2004 was based on : ## para the actual 2004 PATAMI of RM35.9 million for the nine (9) months ended 30 September 2004 ; and ## para the forecast result for the remaining three (3) months ending 31 December 2004 was prepared based on the projects on hands, recurring income from the road maintenance concession, provision of engineering services and consultancy and trading activities. ## para Query Letter Contents : ## para We refer to the above article appearing in the Star, StarBiz, page 2 on Friday, ## para 28 January 2005, a copy of which is enclosed for your reference. ## para In particular, we would like to draw your attention to the underlined sentence, ## para which is reproduced as follows:- ## para "Protasco expects approximately RM45mil in net profit for the fourth quarter to ## para December 2004...." ## para In accordance with Bursa Malaysia Securities Berhad's ("Bursa Securities") ## para Corporate Disclosure Policy, you are requested to furnish Bursa Securities with ## para an announcement for public release confirming or denying the above reported ## para article and in particular the underlined sentence after due and diligent ## para enquiry with all the directors, major shareholders and all such other persons ## para reasonably familiar with the matters about which the disclosure is to be made ## para in this respect. In the event you deny the above sentence or any other part of ## para the above article, you are required to set forth facts sufficient to clarify ## para any misleading aspects of the same. In the event you confirm the above sentence ## para or any other part of the above article, you are required to set forth facts ## para sufficient to support the same, including the relevant basis and assumptions in ## para arriving at the above forecast. In this respect, you are also required to ## para confirm whether the accounting bases, calculations and assumptions have been ## para reviewed by the external auditors. ## para Please furnish the Exchange with your reply within one (1) market day from the ## para date hereof. ## para Yours faithfully ## para INDERJIT SINGH ## para Sector Head ## para Issues & Listing ## para Group Regulations ## para CKM ## para Copy to : Securities Commission (via fax)