Announcement – Favelle Favco Berhad (“Favco” or “the Company”) Provision of Financial Assistance Pursuant to Practice Note No. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad

February 26, 2009

General Announcement

Reference No CU-090226-57724

Submitting Merchant Bank	:	-
Company Name	:	FAVELLE FAVCO BERHAD
Stock Name	:	FAVCO
Date Announced	:	26/02/2009

Type

Announcement

Subject

Favelle Favco Berhad ("Favco" or "the Company") Provision of financial assistance pursuant to Practice Note No. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad

Contents

On behalf of the Board of Favco, we wish to announce that pursuant to Practice Note No. 11/2001, the aggregate amount of financial assistance provided during the quarter ended 31 December 2008 to facilitate the ordinary course of business of the Company and the Group is as per the table under Tables Section below. There would be no significant financial impact to the earnings and cash flow of Favco Group as a result of the below financial assistance granted during the reporting quarter as these guarantees are not expected to be realised and called upon.

Announcement Details :

	Type of Financial Assistance	Company Level (RM’000)	Group Level (RM’000)
1.	Corporate Guarantee	240,236	240,236
2.	Bank Guarantee	Nil	Nil
	Total financial assistance provided during 4^th quarter 2008	240,236	240,236