Malaysia Securities Exchange Sector Update : Nexnews Berhad

The Index Sub-Committee of Malaysia Securities Exchange Berhad (MSEB) has decided to update the classification of sector for Nexnews Berhad to come into effect on 9.00a.m., Monday, 26 January 2004.

The update in the classification of sector for Nexnews Berhad is as follows:

Company	Short Stock Name	Stock Number	Present Sector	New Sector
Nexnews	NEXNEWS	6025	Consumer Products	Trading/Services

The company's stock number and stock short name remains unchanged.

The Index Sub-Committee has updated the classification of sector for Nexnews Berhad (upon the company's request) based on the criteria which take into account, among others, the following factors:

Changes in business activity for the company.
Core business activity contribution to company's financial results.

The Index Sub-Committee comprises representatives from the industry, asset management, accounting, unit trust management, listed companies, institution of higher learning and MSEB.

The update in the classification of sectors will ensure all investors and industry participants are kept informed on the latest development of public listed companies in the various sectors of MSEB's Main Board and Second Board.