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Proposed bonus Issue of 33,333,333 new Ordinary shares of RM0.10 Each In SMRT ("SMRT Shares") to Be Issued And Credited As Fully Paid-up To the Shareholders of SMRT On The Basis Of One (1) New SMRT Share For Every Three (3) Existing SMRT Shares Held (the "Proposed Bonus Issue")

BackJun 12, 2008

We refer to the Company's announcement dated 21 May 2008 (the "Announcement") in respect of the Proposed Bonus Issue.

Kenanga Investment Bank Berhad, on behalf of the Board of Directors of SMRT, is pleased to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 11 June 2008, approved the listing and quotation of 33,333,333 new SMRT Shares to be issued pursuant to the Proposed Bonus Issue.

This announcement is dated 12 June 2008.

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