News

Award Of Contract

BBR Holdings (S) Ltd (the "Company") wishes to announce that Singa Development Pte Ltd, a wholly-owned subsidiary of Singapore Piling & Civil Engineering Private Limited, has been awarded a contract by the Ministry of Education to build and alter the existing Junyuan Primary School at No. 2 Tampines Street 91, Singapore. The contract sum is approximately S$26.4 million and contract duration is approximately 16 months. Work for this project has started and is expected to be completed by October 2009.

There is no material impact on the earnings per share or net tangible asset per asset of the Company for current financial year ending 31 December 2008.

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