PJI HOLDINGS BERHAD

Letter of Award to KEJURUTERAAN TROLKA SDN. BHD. (“KTSB”) by BLACKSTONE SEVEN SDN. BHD. (“BSSB”)

The Board of Directors of PJI wishes to announce that Kejuruteraan Trolka Sdn. Bhd. (Company No.157615-W) ("KTSB"), a wholly owned subsidiary of the Company has on 14 January 2010 accepted a Letter of Award from Blackstone Seven Sdn. Bhd. (Company No.826048-V) ("BSSB") for Piling and Building Works for “Cadangan Membina 1 Blok Bangunan Komersial Yang Terdiri Daripada: (A) Menara Pejabat 16 Tingkat Yang Mengandungi 1 Tingkat Ruang Niaga, 8 Tingkat Tempat Letak Kereta, 6 Tingkat Ruang Pejabat Berserta 1 Aras Penthouse, (B) Kedai Pejabat 5-7 Tingkat Dengan Mezanin Di Tingkat Bawah Dan Tempat Letak Kereta Di Atas Bumbung, Di Atas 1 Aras Basement Tempat Letak Kereta Di Lot PT No.3628, H.S.(D) 78002, Jalan SS6/6, Kelana Jaya, Selangor Darul Ehsan” (“the Proposed Project”).KTSB shall be the Main Contractor for the constructions works of the Proposed Project. The Contract Sum of the Proposed Project is RM30,665,335.00 (Ringgit Malaysia Thirty Million Six Hundred Fifty Five Thousand Three Hundred Thirty Five only).