Related Party Transaction

1. Introduction
The Board of Directors of Landmarks Berhad ("Landmarks") wishes to announce the following Related Party Transactions ("RPTs") as set out below that Landmarks Group has entered into with Mohamad Abdul Halim bin Ahmad, Managing Director ("the Managing Director") and Faisal bin Ismail, Executive Director ("the Executive Director") of Landmarks.

2. Details of the Related Party Transaction
The RPTs involve the purchase of company's vehicles by the Managing Director and the Executive Director. Landmarks Group has adopted a flexi-benefit scheme which offers eligible employees including the executive directors the option to replace their existing motor vehicle benefit with a car allowance benefit and to purchase their existing motor vehicles at the prevailing market price.

The Managing Director has opted for the car allowance benefit and also to purchase his existing Toyota Estima 3.0 for RM160,000 ("the Estima"). The Estima was purchased in year 2000 for RM295,000.

The Executive Director had opted for the car allowance benefit and also to purchase his existing Mercedes Benz E240 for RM240,000 ("the Mercedes"). The Mercedes was purchased in year 2001 for RM383,512.