ESCERAM - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q : 58648 OF 2010

RENOUNCEABLE RIGHTS ISSUE OF UP TO 57,449,500 NEW ORDINARY SHARES OF RM0.10 EACH IN ES CERAMICS TECHNOLOGY BERHAD (ES CERAMICS) (RIGHTS SHARE(S)) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 57,449,500 FREE DETACHABLE NEW WARRANTS (WARRANT(S)) ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH HELD IN ES CERAMICS TECHNOLOGY BERHAD AT 5.00 P.M. ON 13 OCTOBER 2010 PAYABLE IN FULL UPON ACCEPTANCE (RIGHTS ISSUE WITH WARRANTS); AND

BONUS ISSUE OF UP TO 57,449,500 NEW ES CERAMICS SHARES (BONUS SHARE(S)) CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED BY THE EXISTING SHAREHOLDERS OF ES CERAMICS AND/OR THEIR RENOUNCEES PURSUANT TO THE RIGHTS ISSUE WITH WARRANTS.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 11 October 2010 ]

2) The last date of lodgement : [ 13 October 2010 ]

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.

b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.