FOR IMMEDIATE RELEASE

Signal Hill celebrates luxurious living The best keeps getting better as three milestones are unveiled for the Signal Hill Collection

KUALA LUMPUR, Thursday 15 March 2007 – SBC CORPORATION BERHAD (KLSE: SBCCORP/

5207), a progressive Construction and Property Development Group of Companies listed on the main

board of the Kuala Lumpur Stock Exchange is proud to outline plans for their East Malaysia activities.

The branded “Peak” series set within a master planned community, aptly named “The Signal Hill

Collection” (SHC), because of its location at that venerable address, is situated at the promontory of

Tanjung Lipat and covers 30 acres of prime sea and bay view real estate.

Already located at Kota Kinabalu’s (KK’s) most sought after location, “SHC’s roll out is expected to

alleviate the much needed demand at the luxurious segment of the ever broadening residential Sabah

(Borneo) market as the state hurtles through a catch up mode with other parts of the country, both due to

the discovery of oil reserves and fast growing North Asia tourist arrivals“.

The Peak Suites The Peak Suites, the third phase of “The Signal Hill Collection” is a boutique-sized investment property

complete with condominium facilities and on-demand services. With its tagline of ‘a daring new approach

to contemporary living’, The Peak Suites plans to offer supportive amenities beyond the normal. SBC

CORP BHD is also pleased to announce their first milestone, which is all 72 units have been sold within a

month of its soft launch.

Signal Hill Park The second phase of SBC’s Signal Hill Collection, Signal Hill Park, offers an affordable alternative to The

Peak Condominium and is set within a gated community. SBC CORP BHD is also pleased to announce

these largely owner occupier units have now all received their Occupational Certificate, culminating the

second milestone of SBC CORP BHD’s Signal Hill Collection development.

The Peak Condominiums

Last but not least, The Peak Condominium, the first phase of The Signal Hill Collection has so far

witnessed capital appreciation well in excess of 40% and rental yields exceeding 10% per annum and has

been the vanguard and condominium of choice for most expatriates and well heeled locals. SBC CORP

BHD would like to announce their third milestone, which is that Strata Titles are now fully issued for all the

units of The Peak Condominium.

Our wish to all our SHC residents and owners is that we continue to strive to develop many more such

desired homes going forward as well as providing a property management program that promotes further

appreciation in the value of their property while they enjoy condo and gated living with unparrelled

panoramic views of the Kinabalu mountain range, South China Sea, Likas Bay and this proximity to the

city.

For further information and availability of The Signal Hill Collection, please contact SBC CORPORATION

BERHAD’s Kota Kinabalu Sales Office on SBC’s national sales tollfree number 1800 88 9288 or + 60 88 266 366 or e-mail to enquiries@sbcgroup.com.my

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An SBC CORPORATION BHD Press Pack is available as a download at www.sbcgroup.com.my

About SBC CORPORATION BERHAD Founded in 1954 and formerly known as Siah Brothers, SBC CORPORATION BERHAD is a progressive construction and property development Group of Companies listed on the main board of Bursa Malaysia Berhad. Over the past five decades, SBC has significantly helped to build and contribute to the wealth of our national skyline with numerous landmark buildings, from the Empire Tower and Bank Negara, to the award-winning Menara Mesiniaga, employing innovative designs and construction methods. SBC’s long established experience and well proven track record of on-time delivery continues; building upon their heritage and delivering accessibly priced, design led solutions for their customers, partners and investors alike.

Media Contacts: SBC CORPORATION BERHAD

Stephen Hodgson Brand Communications Consultant t + 60 3-4041 8118 f + 60 3-4043 5281 e shodgson@sbcgroup.com.my

ROOTS, Shoots & Froots Sdn Bhd PUBLIC RELATIONS Alex Ooi/Ooi Thien Eu t + 60 3-7494 0292 e alex@roots.com.my / thieneu@roots.com.my