We refer to the announcements dated 11 February 2011, 28 February 2011 and 19 April 2011 in relation to the Proposed Acquisition.

On behalf of the Board of Directors of RSB, MIMB Investment Bank Berhad wishes to announce that R.H. Plantation Sendirian Berhad, a wholly owned subsidiary of RSB, had on 3 June 2011 entered into a conditional sale and purchase agreement (“SPA”) with Sheba Resources Sdn Bhd (“Sheba Resources” or the “Vendor”) for the proposed acquisition of a parcel of land with oil palm plantation situated at Sungai Luai and Sungai Bawah, Niah, Sarawak for a total cash consideration of RM118,000,000 (“Proposed Acquisition”).

Kindly refer to the attached document for details of the Proposed Acquisition.

This announcement is dated 3 June 2011.