RANHILL IPO

Company Name: RANHILL ENERGY AND RESOURCES BERHAD
Main Business: Energy (i.e. oil & gas) and environment (i.e. water supply) sectors
Board: Main market
Stock Name: RANHILL
IPO Price: RM 1.85
PAR: RM 1.00
Market capital:  961 mil shares

Timetable for IPO

Date	Description
04-07-2013	Open application
11-07-2013	Close application
15-07-2013	Ballot result
29-07-2013	Allotment shares
31-07-2013	Listing

Total shares offer: 407 mil (42.3% of total market shares)
1. Total institutional offering shares: 328 mil
    a. 110 mil shares for MITI Bumiputera.
    b. 218 mil shares for malaysian & foreign institutional and selected investors.
2. Total retail offering shares: 78 mil
    a. 52.6 mil shares for eligible directors and employees of the company.
    b. 6.3 mil shares for those have contributed to the company.
    c. 9.6 mil shares for Malaysian public (non-bumi).  (1% of total market shares)
    d. 9.6 mil shares for Malaysian public (bumi).

Financial summary

FYE	Jun 2010	(18 Months) Dec 2011	Dec 2012
Revenue (RM mil)	1,346	2,454	1,985
Gross Profit (RM mil)	430	752	590
PAT (RM mil)	1,527	301	282
Diluted EPS (RM)	1.10	0.19	0.17

Dividend policy: 60% (from Year end 31 Dec 2014)
Currently, proposed 50% - 70% payout ratio.