1

PPB GROUP BERHAD

Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements aremerely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no relianceshould be placed on any forward-looking statements, express or implied, contained in this presentation.

Analyst & Press BriefingUnaudited 1H10 Results2 September 2010

Agenda

2

1. Group Financial Highlights

6. Share Information

5. Prospects for 2010

4. Dividend Record

2. Review of Major Operations

3. 5-Year Financial Performance

3

GroupFinancial

Highlights

4

Financial Results FOR THE PERIOD ENDED 30 JUNE 2010

Continuing Operations

Grains Trading, Flour & Feed Milling

Consumer Products Distribution

Film Exhibition & Distribution

Waste Management & Utilities

Property Development, Management &Investment

Others

5

Financial Results FOR THE PERIOD ENDED 30 JUNE

1.085 bil 1.039 bil2010 (RM) 2009 (RM) Change

4.4%

2.0%

0.4%

981.3 mil

628.5 mil

961.8 mil

626.1 milPBT*

Operating Expenses

Revenue

CONTINUING OPERATIONS

0.2%50.98 sen 50.87 senEPS

608.3 milProfit for the Period 610.3 mil 0.3%

12.9%452.3 mil 519.5 mil* Note :-Share of Wilmar’s Profit

Financial Ratios

2009

ROE Attributable to Shareholders 10.2% 5.0%

RM11.93 RM11.35Net Assets Per Share Attributable to Shareholders

56.5 sen121.7 senEPS

2010 CONTINUING & DISCONTINUED OPERATIONS

RM676.5 milRM1.447 bil*Profit for the Period 113.9%

5.1%

115.4%

* Includes gain on sale of the sugar-related assets of RM838 million.

5.2%

Segmental InformationFOR THE PERIOD ENDED 30 JUNE 2010

7

Grains Trading,Flour & Feed

Milling49.94%

Waste Management &

Utilities2.88%

Film Exhibition11.06%

Property2.02%

Others*18.71%

Total RevenueContinuing OperationsRM1.085 billion

*Others :-• Chemicals Trading &

Manufacturing [5.28%]• Livestock Farming [3.72%]• Dividends [3.06%]• Packaging [2.53%]• Engineering [2.66%]• Shipping [0.84%]• Others [0.62%]

ConsumerProducts15.39%

Segmental InformationFOR THE PERIOD ENDED 30 JUNE 2010

8

Grains Trading,Flour & Feed

Milling30.34%

Film Exhibition12.29%

Property5.25%

Others*48.38%

Total Segment Profits

Continuing OperationsRM193 million

*Others :-• Investment Income [43.17%]• Engineering [3.30%]• Shipping [2.69%]• Others [-0.78%]

Consumer Products

3.74%

9

ReviewOf

MajorOperations

Review of Major Operations

10

GRAINS TRADING, FLOUR ANDFEED MILLING

Although flour sales increased due to the contribution from the new flourmill in Cilegon, Indonesia, selling price was relatively lower compared to 1H09. With the lower sales volume of animal feed, segment revenue was marginally lower.

Operating profit increased 3-folds due to lower raw material prices which contributed to higher profit margins.

RM MILLION 1.0%

196%

Review of Major Operations

11

CONSUMER PRODUCTS DISTRIBUTION

Revenue and Operating Profit improved as all major agency products performed exceptionally well, ahead of the previous corresponding period sales.

The major in-house products, edible oils, are under the government’s subsidy scheme and sales are limited to the same quota given for the past 2 years.

RM MILLION

11%

10%

Review of Major Operations

12

FILM EXHIBITION AND DISTRIBUTION

Revenue for 1H10 increased due to the opening of 3 new cinemas, namely, GSC Suria Sabah, GSC Tropicana and GSC East Coast Mall and additional screens at GSC IOI in year 2009 as well as higher admissions at existing cinemas.

Operating profit improved due to higher admissions from the strong release of films and the pick up in performance of newly opened cinemas.

36%

93%

Review of Major Operations

13

ENVIRONMENTAL ENGINEERING, WASTE MANAGEMENT & UTILITIES

RM MILLION

45%

53%

Revenue and Operating Profit for 1H10 were lower as most of the carried over projects from 2009 were near completion stage in 1H10. Contribution from the newly secured projects will only be recognised in the 2H10.

Review of Major Operations

14

PROPERTY INVESTMENT AND DEVELOPMENT

Revenue for 1H10 improved due to sale of more residential units under the Taman Mentari project in Bedong, Kedah.

Operating profit reduced marginally as there were no new projects launched during the year. The 2nd Phase of 13 units bungalows in Bukit Segar, Cheraswill be launched in the 4Q10.

RM MILLION

4%

7%

15

5-YearFinancial

Performance

5-Year PBT of PPB Group

16

RM Million

Year

N1

N1 – Includes gain on sale of sugar-related assets of RM838 million.

17

DividendRecord

Dividend Record

18

Dividend Net Net Payout RatioPer Share Dividend DividendGross Net Paid/payable Yield Group Company

Year (sen) (sen) (RM Million) (%) (%) (%)2010

InterimSpecial

56570

56570

59,275770,575829,850

4.38 57.5 59.7

2009 73 73 865.415 4.6 53.6 14.82008 85 68.88 816.572 7.4 63.5 116.02007 30 22.15 262.588 2.0 41.9 63.72006 20 14.55 172.490 2.7 30.8 103.6

*The Board declared a special single tier dividend of 65 sen per share and an interim single tier dividend of 5 sen per share for the financial year 2010 payable on 28 September 2010.

19

Prospectsfor

2010

20

Prospects for 2010

Golden Screen Cinemas plans to roll out more digital projection system with the demand for more 3D movies and continue to open new cinemas in key locations.

The recent increase in commodity prices and uncertainties in currency exchange rates would have an impact in grains trading, flour and feed milling division. Nevertheless, FFM Group had put in measures to manage these factors.

The Group plans to launch its bakery business in Pulau Indah which is synergistic to its existing businesses.

21

Prospects for 2010The Property division will continue explore new land bank at strategic locations and will continue to review and strategise to ensure business growth and profitability.

Profit for the financial year 2010 will be higher than that of the previous year with the gain from the sale of the sugar-related assets.

The Malaysian Retailer-Chains Association (MRCA) expects the local retail market to grow 5% to 8% in 2010 compared with a contraction of 2% to 3% in 2009. The Consumer Products Distribution Division is confident to perform well with the increased trade activities from the forthcoming Hari Raya celebration.

22

ShareInformation

1,200.00

1,230.00

1,260.00

1,290.00

1,320.00

1,350.00

1,380.00

1,410.00

1,440.00

15.00

15.50

16.00

16.50

17.00

17.50

18.00

18.50

Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug

PPB

Sha

re P

rice

(RM

)

FTSE

Bur

sa K

LCI

PPB FTSE Bursa KLCI

PPB (30.8.10) →RM17.08

FTSE Bursa KLCI(30.8.10) →1,422.49

Share Performance

2009 2010

24

Questions&

Answers