The Board of Directors of SJC wishes to announce that two (2) indirect wholly-owned dormant subsidiaries of SJC, namely Seni Jaya Outdoor Media Sdn. Bhd. (Company No. 723748-P) and Seni Jaya Media Sdn. Bhd. (Company No. 723389-A) ("collectively referred to as "the Companies") are deemed dissolved following the publication of the notices of striking-off pursuant to Section 308(4) of the Act dated 23 January 2014 by the Companies Commission of Malaysia ("the Notices"). Accordingly, the Companies cease to be the subsidiaries of SJC Group. The striking-off exercises have no material effect to the earnings and net assets of SJC Group for the financial year ending 31 December 2014.

None of the directors and/or major shareholders of SJC and/or persons connected to the directors and/or major shareholders of SJC have any interest, direct or indirect, in the striking-off exercises.

This announcement is dated 10 February 2014.