Announcement – FAVELLE FAVCO BERHAD (“FFB” OR “COMPANY”) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES INCLUDING THE EXECUTIVE DIRECTORS OF FFB AND ITS SUBSIDIARIES (“PROPOSED ESOS”)

Announcement – NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS FAVELLE FAVCO BERHAD (“FFB” OR “COMPANY”) LISTING APPLICATION TO BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) FOR THE LISTING OF AND QUOTATION FOR UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF THE COMPANY (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME PURSUANT TO THE EXERCISE OF OPTIONS ARISING FROM THE COMPANY’S PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME (“PROPOSED ESOS”)

Listing Circular – FAVCO-EMPLOYEES’ SHARE OPTION SCHEME (“SCHEME”)

May 27, 2011

Listing Circular

LISTING'S CIRCULAR NO. L/Q : 61308 OF 2011

Company Name	:	FAVELLE FAVCO BERHAD
Stock Name	:	FAVCO
Date Announced	:	27 May 2011

Subject	:	FAVCO-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents	:	Kindly be advised that the abovenamed Company's additional 77,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 31 May 2011.