Press Releases MARC PLACES FABER GROUP BERHAD’S (FABER) RM1,561,652,149 NOMINAL VALUE OF ZERO COUPON REDEEMABLE CONVERTIBLE BONDS (RCB) RATING ON MARCWATCH WITH DEVELOPING OUTLOOK

Friday, Mar 14, 2003

MARC has placed the BB- (Double B Minus) rating of Faber’s Redeemable Convertible Bonds (RCB) on MARCWatch with developing outlook on 14 March 2003. This is premised on the current negotiations for the restructuring of the RCB.