NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES EVERGREEN FIBREBOARD BERHAD ("EFB") I. PROPOSED PRIVATE PLACEMENT II. PROPOSED BONUS ISSUE

We refer to the announcements dated 20 November 2015, 23 November 2015, 25 November 2015 and 30 November 2015 in relation to Proposals ("Announcements"). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.

On behalf of EFB, CIMB Investment Bank Berhad wishes to announce that the Proposed Private Placement has been completed following the listing of and quotation for 51,290,000 Placement Shares on the Main Market of Bursa Malaysia Securities Berhad today.

This announcement is dated 1 December 2015.