TFP SOLUTIONS BERHAD

PUBLIC ISSUE OF 24,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN TFP SOLUTIONS BERHAD (“TFP SHARES”) AT AN ISSUE PRICE OF RM0.48 PER TFP SHARE (“PUBLIC ISSUE”) PAYABLE IN FULL ON APPLICATION.

Kuala Lumpur, 15 February 2008 – MIDF Consultancy and Corporate Services Sendirian Berhad (MIDFCCS) wishes to announce that the Public Issue shares of TFP Solutions Berhad (TFP Shares) made available for public subscription has been oversubscribed.

The Public Issue exercise comprises the following:

• 4,000,000 New TFP Shares available for application by eligible directors, employees and business associates of TFP Solutions Berhad and its subsidiary companies and associate company;
• 15,000,000 New TFP Shares for placement to selected investors; and
• 5,000,000 New TFP Shares available for application by the public
and Bonus Issue of one (1) new TFP share to be issued and credited as fully paid-up for every two (2) TFP shares held after the public issue.

For the 5,000,000 New TFP shares made available for public subscription, a total of 4,956 applications for 105,547,200 shares with a value of RM50,662,656.00 were received from the Malaysian public. This represents an overall oversubscription rate of 20.11 times.

The 15,000,000 New TFP shares made available for private placement have been fully placed out by the placement agent.

Notices of Allotment will be dispatched by post to all successful applicants on or before February 21, 2008.

The Adviser, Underwriter and Placement Agent for this initial public offering is Kenanga Investment Bank Berhad.