Listed Companies' Announcement


FEDERAL INTERNATIONAL (2000) LTD

FEDERAL INTERNATIONAL APPOINTS ROBERT NG AS GROUP GENERAL MANAGER


Singapore, November 12, 2001: Mainboard-listed Federal International (2000) Ltd ("Federal") announced the appointment of Mr Robert Ng Thin Weng as its Group General Manager with effect from November 12, 2001.

A retired bank manager with more than 30 years of commercial banking experience, Mr Ng will be responsible for overseeing the operations and increasing the profitability of Federal's overseas subsidiaries and/or associated companies.

Commented Mr K.K. Koh, Federal's CEO and Executive Chairman, "Federal has expanded its overseas operations quite rapidly in the last 12 months. With Robert's financial experience and management expertise, we are confident that he will contribute to the enhancement of the Group's profitability.

Mr Ng is a chartered secretary and a member of the Singapore Human Resource Institute.

About Federal International

Federal is an established flowline control products distributor and service provider supporting the oil and gas and related industries in the region. By moving upstream into the design and manufacture of specialised valves and related products, Federal aims to be an integrated service provider and procurement specialist in the energy and infrastructure industries offering a complete one-stop service package.

Submitted by Chng Geok, Company Secretary on 12/11/2001 to the SGX