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SIME DARBY STATEMENT ON SOUTH AFRICA COMPETITION COMMISSION RAID

SIME DARBY WILL COOPERATE WITH SOUTH AFRICAN AUTHORITIES  Kuala Lumpur, 3 April 2014 - With reference to media reports and the statement issued by the Competition Commission of South Africa, Sime Darby Hudson & Knight Pty Ltd would like to confirm that we are in the midst of gathering further information on current investigations into alleged contravention of the South Africa’s Competition Act. We are treating the matter with the utmost urgency.  Sime Darby adheres strictly to its business principles which include compliance with all applicable laws, rules and regulations in the countries in which it operates, as well as fair business practices. As such, we are treating this development seriously and we will provide full co-operation to the authorities in this investigation. ends