ECS ICT BERHAD

PUBLIC ISSUE OF 27,000,000 NEW ORDINARY SHARES AND OFFER FOR SALE OF 20,000,000 ORDINARY SHARES OF RM0.50 EACH AT AN ISSUE/OFFER PRICE OF RM1.46 PER ORDINARY SHARE PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH THE LISTING OF ECS ICT BERHAD ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD

MIDF Consultancy and Corporate Services Sdn Bhd (MIDFCCS) wishes to announce that the Public Issue / Offer for Sale shares of ECS ICT Berhad (ECSB) made available for public subscription has been oversubscribed.

The Public Issue and Offer for Sale exercise comprises: -

Public Issue of 27,000,000 New Ordinary Shares of RM0.50 each comprising:-

• 10,000,000 new Ordinary Shares of RM0.50 each made available for application by the Malaysian Public;

• 3,600,000 new Ordinary Shares of RM0.50 each available for application by the eligible directors, employees and business associates of ECS ICT Berhad and its subsidiaries; and

• 13,400,000 new ordinary shares of RM0.50 each made available for application via private placement.

Offer for Sale of up to 20,000,000 ordinary shares of RM0.50 each via private placement.

For the 10,000,000 shares made available for public subscription, a total of 7,097 applications for 78,795,600 shares with a value of RM115,041,576.00 were received from the Malaysian public. This represents an overall over subscription rate of 6.88 times. For the Bumiputera portion, a total of 2,202 applications for 18,691,800 shares were received which represents a subscription rate of 5.23 times.

All 13,400,000 new shares made available by way of private placement under the public issue have been fully placed out.

A total of 15,692,000 shares have been placed out under the Offer for Sale. As provided in the Prospectus of ECSB dated 19 March 2010, the minimum and maximum number of shares to be placed out by the offerors is 2,600,000 shares and 20,000,000 shares respectively.

Notices of Allotment will be dispatched by post to all successful applicants on or before April 8, 2010.

MIMB Investment Bank Berhad (a member of EON Bank Group) is the Adviser and Sole Underwriter. MIMB Investment Bank Berhad and CIMB Investment Bank Berhad are the Co-Placement Agents.

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• ECS ICT Berhad Basis Of Allotment