FEDERAL INTERNATIONAL (2000) LTD

ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMBER 2000


In compliance with Clause 9A10(2) of the Listing Manual, the Directors of Federal International (2000) Ltd would like to announce that the aggregate value of interested person transactions conducted pursuant to the Shareholders' Mandate which took effect from 21st August 2000 to the financial year ended 31 December 2000 was S$2.55 million.