Date: 09 December 2008

General Announcement

Type
:

Announcement
Subject
:
ANNOUNCEMENT IN RELATION TO THE COLLAPSED WALL/ LANDSLIP OCCURRED OFF JALAN SEMANTAN WHICH IS ADJACENT TO WISMA AMANAH RAYA BERHAD

Contents
:
AmanahRaya-JMF Asset Management Sdn Bhd ("ARJMF"), the Manager of AmanahRaya REIT wishes to inform Bursa Malaysia with regards to the collapsed wall/landslip that occurred off Jalan Semantan on Thursday, 4 December 2008 which is adjacent to Wisma Amanah Raya Berhad. The said building is currently leased to CIMB Investment Bank Berhad ("CIMB").

The said building had been evacuated by CIMB, as advised by Dewan Bandaraya Kuala Lumpur ("DBKL") as a preventive measure to ensure the safety of its employees. DBKL has also instructed Institut Kerja Raya Malaysia ("IKRAM") to conduct soil test and investigations on the matter.

While there are no visual signs of structural distress to the building and the adjacent area, DBKL has instructed the landowner of the landslip area that immediate steps be taken to provide remedial measure to the affected area to prevent any further soil erosion.

At this juncture, the current steps taken by ARJMF are, inter alia, the following:

(1) Appointment of a geologist firm to provide geotechnical assessment of the affected surrounding area of the building, which is in addition to the appointment of IKRAM by DBKL;
(2) Continuous consultations with IKRAM which is currently monitoring the surrounding area for any more soil movement, if any; and
(3) Continuous updates to CIMB, the master lessee of Wisma Amanah Raya Berhad on the status of the building.

ARJMF will update Bursa Malaysia on the status of the Wisma Amanah Raya Berhad when further information is available by DBKL, IKRAM and/or ARJMF's appointed geologist firm.


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