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 subscribed for an additional 15,000 ordinary shares of SGD1.00 each in the share capital of its wholly-owned subsidiary, Federal Fire Engineering Pte Ltd ("Federal Fire") for a total consideration of SGD15,000.

Following the above subscription, the Company now holds a total of 25,000 ordinary shares of SGD1.00 each in the share capital of Federal Fire.

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 2003.

None of the Directors or controlling 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 25/02/2003 to the SGX