BURSA ANNOUNCEMENTS

OTHERS TALIWORKS CORPORATION BERHAD (“Taliworks”) - Signing of Bank Loan Agreements between the Bank of Communications Ningxia Branch, the People’s Republic of China (“Bank”) and Taliworks (Yinchuan) Wastewater Treatment Co. Ltd (“Taliworks Yinchuan” or “the Company”), a wholly-owned subsidiary of Taliworks

Type	Announcement
Subject	OTHERS
Description	TALIWORKS CORPORATION BERHAD (“Taliworks”) - Signing of Bank Loan Agreements between the Bank of Communications Ningxia Branch, the People’s Republic of China (“Bank”) and Taliworks (Yinchuan) Wastewater Treatment Co. Ltd (“Taliworks Yinchuan” or “the Company”), a wholly-owned subsidiary of Taliworks
The Board of Directors of Taliworks wishes to announce that Taliworks Yinchuan, a wholly-owned subsidiary of Taliworks International Limited, which in turn, is a wholly-owned subsidiary of Taliworks, had on 26th August 2011 executed loan agreements with the Bank to secure banking facilities amounting to RMB556.5 million (equivalent to approximately RM262 million (based on the conversion rate of RMB1 : RM0.47) comprising the following:- Type of Facility Amount Fixed Assets Loan RMB526.5 million Working Capital Loan RMB30 million The banking facilities are to part-finance the Company’s takeover of the four (4) existing waste water treatment plants with recycled water facilities in Yinchuan City, the People’s Republic of China under a 30-year concession on a Takeover-Operate-Transfer basis (“the Project”) for a total value of RMB810 million in relation to the Project as announced earlier on 25th August 2010. This announcement is dated 26th August 2011.