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Disposal of shares in Mayne Nickless Limited ("MNL")

We refer to our announcements dated 23 April 2001 and 2 May 2001 in respect of the aforesaid matter and wish to provide the following additional information.

1. None of the directors and/or substantial shareholders of Landmarks Berhad have any interest, direct or indirect, in the aforesaid disposal.

2. Landmarks will seek the ratification/approval of its shareholders in respect of the MNL shares that have been disposed and the disposal of the balance MNL shares. The disposal is not subject to the approval of any government authorities.

3. The disposals enable Landmarks to reduce the Group's gearing by paying of debts.

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Landmarks Berhad (185202 - H)
19 & 20 Floor, Menara Haw Par, Jalan Sultan Ismail, 50250 Kuala Lumpur.
Tel: 603-2026 0088 Fax: 603-2026 0099
E-mail: admin@landmarks.com.my