The Company wishes to inform that ECMLIB, a wholly-owned subsidiary of ECMLFG had up to 28 April 2011, acquired 42,008,300 ordinary shares of RM1.00 each, representing 5.12% of the total share capital net of treasury shares of Eastern & Oriental Berhad ("Said Shares").

The Cost of investment was funded by internally generated funds of ECMLIB. The Said Shares was purchased from the open market in the normal course of business held under Available For Sale category.

None of the directors of ECMLFG has any interest, direct or indirect in the aforesaid acquistion.

This announcement is dated 10 May 2011