ANNOUNCEMENT DETAILS

THREE A-RESOURCES BERHAD ("TARB") PROPOSED PRIVATE PLACEMENT

THREE-A RESOURCES BERHAD
Announcement Date 05 Nov 2007
Type Announcement
Subject THREE A-RESOURCES BERHAD ("TARB")
- PROPOSED PRIVATE PLACEMENT
Contents

We refer to the above-captioned, and the earlier announcement made on 21 May 2007 in relation to the Proposed Private Placement.

OSK Investment Bank Berhad (formerly known as OSK Securities Berhad) (“OSK”) on behalf of TARB is pleased to announce that the Board of Directors of TARB (“Board”) has fixed an issue price of RM0.53 per placement share for the final tranche of the placement shares, comprising 8,750,000 placement shares. It is not the intention of the Board to place the placement shares to Directors or substantial shareholders of TARB and/ or persons connected with them.

This issue price represents a discount of approximately 9.79% from the 5-day weighted average market price of TARB’s shares up to and including 2 November 2007 of RM0.5875.