Bursa Malaysia’s Debut AGM As Listed Entity Successfully Concluded

Bursa Malaysia Berhad (Bursa Malaysia) is pleased to announce that its audited financial statements for the year ended 31 December 2004 was successfully received and adopted by its shareholders at the Group’s 28th Annual General Meeting (AGM) today. Seven other resolutions tabled were also passed at the AGM. Over 500 shareholders were in attendance at the AGM, which was Bursa’s first, as a listed entity.

The resolutions passed include the re-election of the following Directors of Bursa :

1. Dr. Thillainathan a/l Ramasamy
2. Dato’ Abdul Wahid bin Omar
3. Mr. Cheah Tek Kuang
4. Mr. Peter Leong Tuck Leng
5. Dato’ Seri Hwang Sing Lue

Shareholders also approved the payment of Directors’ fees amounting to RM60,000 for the Non-Executive Chairman and RM40,000 for each Non-Executive Director for the financial year ended 31 December 2004. Bursa’s Board of 12 directors comprises 11 non-executive directors, which include 4 independent non-executive directors and 4 public interest directors, with the CEO as the sole executive director.

Messrs Ernst and Young was also re-appointed as auditors of the company.

Tun Mohamed Dzaiddin Abdullah, Chairman of Bursa said that the good turnout at the AGM is a positive indication of shareholders’ participation and activism.

“As at 20 May 2005, Bursa had a total of 14,349 shareholders, with total issued and paid-up capital of RM250,689,150 comprising 501,378,300 ordinary shares of RM0.50 each.

“It is our mission to offer an internationally competitive marketplace for fund raising and investment through our three strategic objectives which are to boost market velocity and liquidity, expand products and services and improve operational scale and efficiency.

“The Board is committed to carving further progress for the Company through achieving its commercial objectives whilst at all times, maintaining its regulatory obligations,” Tun Dzaiddin said.

Yusli Mohamed Yusoff, Chief Executive Officer of Bursa said that Bursa’s position as a fully integrated exchange offering diversified investment options and full suite of trading services provides the advantage of diversified sources of revenue.

“The challenge for us is to grow revenue. Whilst we would focus on initiatives towards achieving this, to a certain extent trading related revenue streams are beyond our control.

“As mentioned in our prospectus we are also committed to grow shareholder value by optimising our capital structure and maximising returns to shareholders through dividend payments and we will evaluate other capital management initiatives.

Bursa is also focussed towards building market infrastructure that is conducive and efficient for trading and investment activities, and towards enhancing quality of the products and services it offers and the surveillance actions that it undertakes.

The full audited 2004 financial results is available on Bursa Malaysia’s website, www.bursamalaysia.com. Investors can call Bursa’s Investor Relations at 03 2034 7195.

SUMMARY OF BURSA MALAYSIA BERHAD FINANCIAL RESULTS 2004