Favelle Favco Berhad (“Ffb” or “the Company”) Acceptance of Purchase Orders

 INTRODUCTION The Board of Directors of FFB is pleased to announce that its wholly-owned subsidiary, Favelle Favco Cranes (M) Sdn Bhd, Favelle Favco Cranes Pte Ltd, Favelle Favco Cranes Pty. Limited and Favelle Favco Cranes (USA), Inc and Kroll Cranes A/S had received the following purchase orders or Letter of Intent (“Contracts”) respectively in the months of March 2015, April 2015 and up to the date of announcement:-

Contracts secured by	Customer	Brief description of the Contracts	Duration of the Contracts
Favelle Favco Cranes (M) Sdn Bhd	SapuraKencana HL Sdn Bhd	Supply of Offshore Crane	which is expected to be delivered by end of 2015
Favelle Favco Cranes (M) Sdn Bhd	Bumi Armada Offshore Holdings Ltd	Supply of Offshore Crane	which is expected to be delivered by early of 2016
Favelle Favco Cranes (M) Sdn Bhd	Nam Cheong International Ltd	Supply of Offshore Crane	which is expected to be delivered by second quarter of 2016
Favelle Favco Cranes Pte Ltd	PVD Trading and Technical Services JSC	Supply of Offshore Crane	which is expected to be delivered by first quarter of 2016
Favelle Favco Cranes (M) Sdn Bhd	Hyundai Heavy Industries Company Ltd	Supply of Offshore Crane	which is expected to be delivered by third quarter of 2016
Favelle Favco Cranes Pty. Limited	Stride High Pty Ltd	Supply of Tower Crane	which is expected to be delivered by third quarter of 2015
Favelle Favco Cranes (USA), Inc	TES, Inc	Supply of Tower Crane	which is expected to be delivered by end of 2015
Favelle Favco Cranes (M) Sdn Bhd	EA Technique (M) Berhad	Supply of Offshore Crane	which is expected to be delivered by early of 2016
Kroll Cranes A/S	Energy Solution Management Co., Ltd	Supply of Tower Crane	which is expected to be delivered by early of 2016

The approximate combined value of the above substantial orders secured amount to RM85.7 million. FINANCIAL EFFECTS

The above Contracts are expected to contribute positively to the earnings and net assets of FFB for the financial year ending 31 December 2015 and beyond. The Contracts do not have any impact on the share capital and shareholding structure of FFB.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the above Contracts.

DIRECTORS' STATEMENT

The Board of Directors of FFB is of the opinion that the acceptance of the above Contracts are in the best interest of FFB.

This announcement is dated 20 May 2015.