GAMUDA BERHAD (29579T) (INCORPORATED IN MALAYSIA) NOTICE OF EXPIRY

GAMUDA BERHAD

(29579-T)

(Incorporated in Malaysia)

NOTICE OF EXPIRY AND LAST DATE FOR THE EXERCISE OF WARRANTS 2001/2007

NOTICE IS HEREBY GIVEN THAT pursuant to the conditions stipulated in the Deed Poll dated 27 November 2000 governing the Warrants 2001/2007 (“Warrants”) of Gamuda Berhad (“Gamuda” or “the Company”), the subscription rights of the Warrants will expire at 5.00 p.m. on Tuesday, 21 August 2007 (“Expiry Date”).

Warrantholders should note that Warrants not exercised by 5.00 p.m. on the Expiry Date will lapse and become null and void and cease thereafter to be valid for any purpose. Accordingly, the Warrants will be removed from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) with effect from 9.00 a.m. on Wednesday, 22 August 2007.

The number of outstanding Warrants as at 6 July 2007, being the latest practicable date prior to the printing of this Notice, is 21,647,199.

Warrantholders are therefore advised to carefully read the procedures set out below:-

Suspension Of Trading And Last Day For Trading

To facilitate the exercise of the subscription rights of the Warrants, the last day for trading of the Warrants will be no later than 5.00 p.m. on Friday, 3 August 2007. The trading of the Warrants on Bursa Securities will be suspended with effect from 9.00 a.m. on Monday, 6 August 2007 up to the Expiry Date.

Exercise Price

The exercise price of the Warrants is RM3.75 for each new ordinary share of RM1.00 each in Gamuda (“New Share”). For example, if you exercise 1,000 Warrants into 1,000 New Shares, the exercise amount payable shall be RM3,750.00.

Payment Of Exercise Price

The remittance has to be made in full for the exercise price of RM3.75 for each New Share payable in Ringgit Malaysia via banker’s draft drawn on a bank in Malaysia, made out in favour of “GAMUDA BERHAD WARRANT PROCEEDS ACCOUNT 2” crossed “A/C Payee Only” and endorsed on the reverse side with the name, address, identity/passport number/company registration number (whichever is applicable) and the Central Depository System (“CDS”) Account number of the Warrantholder.

Exercise Of Subscription Rights

If you are a Warrantholder and wish to exercise your subscription rights, you should:-

(i) complete and sign the enclosed Exercise Form. Additional copies of the Exercise Form can be obtained from the Company’s Share Registrar at Insurban Corporate Services Sdn. Bhd. of 149, Jalan Aminuddin Baki, Taman Tun Dr. Ismail, 60000 Kuala Lumpur; and

(ii) deliver to the Company’s Share Registrar, the following documents no later than 5.00 p.m. on Tuesday, 21 August 2007:-

(a) the duly completed Exercise Form;

(b) remittance for the full exercise price stated in Section 2 above;

(c) remittance of a processing fee of RM10.00 for each CDS Account, via cheque, payable to “Insurban Corporate Services Sdn. Bhd.” and crossed “A/C Payee Only”; and

(d) photocopy of identity card/passport/Certificate of Incorporation (whichever is applicable).

All New Shares to be issued pursuant to the exercise of the Warrants will be credited into the respective Warrantholders’ CDS Accounts. The Company shall within eight (8) market days (or such other period as may be prescribed by Bursa Securities) from the date of receipt of the duly completed Exercise Form together with the requisite payment, allot and issue the New Shares pursuant to the exercise of the Warrants, despatch the notices of allotment to the Warrantholders and make an application to Bursa Securities for the quotation of such New Shares.

5. Book Closure Date

Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) will not be accepting any request for the ordinary transfer of the Warrants for the period commencing 4.00 p.m. on Tuesday, 14 August 2007 up to Tuesday, 21 August 2007.
Warrantholders shall qualify for entitlement to subscribe for New Shares in respect of:-

(a) Warrants transferred into the Depositor’s CDS Account before 4.00 p.m. on Tuesday, 14 August 2007 in respect of ordinary transfers; and

(b) Warrants bought on Bursa Securities on or before 5.00 p.m. on Friday, 3 August 2007, being the last day of trading of the Warrants.

All unexercised Warrants remaining in a Depositor’s CDS Account with Bursa Depository as at 21 August 2007 will be debited from the respective Depositor’s CDS Account on 22 August 2007.

6. Expiry Of Subscription Rights

Warrantholders should note that if their subscription rights are not exercised by 5.00 p.m. on Tuesday, 21 August 2007, their rights will lapse and cease to be exercisable thereafter.

7. Directors’ Responsibility Statement

This Notice has been seen and approved by the Directors of Gamuda and they collectively and individually accept full responsibility for the accuracy of the information given herein and confirm that after making all reasonable enquiries, to the best of their knowledge and belief, there are no other material facts, the omission of which would make any statement herein misleading.

Enquiries

All enquiries concerning this Notice should be addressed to the Company’s Share Registrar at:-

Insurban Corporate Services Sdn. Bhd.

149, Jalan Aminuddin Baki

Taman Tun Dr. Ismail

60000 Kuala Lumpur

Tel:+603-7729 5529

Fax:+603-7728 5948

IF YOU ARE IN DOUBT AS TO THE COURSE OF ACTION TO BE TAKEN, YOU SHOULD CONSULT YOUR STOCKBROKER, BANKER, SOLICITOR, ACCOUNTANT OR OTHER PROFESSIONAL ADVISER IMMEDIATELY.

By Order of the Board

Lim Soo Lye

Tee Yew Chin

Company Secretaries

Petaling Jaya

10 July 2007

Tags: malaysia), gamuda, expiry, berhad, notice, (incorporated, (29579t)