SERSOL-Unusual Market Activity (UMA) query by Bursa Securities

LISTING'S CIRCULAR NO. L/Q : 37123 OF 2006

Bursa Malaysia Securities Berhad has on 5 June 2006 issued an UMA query on the trading of the Companys securities.

In this respect, investors are advised to take note of the Companys reply to the above UMA query which will be posted at Bursa Malaysias website under the company announcements, http://announcements.bursamalaysia.com when making their investment decision.

The contents of the UMA query is as follows:-


UNUSUAL MARKET ACTIVITY

We draw your attention to the sharp increase in price and high volume in your Companys shares today.

In accordance with the Part IV of Guidance Notes 1 of the Listing Requirements of the Bursa Malaysia Securities Berhad for MESDAQ Market (Bursa Securities MMLR) on Response To Unusual Market Activity, you are requested to furnish Bursa Malaysia Securities Berhad (Bursa Securities) with an announcement for public release after making a due enquiry seeking the cause of the unusual market activity in the Companys securities.

In this respect, you are also required to publicly confirm, amongst others, the following:-

1. whether there is any corporate development relating to your Groups business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation / discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity and in this respect, you are required to comply with Part III of Guidance Notes 1 of the Bursa Securities MMLR;

3. whether you are aware of any other possible explanation to account for the unusual market activity; and

4. your compliance with the Bursa Securities MMLR, in particular Part IV of Chapter 7 of the Bursa Securities MMLR on immediate disclosure obligations.

Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities within one(1) market day via Bursa LINK.