The following is the announcement by Malaysian Pacific Industries Berhad made to KLSE regarding the

- PROPOSED PURCHASE OF OWN SHARES BY THE COMPANY
-  PROPOSED SHAREHOLDERS' MANDATE ON RECURRENT RELATED
PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

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Malaysian Pacific Industries Berhad (the "Company") writes to inform that the Company will be seeking the approval of its shareholders for the following proposals at a general meeting to be convened:-

1. Proposed renewal of authorisation for the Company to purchase its own shares in accordance with Section 67A of the Companies Act, 1965; and
2. Proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature

(collectively the "Proposals").

A circular containing the details of the Proposals will be issued to the shareholders of the Company in due course.