taking the current UOA's share of both UOA Dev.& UOA REIT based...

taking the current UOA's share of both UOA Dev.& UOA REIT based on current share prices on the bursa Malaysia the value of UOA would be RMB 2,454 m. or $A 834 m.

divided x 1070m. shrs. = 78c./ shr.

UOA Dev.bhd share price has increased in value by 47% over the last 6 months suggesting that the Malaysian market has very high aspirations for the company's future earnings.

if the slow but very steady rise of the Malaysian share market over last year (+ 11%), is any guide to the Malaysian economy then all looks good.

GK.