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Media Statement FGV on EHP Deal

Date: 29 September 2015
Subject: FGV and PT Eagle High deal

We refer to the report “No Bank Negara green light yet for FGV purchase of PT Eagle” published by The Star on 28 September 2015.

As we have announced previously, we have commenced our due diligence process by independent parties, and the process has not yet been finalized. In light of the volatile current market conditions, FGV is taking additional steps to ensure this deal brings value to our shareholders especially, and the larger community of stakeholders.

It is unhelpful to speculate on the outcome of the comprehensive due diligence process or the factors that may impact our business decision.

We understand that this transaction has generated strong interest from the investing community as well as regulators, and point to our commitment to high governance and transparency in keeping all parties abreast of the latest developments in line with regulatory requirements.

We urge all parties to contact our Corporate Communications and/or Investor Relations teams for further information.

Best Regards,
Dato’ Mohd Emir Mavani Abdullah

Dow Jones Islamic Market Malaysia Titans 25 Index


Date: 23 September 2015

Subject: Dow Jones Islamic Market Malaysia Titans 25 Index

We note reports show that FGV is no longer on Dow Jones Islamic Market Malaysia Titans 25 Index. FGV remains a company listed on the Main Board of Bursa Malaysia.

FGV continues to be affected by tough market conditions and business environments with average CPO prices reducing by 14% from RM2, 301/MT in January 2015 to RM1, 975/MT in August 2015

Nevertheless, FGV’s utmost priority is to be on track to achieve its short, medium and long term goals. With a comprehensive transformation programme in place, which includes cost optimisation, revenue enhancement and operational excellence FGV is confident that it will continue to deliver returns to its shareholders.

For more information, please visit www.feldaglobal.com or email us at groupcorporatecomms@feldaglobal.com.

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