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Proposed Share Buy-Back of up to ten percent (10%) of the issued and paid-up share capital of Scanwolf Corporation Berhad ("the Company")

BackJun 18, 2008

The Board of Directors of the Company wishes to announce that the Company proposes to seek its shareholders' approval on the proposed authority for the Company to purchase its own shares of up to ten percent (10%) of the issued and paid-up share capital of the Company ("Proposed Share Buy-Back") at the forthcoming Annual General Meeting.

A circular containing further details on the Proposed Share Buy-Back will be dispatched to the shareholders of the Company in due course.

This announcement is dated 18 June 2008.