MBf Holdings Group Page1 of 6 List of Land & Buildings classified under Property, plant and equipment As at 31st December 2010

Net Book Value Fair Value Revaluation Date of Companies Properties @ 31.12.2010 Surplus / (Deficit) Name of Valuer Valuation

RM RM RM

Properties in Papua New Guinea

WR Carpenter (PNG) Ltd Details on pages 2-3 113,508,840 330,302,790 216,793,950 The Professional Valuers of PNG Ltd See pages 2-3

Properties in Papua New Guinea 113,508,840 330,302,790 216,793,950

Properties in Fiji

WR Carpenter (South Pacific) Ltd Details on pages 4-5 166,490,051 253,956,545 87,466,494 1. Property Solutions See pages 4-5 2. Rolle Associates (for Morris Hedstrom City Centre)

Properties in Fiji 166,490,051 253,956,545 87,466,494

Properties in Malaysia

MBf Printing Industry Sdn Bhd Plot 8, Lot PT 5195, Jalan Puchong, BT 12 1/2, 47100 Puchong 10,699,705 20,000,000 9,300,295 TD Aziz Sdn Bhd 30-Sep-10

MBF Cards (M'sia) Sdn Bhd 4th Floor, MBf Tower, 53, Jalan Sultan Ahmad Shah, 10050 Penang 487,416 640,000 152,584 TD Aziz Sdn Bhd 30-Sep-10

MBf Building Technology Sdn Bhd 4-storey shop office, No. 33, Jalan Nyabor, Raine & Horne International Zaki + Partners 96000 Sibu, Sarawak 1,236,879 1,300,000 63,121 Sdn Bhd 30-Sep-10 3-storey shop office, Lot 1377, Block 10, Miri Concession Land District of Parent Raine & Horne International Zaki + Partners Lot 1345, 98000 Miri, Sarawak 887,124 960,000 72,876 Sdn Bhd 30-Sep-10 4-storey shop office, No. 37, Jalan Todak 2, Henry Butcher Malaysia (Seberang Perai) Sdn Seberang Jaya, 13700 Seberang Prai 904,763 1,250,000 345,237 Bhd 30-Sep-10 4-storey shop house, No. 194E, Sub-Lot 9 Al-Idrus Commercial Centre, Jalan Satok, Raine & Horne International Zaki + Partners 93400 Kuching, Sarawak 1,248,520 1,350,000 101,480 Sdn Bhd 30-Sep-10 3-storey shop office, No.12 Jalan Kong Sang, 70000 Seremban 735,000 850,000 115,000 PPC International Sdn Bhd 30-Sep-10 2-storey bungalow, 32 Jalan Kelawei, 10250 Penang 5,721,129 8,000,000 2,278,871 PPC International (Penang) Sdn Bhd 30-Sep-10 Unit No. 53-30-02, 30th Floor MBf Tower, 53 Jalan Sultan Ahmad Shah 10050 Penang 451,200 690,000 238,800 TD Aziz Sdn Bhd 30-Sep-10 Unit G-09, 1-09, 2-09, 1-08 & 2-08 Plaza Mentari (Sun City), Jalan Kuning, Taman Pelangi, 80400 Johor Bharu 1,862,000 2,150,000 288,000 PPC International Sdn Bhd 30-Sep-10 3-storey terrace shophouse, Grd, 1st & 2nd Floor, No B5, Jalan Bakar Arang, 08000 Sg Petani, Kedah 558,600 580,000 21,400 Henry Butcher Malaysia (Kedah) Sdn Bhd 30-Sep-10 3-storey shop office, No. 96, Kompleks Perniagaan Sultan Abdul Hamid, Jalan Persiaran Sultan Abdul Hamid, 05050 Alor Setar, Kedah 696,451 697,613 1,162 PPC International (Alor Star) Sdn Bhd 19-Jul-10

MBf Elevators Sdn Bhd Unit No. 5-C8, Level 5 Megan Ambassy Business Park, 225 Jalan Ampang, 50450 Kuala Lumpur 185,925 260,000 74,075 TD Aziz Sdn Bhd 30-Sep-10

Properties in Malaysia 25,674,712 38,727,613 13,052,901

Properties in China

Hangzhou Xinma Elevator Co Ltd Economy and Technology Development Area, Jiande City, ZheJiang Province, China 311600 5,025,706 7,536,225 2,510,519 Zhejiang ZDDC Assets Appraisal Co., Ltd 30-Sep-10 Economy and Technology Development Area, Jiande City, ZheJiang Province, China 311600 1,965,503 3,065,828 1,100,326 Zhejiang ZDDC Assets Appraisal Co., Ltd 30-Sep-10 Xin Ann Garden, Xin Ann Tong Street, Xinanjiang Road, Jiande City, ZheJiang Province, China 311600 138,912 1,005,672 866,760 Zhejiang ZDDC Assets Appraisal Co., Ltd 30-Sep-10 No. 57.17, Unit 402, Block 18 XinTien Street, XinanJiang Road, Jiande City, ZheJiang Province, China 311600 17,009 120,736 103,727 Zhejiang ZDDC Assets Appraisal Co., Ltd 30-Sep-10 Lot 2, No. 13, ZhungMa Street, Plaza Jin Zheng, XinanJiang Road, Jiande City, ZheJiang Province, China 311600 12,389 28,577 16,188 Zhejiang ZDDC Assets Appraisal Co., Ltd 30-Sep-10 Level 2, Guanghui Road, Zhu Yue Plaza, Gui Yang, China 558000 208,428 311,882 103,453 Zhejiang ZDDC Assets Appraisal Co., Ltd 30-Sep-10

Properties in China 7,367,947 12,068,920 4,700,973

Properties in Vanuatu

Land Lease Management, Planning and WR Carpenter (PNG) Ltd Details on page 6 5,646,113 9,853,470 4,207,357 Property Valuation Services 11-Nov-10

Properties in Vanuatu 5,646,113 9,853,470 4,207,357

Properties in Australia

19-Nov-10 and WR Carpenter (PNG) Ltd Details on page 6 24,682,485 19,678,310 (5,004,175) Herron Todd White Pty Ltd 20-Nov-10

Properties in Australia 24,682,485 19,678,310 (5,004,175)

Total 343,370,148 664,587,648 321,217,500 MBf Holdings Group Page 2 of 6 List of Land & Buildings classified under Property, plant and equipment As at 31st December 2010

PROPERTIES IN PAPUA NEW GUINEA 1.226

WR CARPENTER (PNG) LTD

Net Book Value Fair Value Revaluation Revaluation Location @ 31.12.2010 Surplus / (Deficit) Surplus / (Deficit) Name of Valuer Date of Valuation

(Kina) (Kina) (Kina) (RM)

PORT MORESBY

Lot 5, Sect. 38 Cameron Rd. Lots 10, 11, & 12 9,975,873 53,438,000 43,462,127 53,284,568 The Professional Valuers of PNG Ltd 9-Sep-10 Consol. Section 38 Cnr. Waigani Dve.

Lot 10, Sect.93 109,188 1,336,000 1,226,812 1,504,072 The Professional Valuers of PNG Ltd 26-Oct-10 Pruth St. Lot 4, Sect. 93 101,201 1,288,000 1,186,799 1,455,016 The Professional Valuers of PNG Ltd 26-Oct-10 Pruth St.

Lot 21, Sect. 42 133,720 853,000 719,280 881,837 The Professional Valuers of PNG Ltd 26-Oct-10 Baimaru St.

Lot 13, Sect. 78 146,120 2,011,000 1,864,880 2,286,343 The Professional Valuers of PNG Ltd 26-Oct-10 Nuana St.

Lot 8, Sect. 94 139,178 1,409,000 1,269,822 1,556,802 The Professional Valuers of PNG Ltd 26-Oct-10 Korobosea Dve. Lot 12, Sect. 91 63,427 1,278,000 1,214,573 1,489,066 The Professional Valuers of PNG Ltd 26-Oct-10 Korobosea Dve.

Lot 22, Sect. 115 14,531 207,000 192,469 235,967 The Professional Valuers of PNG Ltd 27-Oct-10 Jabiru Dve Lot 15, Sect. 206 14,531 247,000 232,469 285,007 The Professional Valuers of PNG Ltd 27-Oct-10 Jabiru Dve Lot 16, Sect. 206 14,531 210,000 195,469 239,645 The Professional Valuers of PNG Ltd 27-Oct-10 Jabiru Dve Lot 17, Sect. 206 14,531 197,000 182,469 223,707 The Professional Valuers of PNG Ltd 27-Oct-10 Jabiru Dve Lot 18, Sect. 206 14,531 197,000 182,469 223,707 The Professional Valuers of PNG Ltd 27-Oct-10 Jabiru Dve Lot 19, Sect. 206 14,531 199,000 184,469 226,159 The Professional Valuers of PNG Ltd 27-Oct-10 Jabiru Dve

Lot 8, Sect. 106 39,986 321,000 281,014 344,523 The Professional Valuers of PNG Ltd 27-Oct-10 Hornbill Cres. Lot 9, Sect. 106 37,022 366,000 328,978 403,327 The Professional Valuers of PNG Ltd 27-Oct-10 Hornbill Cres.

Lot 6, Sect. 20 21,459 300,000 278,541 341,491 The Professional Valuers of PNG Ltd 27-Oct-10 Pine St. Lot 8, Sect. 20 21,459 291,000 269,541 330,457 The Professional Valuers of PNG Ltd 27-Oct-10 Pine St.

Lot 119, Sect. 16 72,598 638,000 565,402 693,183 The Professional Valuers of PNG Ltd 27-Oct-10 Walnut St.

Lot 1, Sect. 451 4,414,838 10,892,000 6,477,162 7,941,001 The Professional Valuers of PNG Ltd 21-Oct-10 Daltron St.

Lot 4, Sect. 136 8,154,688 20,060,000 11,905,312 14,595,913 The Professional Valuers of PNG Ltd 21-Oct-10 Waigani Drive

Lot 15, Sect. 62 11,313,791 24,854,000 13,540,209 16,600,296 The Professional Valuers of PNG Ltd 21-Oct-10 Spring Garden Rd

Portion 797, Milinch of Granville Allotment 118, Sect. 23 Allotment 1, Sect. 27 Bomana, Off Hubert Murray Highway, 8 Mile, NCD Yorkshire Estate 22,095,564 30,662,000 8,566,436 10,502,451 The Professional Valuers of PNG Ltd 22-Oct-10

LAE

Lot 6, Sect. 74 81,836 1,384,000 1,302,164 1,596,453 The Professional Valuers of PNG Ltd 14-Oct-10 Watergum St. Lot 5, Sect. 73 38,322 1,149,000 1,110,678 1,361,691 The Professional Valuers of PNG Ltd 14-Oct-10 Watergum St.

Lot 87, Sect. 32 59,391 1,537,000 1,477,609 1,811,549 The Professional Valuers of PNG Ltd 15-Oct-10 Palm Rd.

Lot 17, Sect. 41 59,893 923,000 863,107 1,058,169 The Professional Valuers of PNG Ltd 15-Oct-10 Oleander Ave.

Lot 7, Sect. 174 92,248 1,012,000 919,752 1,127,616 The Professional Valuers of PNG Ltd 15-Oct-10 Geo Place

Lot 1, Sect. 18 3,711,181 12,528,000 8,816,819 10,809,420 The Professional Valuers of PNG Ltd 15-Oct-10 Monoro Rd.

Lot 17, Sect. 95 17,646 389,000 371,354 455,280 The Professional Valuers of PNG Ltd 15-Oct-10 Tern St.

Lot 4, Sect. 58 16,548 369,000 352,452 432,106 The Professional Valuers of PNG Ltd 15-Oct-10 Kingfisher Rd.

Lot 3 Sect. 172 1,547,022 5,397,000 3,849,978 4,720,073 The Professional Valuers of PNG Ltd 15-Oct-10 Lot 6 Sect. 172 Modilon Rd

Lot 6, Sect. 25 3,941,381 7,255,000 3,313,619 4,062,497 The Professional Valuers of PNG Ltd 15-Oct-10 Milford Haven Rd

Lot 25, Sect. 93 856,117 1,142,000 285,883 350,493 The Professional Valuers of PNG Ltd 16-Oct-10 Gannett St MBf Holdings Group Page 3 of 6 List of Land & Buildings classified under Property, plant and equipment As at 31st December 2010

PROPERTIES IN PAPUA NEW GUINEA 1.226

WR CARPENTER (PNG) LTD

Net Book Value Fair Value Revaluation Revaluation Location @ 31.12.2010 Surplus / (Deficit) Surplus / (Deficit) Name of Valuer Date of Valuation

(Kina) (Kina) (Kina) (RM)

GOROKA

Lot 17, Sect. 5 1,720,949 2,282,000 561,051 687,849 The Professional Valuers of PNG Ltd 19-Nov-10

MADANG

Lot 12, Sect. 24 4,053,000 4,053,000 4,968,978 The Professional Valuers of PNG Ltd 22-Oct-10 Modilon Rd.

Portions 1031 & 1032 (Part of Portion 914) 11,384,275 28,026,000 16,641,725 20,402,755 The Professional Valuers of PNG Ltd 22-Oct-10 Independence Drive

Lot 10, Sect. 47 945,000 945,000 1,158,570 The Professional Valuers of PNG Ltd 22-Oct-10 Regina Ave

Lot 16, Sect. 47 791,000 791,000 969,766 The Professional Valuers of PNG Ltd 22-Oct-10 off Regina ave

Lot 17, Sect. 47 670,000 670,000 821,420 The Professional Valuers of PNG Ltd 22-Oct-10 off Regina ave

Lot 2, Sect. 6 1,284,000 1,284,000 1,574,184 The Professional Valuers of PNG Ltd 22-Oct-10 Regina Ave

Lot 19, Sect. 4 1,429,000 1,429,000 1,751,954 The Professional Valuers of PNG Ltd 22-Oct-10 Kalibabo Drive

MT. HAGEN

Lot 5, Sect. 8 42,997 88,000 45,003 55,174 The Professional Valuers of PNG Ltd 19-Nov-10 Pena Place

Lot 4, Sect. 34 413,000 413,000 506,338 The Professional Valuers of PNG Ltd 19-Nov-10 Pena Place

Lot 5, Sect. 34 15,164 438,000 422,836 518,397 The Professional Valuers of PNG Ltd 19-Nov-10 Pena Place

Lot 27, Sect. 9 138,682 813,000 674,318 826,714 The Professional Valuers of PNG Ltd 19-Nov-10 Woyne Rd.

Lot 24, Sect. 42 43,187 250,000 206,813 253,553 The Professional Valuers of PNG Ltd 19-Nov-10 Kupanda St.

Portions 77/88 3,574,510 3,604,000 29,490 36,155 The Professional Valuers of PNG Ltd 12-Nov-10 Portion 410 Portion 411

Portion 74 901,457 5,779,000 4,877,543 5,979,868 The Professional Valuers of PNG Ltd 12-Nov-10

Portion 414 627,108 4,852,000 4,224,892 5,179,718 The Professional Valuers of PNG Ltd 12-Nov-10

Portion 412 127,122 583,000 455,878 558,906 The Professional Valuers of PNG Ltd 12-Nov-10

Portion 61 223,365 1,059,000 835,635 1,024,489 The Professional Valuers of PNG Ltd 12-Nov-10 Portion 26

Portion 75 368,193 2,757,000 2,388,807 2,928,677 The Professional Valuers of PNG Ltd 12-Nov-10

Portions 107,814 -818 399,850 2,845,000 2,445,150 2,997,754 The Professional Valuers of PNG Ltd 12-Nov-10

Portion 106 432,000 432,000 529,632 The Professional Valuers of PNG Ltd 12-Nov-10

RABAUL

Portion 1198 Portion 162 1,378,707 3,594,000 2,215,293 2,715,949 The Professional Valuers of PNG Ltd 6-Nov-10 Portion 188 Portion 569B

KOKOPO INLAND

Portion 243 Portion 242 Portion 244 Portion 245 Portion 231 Portion 232 Portion 233 Portion 332 2,377,365 6,647,000 4,269,635 5,234,573 The Professional Valuers of PNG Ltd 19-Nov-10

KOKOPO COASTAL

Portion 2891 6-Nov-10 Portion 2893 Portion 2894 Portion 249 Portion 80 Portion 212 Portion 251 Portion 79 1,912,884 11,442,000 9,529,116 11,682,696 The Professional Valuers of PNG Ltd 6-Nov-10 and 16-Dec-10

Total 92,584,698 269,415,000 176,830,302 216,793,950

Exchange rate = Kina 1 : RM1.2260 Total in RM 113,508,840 330,302,790 216,793,950 216,793,950 MBf Holdings Group Page 4 of 6 List of Land & Buildings classified under Property, Plant and Equipment As at 31st December 2010

PROPERTIES IN FIJI 1.6771

WR CARPENTER (SOUTH PACIFIC) LTD

Revaluation Revaluation Location Legal Description Net Book Value Fair Value Surplus / (Deficit) Surplus / (Deficit) Name of Valuer Date of Valuation @ 31.12.2010 (Fiji Dollar) (Fiji Dollar) (Fiji Dollar) (RM)

F136 Rodwell Road, Suva CT 6984; Lot 2; DP 1430 197,176 684,000 486,824 816,453 Property Solutions 1-Oct-10

F88 Narewa, Nadi CT X1/05; Folio 44 50,000 486,000 436,000 731,216 Property Solutions 1-Oct-10

F65/L201 Rosawa Street, Labasa CT 36094; Lot 1; DP 9131 844,849 1,200,000 355,151 595,624 Property Solutions 30-Dec-10

F11/F12 Nakama, Savusavu CT 9416; Lot 20; DP 2197 71,395 950,000 878,605 1,473,508 Property Solutions 30-Dec-10

F112 Nakama, Savusavu CG 932 2,417,000 2,417,000 4,053,551 Property Solutions 30-Dec-10

F112 Nakama, Savusavu Part of CG 932; Lot 1; DP 8247 43,564 63,000 19,436 32,596 Property Solutions 1-Oct-10

F7 Nasarata, Naliko, Somosomo CT X1/05; Folio 69 22,470 218,000 195,530 327,923 Property Solutions 30-Dec-10

F106 Nararo Rd, Raiwai, Suva CT 25295; Lot 23; DP 5774 185,026 442,000 256,974 430,971 Property Solutions 30-Dec-10 Nararo Rd, Raiwai, Suva CT 25286; Lot 10; DP 5774 210,739 414,000 203,261 340,889 Property Solutions 30-Dec-10

F66 NG Patel Road, Nausori CT 18215; Lots 2&4; DP 4458 1,150,294 3,800,000 2,649,706 4,443,822 Property Solutions 30-Dec-10

F149 Bau St, Flagstaff, Suva CT 18470; Lots 19-20 & 25-26; DP 2385 1,376,211 2,360,000 983,789 1,649,913 Property Solutions 30-Dec-10

F31/F122 Thomson St, Suva CT 36500; Lot 1; DP 8370 56,306,183 65,000,000 8,693,817 14,580,400 Rolle Associates 15-Nov-10

F60 Cnr Rodwell/Robertson Rds, Suva CT 14596; Lots 1-2 & 4-6; DP 2492; Lots 2-3 DP 2330 5,148,366 10,000,000 4,851,634 8,136,675 Property Solutions 30-Dec-10

F148 Cnr Mead/Princess Rd, Suva CT 21380; Lot 1-2; DP 2682 & 3649 4,249,110 5,692,000 1,442,890 2,419,871 Property Solutions 30-Dec-10

F106 Carpenter St, Raiwai, Suva CT 22341; Lot 1; DP 5588 1,024,629 3,794,000 2,769,371 4,644,512 Property Solutions 1-Oct-10

F86 Kings Road, Ba CT 26819; Lot 2; DP 3241 855,701 2,000,000 1,144,299 1,919,104 Property Solutions 30-Dec-10

Kings Road, Ba CG 1515; Lot 3; DP 3175 - 863,000 863,000 1,447,337 Property Solutions 30-Dec-10

F152 Beach St, Levuka CT Folio 725 Vol.9 177,225 322,000 144,775 242,802 Property Solutions 30-Dec-10

L325 4 Milne Road, Muanikau, Suva Crown Lease: CL 2211; Lot 46 107,528 900,000 792,472 1,329,055 Property Solutions 30-Dec-10

L336 Eliza Street, Walu Bay, Suva Crown Lease: CL 3692; Lots 3 & 4; S 1170 271,139 1,433,000 1,161,861 1,948,557 Property Solutions 1-Oct-10

L328 Argo Street, Walu Bay, Suva Crown Lease: CL 4914; Lot 1; SO 1380 1,228,545 3,050,000 1,821,455 3,054,762 Property Solutions 30-Dec-10

L330 61-63 Foster Road, Walu Bay, Suva Crown Lease: CL 4038; Lots 6-8; S 1184 938,193 2,280,000 1,341,807 2,250,345 Property Solutions 30-Dec-10

L298 Naviti Street, Lautoka Crown Lease No: L92309; Lots 7&8; Sec1; DP 279 100,620 210,000 109,380 183,441 Property Solutions 30-Dec-10

L302 Waterfront Road, Veitari, Lautoka Crown Lease: CL 4492; Lots 1-7; DP 6783 1,786,311 2,200,000 413,689 693,798 Property Solutions 30-Dec-10

L210 6-8 Saqa Lane, Lautoka Crown Lease: L 255467; Lots 1-3; DP 1819 395,191 950,000 554,809 930,470 Property Solutions 30-Dec-10

Crown Lease: CL 17576; Lots 4-7; DP 1819 4 260,000 259,996 436,039 Property Solutions 30-Dec-10

L309 Naseakula Rd, Labasa Crown Lease: L 146026; Lot 1; M 2144 77,418 755,000 677,582 1,136,373 Property Solutions 30-Dec-10

L337 Nadi Airport Native Lease: NL 27124; Lot 5; DP 5770 268,136 480,000 211,864 355,317 Property Solutions 30-Dec-10

L 332 Nadi Airport Native Lease: NL 27125; Lot 4; DP 5770 60,695 480,000 419,305 703,216 Property Solutions 30-Dec-10

L338 Argo Street/Leonidas St, Crown Lease: CL 4438; Lot 8; S 1264 2,836,337 3,300,000 463,663 777,609 Property Solutions 30-Dec-10 Walu Bay, Suva MBf Holdings Group Page 5 of 6 List of Land & Buildings classified under Property, Plant and Equipment As at 31st December 2010

PROPERTIES IN FIJI 1.6771

WR CARPENTER (SOUTH PACIFIC) LTD

Revaluation Revaluation Location Legal Description Net Book Value Fair Value Surplus / (Deficit) Surplus / (Deficit) Name of Valuer Date of Valuation @ 31.12.2010 (Fiji Dollar) (Fiji Dollar) (Fiji Dollar) (RM) L339 Naviti Street, Lautoka Crown Lease: CL 524295; Lot 12; ND 1819 827,369 1,019,000 191,631 321,384 Property Solutions 1-Oct-10

L317 22 Edinburgh Drive, Suva Crown Lease: CL 2310; Part of Section "J" 531,718 4,000,000 3,468,282 5,816,656 Property Solutions 30-Dec-10

L314 88 Foster Road, Walu Bay, Suva Crown Lease: CL 3390; Lot 1; Survey Plan No 1152 1,086,057 3,800,000 2,713,943 4,551,554 Property Solutions 30-Dec-10

L290 Naliko, Taveuni Native Lease: NL 9440 804 25,000 24,196 40,579 Property Solutions 1-Oct-10

L289 Sawanabuli, Taveuni Native Lease: NL 9352 1,794,981 1,950,000 155,019 259,982 Property Solutions 30-Dec-10

L250 Vuniduva, Somosomo, Taveuni Native Lease: NL 9353; T 151 2 127,000 126,998 212,988 Property Solutions 30-Dec-10

L196 Ellery Street, Suva Lease No: L 88716; Lot 1; Plan No 559 66,566 115,000 48,434 81,229 Property Solutions 30-Dec-10

F65/L201 Rosawa Street, Labasa Crown Lease: CL 3283 744 420,000 419,256 703,134 Property Solutions 30-Dec-10 Crown Lease: CL 116A; Lot 8; M 1631 Crown Lease: CL 2583; Lot 7; Section 26

L 322 Matua St, Walu Bay Crown Lease: CL 2440; Lots 1-6 & 10-12; DP 5588 1,599,115 3,022,000 1,422,885 2,386,320 Property Solutions 30-Dec-10

L 334 14-16 Naviti St, Lautoka Crown Lease: CL 710144; Lot 1-5; ND 1819 2,467,985 5,000,000 2,532,015 4,246,442 Property Solutions 30-Dec-10

L 297 Main St, Nadi Native Lease: NL 10288; Lot 11-14; ND 4113 1,781,790 3,000,000 1,218,210 2,043,060 Property Solutions 30-Dec-10

L 222 Namotomoto,Queens Rd,Nadi Native Lease: NL 12178; Lot 2; ND 2926 222,757 403,000 180,243 302,286 Property Solutions 30-Dec-10

L 335 Naseakula Rd, Labasa Crown Lease: CL 1624; Allot 1; Sec 1 196,321 362,000 165,679 277,860 Property Solutions 1-Oct-10 Crown Lease: CL 1625; Allot 2; Sec 1

L342 Nadi Back Road, Nadi Crown Lease: CL 14579; Lot 28; SO 4370 1,318,910 1,840,000 521,090 873,920 Property Solutions 1-Oct-10

L345 Eliza Street, Walu Bay, Suva Crown Lease: CL 13130; Lot 1 on SO 1151 146,040 742,000 595,960 999,485 Property Solutions 30-Dec-10

L346 23 Bouwalu Street, Namoli, Lautoka Native Lease: NL14054; Lot 11; Section 33 246,832 300,000 53,168 89,168 Property Solutions 30-Dec-10

L347 Natabua, Lautoka Crown Lease: CL16739; Lot 3; SO 5419 3,307,775 3,850,000 542,225 909,366 Property Solutions 30-Dec-10

F154 Mika Dreu Place, Suva CT 19333; Lot 1; DP 5039 130,019 155,000 24,981 41,896 Property Solutions 1-Oct-10 CT 17396; Lot 1; DP 4101 429,273 517,000 87,727 147,127 Property Solutions 1-Oct-10

L348 Clarke St, Suva Crown Lease: CL 11784; Lot 2; SO 720 1,565,508 1,600,000 34,492 57,847 Property Solutions 1-Oct-10

F153 Rodwell Rd, Suva CT 11079; Lot 1; DP 2699 319,192 472,000 152,808 256,274 Property Solutions 1-Oct-10 CT 20313; Lot 2; DP 2943 25,698 38,000 12,302 20,632 Property Solutions 1-Oct-10 CT 18861; Lot 2; DP 3227 804,575 930,000 125,425 210,350 Property Solutions 30-Dec-10 CT 18862; Lot 3: DP 3227 190,027 281,000 90,973 152,571 Property Solutions 1-Oct-10

L349 Wailada Industrial, Lami Native Lease: NL 16026; Lot 31; S 1443 229,471 455,000 225,529 378,235 Property Solutions 1-Oct-10

Total 99,272,584 151,426,000 52,153,416 87,466,494

Exchange rate = FJD 1 : RM1.6771 Total in RM 166,490,051 253,956,545 87,466,494 87,466,494 MBf Holdings Group Page 6 of 6 List of Land & Buildings classified under Property, plant and equipment As at 31st December 2010

PROPERTIES IN AUSTRALIA 3.1435

WR CARPENTER (PNG) LTD

Net Book Value Fair Value Revaluation Revaluation @ 31.12.2010 Surplus / (Deficit) Surplus / (Deficit) Name of valuer Date of valuation LOCATION (AUD) (AUD) (AUD) (RM)

Lot 5058 3,688,416 2,900,000 (788,416) (2,478,386) Herron Todd White North Queensland Pty Ltd 19-Nov-10 Lot 4 Morecambe Station Gunnawarra Road South of Mount Garnet Queensland

Millaa Millaa 4,163,496 3,360,000 (803,496) (2,525,790) Herron Todd White (Cairns) Pty Ltd 20-Nov-10 264 Watson Road, Millaa Millaa 4886 Queensland

Total 7,851,912 6,260,000 (1,591,912) (5,004,175)

Exchange rate = AUD 1 : RM3.1435 Total in RM 24,682,485 19,678,310 (5,004,175) (5,004,175)

PROPERTIES IN VANUATU 0.033

WR CARPENTER (PNG) LTD

Net Book Value Fair Value Revaluation Revaluation @ 31.12.2010 Surplus / (Deficit) Surplus / (Deficit) Name of valuer Date of valuation LOCATION (Vatu) (Vatu) (Vatu) (RM) Land Lease Management, Planning and 11/0x23/004 138,283,983 268,357,000 130,073,017 4,292,410 Property Valuation Services 11-Nov-10 11/0x23/005 Nambatri, Port Villa

Land Lease Management, Planning and 11/0B22/071 32,810,336 30,233,000 (2,577,336) (85,052) Property Valuation Services 11-Nov-10 Nambatu, Port Villa

Total 171,094,319 298,590,000 127,495,681 4,207,357

Exchange rate = Vatu 1 : RM0.0330 Total in RM 5,646,113 9,853,470 4,207,357 4,207,357