Listed Companies' Announcement

FEDERAL INTERNATIONAL (2000) LTD

FEDERAL FIRE ENGINEERING PTE LTD


The Directors of Federal International (2000) Ltd ("the Company") would like to announce that the Company has acquired 2 ordinary shares of $1.00 each in the capital of Federal Fire Engineering Pte Ltd ("Federal Fire") from Mr Koh Kian Kiong and Mr Anthony Lim Tek Hua, representing 100% of the issued and paid-up capital of Federal Fire for a total of consideration of $2.00.

The Company has also subscribed for additional 9,998 ordinary shares of $1.00 each for cash in the share capital of Federal Fire for a total considration of S$9,998.00.

Following the subscription, the Company now holds a total of 10,000 ordinary shares of $1.00 each in the share capital of Federal Fire.

The principal activities of Federal Fire is that of supply and installation supervision of fire detection and protection system and its related products.

The above transaction is funded by internal resources of the Company and is not expected to have any significant impact on the earnings per share of the Company for the financial year ending 31 December 2002.

None of the Directors or subsidiary shareholders of the Company has any interest, direct or indirect in the above transaction.


By Order of the Board
FEDERAL INTERNATIONAL (2000) LTD


Submitted by Chng Geok, Company Secretary on 05/08/2002 to the SGX