WCT BERHAD

Award of Build-Operate-Transfer (“BOT”) Concession by Malaysia Airports Holdings Berhad - Integrated Complex at the New Low Cost Carrier Terminal at Kuala Lumpur International Airport, Sepang, Selangor, Malaysia The Board of Directors of WCT Berhad (“WCT” or “the Company”) wishes to announce that the Company has on 7th October 2010 accepted the award of a BOT Concession by Malaysia Airports Holdings Berhad (“MAHB”) vide a Letter of Acceptance to undertake the Privatisation of the Development of an Integrated Complex and All Associated Works at the New Low Cost Carrier Terminal (KLIA2) (“Integrated Complex”) at the Kuala Lumpur International Airport (KLIA), Sepang, Selangor, Malaysia, on a Build-Operate-Transfer Model for a Concession Period of up to twenty-five (25) Years (“Concession”). Upon its expiry, the Concession Period may be extended for a further ten (10) years subject to the terms and conditions to be mutually agreed by WCT and MAHB.Pursuant to the Letter of Acceptance, WCT and MAHB will jointly undertake the Concession via a special purpose vehicle (“SPV”) subject to the execution of the Concession Agreement upon such further terms and conditions to be mutually agreed upon. WCT’s and MAHB’s equity interest in the SPV shall be in the proportion of 70% and 30% respectively.