Pursuant to Bursa Malaysia's letter dated 4 August 2006 in relation to disclosures on the abovementioned, the Board of Directors of Mudajaya wishes to announce the status of its Ventures as follows:-

1. Joint Venture ("JV") between Dato' Abdul Rahman bin Abdullah, Integrated Heights Sdn Bhd and Mudajaya Corporation Berhad, a wholly-owned subsidiary of Mudajaya Group Berhad

There is no further update on the MOU since the last announcement made on 22 November 2011.

2. Joint Venture ("JV") between R K Powergen Private Limited and Mudajaya Corporation Berhad, a wholly-owned subsidiary of Mudajaya Group Berhad for a coal-fired Independent Power Producer Project ("IPP Project") in the State of Chhattisgarh, India

There is no further update on the JV since the last announcement dated 22 November 2011.

3. Memorandum of Agreement ("MOA") between Koperasi Serbaguna Peneroka Felda Chini Tiga Bhd , Promi-Quest (M) Sdn Bhd and Mudajaya Corporation Berhad, a wholly-owned subsidiary of Mudajaya Group Berhad

There is no further update on the MOA since the last announcement made on 22 November 2011.

4. Memorandum of Agreement ("MOA") between Koperasi Pembangunan Tanah Daerah Kuantan Berhad and Mudajaya Corporation Berhad for a contract sum of approximately RM141 million

There is no further update on the MOA since the last announcement made on 22 November 2011.

5. Memorandum of Agreement ("MOA") between Mudajaya Corporation Berhad and PT Permata Kaltim ("PK")

There is no further update on the MOA since the last announcement made on 22 November 2011.

6. Memorandum of Understanding ("MOU") between Mudajaya Middle East Ltd and Modern Electro-Mechanical Projects Limited and Mr Mubarak Abdullah bin Mohammed Al Khafra

There is no further update on the MOU since the last announcement made on 22 November 2011.

7. Memorandum of Understanding ("MOU") between Mudajaya Corporation Berhad and the Government of the Lao People's Democratic Republic, represented by the Ministry of Planning and Investment

This announcement is dated 23 February 2012.