Share Buy-Back Notice

A. SHARE BUY-BACK AUTHORITY

I) Maximum number of shares authorised for purchase : 14,913,165

B. DETAILS OF PURCHASES MADE

I) Purchases made by way of market acquisition? Yes

1. Date of purchases : 11/10/2001

2. Total number of shares purchased : 86,000

3a. Price paid per share : S$7.35

3b. (i) Highest price per share : S$7.35

3b. (ii) Lowest price per share : S$7.35

4. Total consideration paid or payable for the shares : S$633,081.94

II) Purchases by way of off-market acquisition on equal access scheme? No

C. CUMULATIVE NUMBER OF SHARES PURCHASED TO DATE :

a) By way of market acquisition : 3,080,000 or 1.0323%

b) By way of off-market acquisition on equal access scheme : Nil

D. NUMBER OF ISSUED SHARES AFTER PURCHASE : 295,365,363

Submitted by :
I A MacLean, Director & Company Secretary on 11/10/2001 to the SGX