Company Name

:

SCOMI GROUP BERHAD
Stock Name

:

SCOMI  
Date Announced

:

13/01/2012

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type
and new class of securities?

:

No
Types of corporate proposal

:

Others
Details of corporate proposal

:

Conversion of Irredeemable Convertible Secured Loan Stocks ("ICSLS") to Ordinary Shares
No. of shares issued under this corporate proposal

:

55,000
Issue price per share ($$)

:

MYR 0.400
Par Value ($$)

:

MYR 0.100
   Latest issued and paid up share capital after the above corporate proposal in the following

:

1,187,742,647

:

MYR 118,774,264.700
Listing Date

:

16/01/2012


Remarks :
The new ordinary shares were allotted as a result of the conversion of 220,000 ICSLS.

This announcement is dated 13 January 2012.