Media Releases

Singapore’s largest waste management company, Semac, has secured five municipal sectors from the Ministry of Environment (ENV) with the lowest bids to provide refuse collection and disposal services.

SembCorp Industries wishes to announce that itswholly-owned subsidiary, SembCorp Utilities Pte Ltd (formerly known as SembCorp Engineering Pte Ltd), has on February 2, 2001 acquired half of the shares heldby EDB Investments Pte Ltd (EDBI) in the capital of SembCorp Cogen Pte Ltd comprising 6,780,000 ordinary shares of par value S$1.00 each and 250 redeemable preference shares of par value S$1.00 with a premium of S$9,999 each for a total consideration of $11.16 million.

Sembcorp Industries wishes to announce the establishment of a sponsored Level 1 American Depository Receipt Program for Sembcorp Industries by the Bank of New York effective February 1,2001.

Quick Information on our Level 1 ADR Programme

In Singapore today, a ceremony was held to mark the first delivery of natural gas from Indonesian state-owned company Pertamina to SembCorp Gas (SembGas), a subsidiary of SembCorp Industries.

Pursuant to Clause 902(3)(c) ofthe Listing Manual of the Singapore Exchange Securities Trading Limited, weconfirm that, as far as to our knowledge, as at to date, none of the persons holding managerial positions in the Company is related to a director or substantial shareholder of the Company or of any of its subsidiaries.

SembCorp Gas (SembGas), a 50 percent-owned unit of SembCorp Utilities, received its first supply of natural gas from Indonesia's West Natuna Sea on January 3 this year.

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