TIEN WAH PRESS HOLDINGS BERHAD ("TWPH OR "COMPANY")

(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 27,570,000 NEW ORDINARY SHARES OF RM1.00 EACH IN TWPH (“TWPH SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY FIVE (5) EXISTING TWPH SHARES HELD (“PROPOSED RIGHTS ISSUE”);

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM100,000,000 COMPRISING 100,000,000 TWPH SHARES TO RM200,000,000 COMPRISING 200,000,000 TWPH SHARES (“PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL”);

(III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY (“PROPOSED AMENDMENTS"); AND

(IV) PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO MAX EASE INTERNATIONAL LIMITED (“MEIL”), A 51% OWNED SUBSIDIARY OF TWPH (“PROPOSED PROVISION OF FINANCIAL ASSISTANCE”).

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the Board of Directors of TWPH, AFFIN Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:

(I) Proposed Rights Issue;

II) Proposed Increase in the Authorised Share Capital;

III) Proposed Amendments; and

(IV) Proposed Provision of Financial Assistance.

Further details of the abovementioned Proposals are set out in the attachment of this announcement.

This announcement is dated 8 June 2010.