| 
| Entitlement Details: | 
Bonus issue of 336,302,604 new ordinary shares of RM0.75 each in S P Setia 
Berhad ("S P Setia")("S P Setia Shares") on the basis of 
one (1) bonus share for every two (2) existing S P Setia Shares held ("Bonus 
Issue") | 
 | 
| Entitlement Type: | Bonus Issue | 
| Entitlement Date and Time: | 19/12/2007  05:00 PM | 
| Year Ending/Period Ending/Ended Date: |  | 
| EX Date: | 17/12/2007 | 
| To SCANS Date: |  | 
| Payment Date: |  | 
| Interest Payment Period: |  | 
| Rights Issue Price: | 0.000 | 
| Trading of Rights Start On: |  | 
| Trading of Rights End On: |  | 
| Stock Par Value: | 0.75 | 
 | 
| Share transfer book & register of members will be closed from 19/12/2007 to 19/12/2007 (both dates inclusive) for the purpose of determining the entitlements  | 
 | 
| A Depositor shall qualify for the entitlement in respect of:  | 
| - Securities transferred into the Depositor's Securities Account before 19/12/2007 04:00 PM in respect of ordinary transfers.  | 
- Securities transferred into the Depositor's Securities Account before  
   in respect of express transfers.  | 
- Securities deposited into the Depositor's Securities Account before  
   in respect of securities exempted from mandatory deposit.  | 
- Securities not withdrawn from the Depositor's Securities Account as at  
  .  | 
| - Securities bought on KLSE on a cum entitlement basis according to the Rules of the KLSE.  | 
 | 
| Registrar's Name and Contact: | 
Systems & Securities Sdn Bhd, Wisma Selangor Dredging, 6th Floor, South Block, 
142-A, Jalan Ampang,  50450 Kuala Lumpur 
  Tel : (603) 2161 5466   Fax : (603) 2163 6968 | 
 | 
| Remarks: | 
Unless stated otherwise, definitions used in this announcement shall carry the 
same meaning as defined in the circular to shareholders dated 19 October 2007. 
The number of Bonus Shares to be listed and quoted is 336,302,604 S P Setia 
Shares. 
As the Bonus Issue is conditional upon, inter alia, the Offer for Sale, the 
Bonus Shares will be listed and quoted together with the listing of and 
quotation for the Warrants under the Offer for Sale.[For full details of this 
announcement, please access Bursa Malaysia's Website] |