Statement of Directors’ responsibilities in relation to Financial Statements (in respect of the Annual Audited Financial Statements pursuant to Paragraph 15.27 (a) of the Bursa Malaysia Securities Berhad ("BMSB").

Under the Companies Act 1965, the Directors are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Group and of the Company as at the end of the financial year and of the results and cash flows of the Group and of the Company for the financial year then ended.

In preparing the financial statements for the financial year ended 31 December 2003, the Directors have:-

• used appropriate accounting policies and applied them consistently;

• made judgements and estimates that are reasonable and prudent;

• stated whether applicable approved accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• reviewed and confirmed the financial statements have been prepared on a going concern basis.

The Directors are responsible for ensuring proper accounting records are kept and which disclose with reasonable accuracy the financial position of the Group and the Company and to enable them to ensure the financial statements comply with the provisions of Companies Act, 1965.

The Directors have a general responsibility for taking reasonable steps to safeguard the assets of the Group and the Company, and to prevent and detect fraud and other irregularities.