SOUTHERN ACIDS (M) BERHAD Shareholders’ Briefing Audited FY10 Results 28 October 2010 DELIVERING QUALITY SINCE 1981

Contents 2 1. Group Financial Highlights 5. Share Price Performance 4. Dividend Record 2. Review of Major Operations 3. 5-Year Financial Performance

3 Group Financial Highlights Group Financial Highlights

4 FINANCIAL RESULTS FOR THE YEAR ENDED 30 APR 2010 Oleochemical Palm Oil Plantation Healthcare Warehousing & Port Cargo Handling Investment & management Continuing Operations

5 FINANCIAL RESULTS FOR THE YEAR ENDED 30 APR , , (RM’000)2009 (RM’000) Change 3% 4% 611% 435,246 30, ,154 4,321 Profit before Tax (PBT) Operating expenses Revenue CONTINUING OPERATIONS 8.50 sen (2.86 sen) Earnings / (loss) per share (EPS) 20,271 Profit after Tax (PAT) %

6 Financial Ratios 2009 (RM’000) Returns on capital employed 8.5% (2.8%) RM2.91 RM2.81 Net assets per share attributable to shareholders (2.86 sen) 8.50 sen Earnings / (loss) per share 2010 (RM’000) CONTINUING OPERATIONS ,271 Profit After Tax for the year 2093% 3.6 % RM2.73 RM2.68 Net Tangible Asset /share 2%

Segmental Information REVENUE FOR THE YEAR ENDED 30 APRIL 2010

8 Oleochemical 68% Oleochemical 68% Palm oil plantation 18% Palm oil plantation 18% Investment & others 1% Investment & others 1% Warehousing & port cargo handling 1% Warehousing & port cargo handling 1% Healthcare 12% Total Revenue Continuing Operations RM mil Total Revenue Continuing Operations RM mil

Segmental Information OPERATING PROFIT FOR THE YEAR ENDED 30 APRIL 2010

10 Oleochemical 21% Oleochemical 21% Palm oil plantation 92% Palm oil plantation 92% Investment & others -3% Investment & others -3% Warehousing & Port cargo handling 9% Warehousing & Port cargo handling 9% Healthcare -18% Total Operating Profit Continuing Operations RM mil Total Operating Profit Continuing Operations RM mil

11 Review Of Major Operations Review Of Major Operations

Review of Major Operations 12 Oleochemical  Demand for our oleochemical products remained strong due to aggressive marketing & pricing strategy and dynamic production modules to suit customers’ needs.  Revenue in 2010 was marginally lower by 2% when compared to 2009 as a result of a stronger Ringgit. Over 80% of the revenue derived from overseas markets.  Despite a lower revenue, the oleochemical division staged a turnaround from a loss of RM mil to a profit of RM6.089 mil mainly due to lower forex loss. RM’000 2% 316 %

Review of Major Operations 13 Palm Oil Plantation  A steady demand market  Greater harvest & availability of FFB  Higher palm oil extraction rate (OER)  Higher crude palm oil price All these have contributed to increase in both revenue and profitability of our palm oil division. RM’000 79% 26% 61%

Review of Major Operations 14 Private Healthcare  Our Sri Kota Medical Specialist Centre continued to operate in a highly competitive environment with many new competitors blooming in the surrounding areas. Despite the stiff competitions, revenue increased by 4% from RM mil to RM mil. Higher patient registration contributed to 4.1% increase in revenue. Increased loss due to non-recurrent expenses brought to account in FY2010. Aggressive marketing and pursuing MSQH Accreditation to tap into Health Tourism market. 4% (82%) RM’000

Review of Major Operations 15 Warehouse & Conveying Demand for our warehousing and port cargo handling services, which cater specifically for the export of palm kernel expellers from the Klang valley areas, continued to remain stable. Revenue increased by 23% from RM5.6 mil to RM6.9 mil. Profitability improved 17% from RM2.354 mil to RM2.752 mil. Improved result was due to higher revenue from warehouse rental RM’000 17% 23%

16 5-Year Financial Performance 5-Year Financial Performance

5-Year PBT of SAB Group 17 RM’000 Year

18 Dividend Record Dividend Record

Dividend Record 19 DividendNet Payout Ratio Per ShareDividend GrossNetPaid/payableYieldGroup Year (sen) (RM’000)(%) , , , , ,

20 Share Price Performance Share Price Performance

Share Price Performance

July to Oct. 2010