Corporate Action

Singapore Para Rubber Estates PLC
3 July 2001

SCHEME OF ARRANGEMENT
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *SRB
SEDOL CODE              *810-607
TERMS                   *For every 100 Ordinary  -  77.41 New Ordinary Shares
                         Shares of 5p in            of GBP0.10 in Bertam
                         Singapore Para Rubber      Holdings
                         Estates

PROVISIONAL EX DATE     *11-07-01
RECORD DATE             *05-07-01
NOTES *