Announcement – FAVELLE FAVCO BERHAD (“FFB” OR “COMPANY”) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES INCLUDING THE EXECUTIVE DIRECTORS OF FFB AND ITS SUBSIDIARIES (“PROPOSED ESOS”)

May 23, 2011

General Announcement

Reference No MI-110523-63265

Submitting Merchant Bank	:	MAYBANK INVESTMENT BANK BERHAD
Company Name	:	FAVELLE FAVCO BERHAD
Stock Name	:	FAVCO
Date Announced	:	23 May 2011

Type	:	Announcement
Subject	:	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS
Description	:	FAVELLE FAVCO BERHAD (“FFB” OR “COMPANY”) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES INCLUDING THE EXECUTIVE DIRECTORS OF FFB AND ITS SUBSIDIARIES (“PROPOSED ESOS”)

Attachments: Please download the attachment as attached.

Announcement Details/Table Section :

On behalf of the Board of Directors of FFB ("Board"), Maybank Investment Bank Berhad wishes to announce that the Board has resolved to undertake the Proposed ESOS.

Please refer to the attachment below for further details of the announcement.

Quarterly rpt on consolidated results for the financial period ended 31/3/2011

Listing Circular – FAVCO-EMPLOYEES’ SHARE OPTION SCHEME (“SCHEME”)

Announcement – FAVELLE FAVCO BERHAD (“FFB” OR “COMPANY”) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES INCLUDING THE EXECUTIVE DIRECTORS OF FFB AND ITS SUBSIDIARIES (“PROPOSED ESOS”)

General Announcement

This announcement is dated 23 May 2011.