UMWOG IPO Ballot Results

Below are the ballot summary.

Bumiputera Category

Public Category

The Final IPO Price is RM 2.80.

Stabilising action by Maybank which is up to an aggregate of 126,477,000 Shares.

UMW Oil & Gas Corporation Berhad IPO

Company Name: UMW Oil & Gas Corporation Berhad
Main Business: Provider of drilling & oilfield services of the oil & gas industry
Board: Main market
Stock Name: UMWOG
IPO Price: RM 2.80
PAR: RM 0.50
Market Capital: 2.162 bil shares

Timetable for IPO

Date	Description
03-10-2013	Open application
14-10-2013	Close application
17-10-2013	Price determination
18-10-2013	Ballot result
30-10-2013	Allotment shares
01-11-2013	Listing

Total shares offer: 843,180,000 units (39% of total share capital)
1. Total institutional offering shares: 648,600,000 units. (30% of total share capital)
    a. 248,630,000 shares for MITI Bumiputera. (11.5% of total share capital)
    b. 399,970,000 shares for malaysian & foreign institutional and selected investors. (18.5% of total share capital)
2. Total retail offering shares: 194,580,000 units. (9% of total share capital)
    a. 151,340,000 shares for eligible directors and employees of the group, and those have contributed to the company. (7% of total share capital)
    b. 21,620,000 shares for Malaysian public (Bumi). (1% of total share capital)
    c. 21,620,000 shares for Malaysian public (Non-Bumi). (1% of total share capital)

Financial summary:

FYE	Dec 2010	Dec 2011	Dec 2012	(6 Mths) Jun 2012	(6 Mths) Jun 2013
Revenue (RM mil)	348	550	724	383	325
Gross Profit (RM mil)	-41	102	83	57	96
PAT (RM mil)	-47	79	71	47	88
Net EPS* (Cents)	-3.13	5.05	4.65	2.99	5.67
Net EPS** (Cents)	-4.36	7.04	6.48	4.17	7.90

* based on 1.550 bil shares of RM 0.50.
** based on 2.162 bil shares of RM 0.50.

Targeted dividend policy: Nil
Estimated DY: Nil