SSTEEL - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q : 72141 OF 2014

Renounceable rights issue of up to RM209,708,604 nominal value of 5-year 5% redeemable convertible unsecured loan stocks (RCULS) at 100% of its nominal value (Rights RCULS) on the basis of RM1.00 nominal value of Rights RCULS for every 2 existing ordinary shares of RM1.00 each in Southern Steel Berhad (SSB) (Rights Issue of RCULS).

Kindly be advised of the following :

1) The Rights commence of trading : [ 22 December 2014 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 23 December 2014 ]

3) The last day and time for Acceptance, Renunciation and Payment : [ 19 January 2015 @ 5:00pm ]

4) The Rights cease quotation : [ 12 January 2015 ]

The Stock Short Name, Numberand ISIN Code [ SSTEEL-LR, 5665LR and MYL5665LR003 ] respectively.