Interim Financial Report

PLENITUDE BHD
(Company No : 531086-T)
(Incorporated in Malaysia)

B. EXPLANATORY NOTES IN COMPLIANCE WITH BURSA MALAYSIA
REQUIREMENT UNDER PART A OF APPENDIX 9B

Review of Performance of the Company and its Principal subsidiaries

The Group achieved a profit after tax of RM56.5 million on the back of revenue of RM238.2 million for the current year-to-date under review. This performance was mainly attributable to progressive profit recognised on properties sold, completed and handed over in respect of Taman Desa Tebrau in Johor, Taman Putra Prima in Selangor, Bandar Perdana in Kedah, The Residences and Changkat View in Sri Hartamas, Kuala Lumpur. Apart from the profit contributed from property development projects, Tanjung Bungah Beach Hotel in Penang has also contributed 2% to the Group’s net profit.

Material changes in the Quarterly Results compared to the results of the Preceding Quarter

The profit after tax and revenue for the current quarter are RM21.3 million and RM90.9 million as compared to RM14.3 million and RM63.4 million, respectively for the immediate preceding quarter.

Prospects for the Current Financial Year

Based on the Group’s commitment on the timely completion of the on-going projects and barring any unforeseen circumstances, the Board of Directors is fairly optimistic that the Group would be able to continue to record satisfactory results in financial year 2008.

Variance of Actual Profit from Forecast Profit

Not applicable as no profit forecast was published for this quarter.

Income Tax

Income tax comprises:

FOURTH QUARTER			CUMULATIVE
	Current Year Quarter 30/06/2007 RM'000	Preceding Year Corresponding Quarter 30/06/2006 RM'000	Current Year To Date 30/06/2007 RM'000	Preceding Year Corresponding Period 30/06/2006 RM'000
Income Taxation	14,372	13,295	29.891	29.752
Deferred taxation	(3,687)	(6,961)	(3,687)	(6,961)

	10,685	6,334	26,204	22,791

Profit on Sale of Unquoted Investments and/or Properties

There is no sale of unquoted investments and/or properties for the current quarter and financial year-to-date.

Quoted Securities

a) There was no purchase or disposal of quoted securities in the current financial year to
date; and.
b) There was no investment in quoted shares held as at end of the reporting year.

Group Borrowings and Debt Securities

The Group's borrowings as at 30 June 2007 are as follows :-


	RM'000
Short term borrowings (secured)	27,334
Long term borrowings (secured)	11,000

	38,334

There are no borrowings in foreign currency.

Off Balance Sheet Financial Instruments

There were no financial instruments with off balance sheet risk for the quarter ended 30 June 2007.

10.

Material Litigation

There is no material litigation which will adversely affect the position or business of the Group.

11.

Dividends

No dividend has been declared for the current quarter ended 30 June 2007.

12.

Subsequent Event

Subsequent to the closing of financial year ended 30 June 2007, Plenitude Tebrau Sdn Bhd, a wholly-owned subsidiary of Plenitude Berhad, had on 20 July 2007 entered into a conditional Sale and Purchase Agreement with Permodalan Eramaju Sdn Bhd for the disposal of a freehold land measuring approximately 36.94 acres (1,609,150 square feet), located in Mukim Tebrau, Daerah Johor Bahru Darul Takzim for a total cash consideration of RM64.366 million. The said disposal was announced to Bursa Malaysia and shareholders on 20 July 2007. 30 June 2007.

13.

Earnings Per share

	FOURTH QUARTER		CUMULATIVE
Description	Current Year Quarter 30/06/2007 ('000)	Preceding Year Corresponding Quarter 30/06/2006 ('000)	Current Year To Date 30/06/2007 ('000)	Preceding Year Corresponding Period 30/06/2006 ('000)
Net Profit attributable to shareholders (RM'000)	21,340	13,392	56,463	52,390

Number of ordinary shares in issue ('000)	135,000	135,000	135,000	135,000
Basic earnings per share (sen)	15.81	9.92	41.82	38.81

B.

EXPLANATORY NOTES IN COMPLIANCE WITH BURSA MALAYSIA REQUIREMENT UNDER PART A OF APPENDIX 9B

EXPLANATORY NOTES IN COMPLIANCE WITH BURSA MALAYSIA
REQUIREMENT UNDER PART A OF APPENDIX 9B