TIENWAH - NOTICE OF RIGHTS ENTITLEMENT

- Increase in the Authorised Share Capital of TWPH from RM100,000,000 comprising 100,000,000 Ordinary Shares of RM1.00 each ("TWPH Shares") to RM200,000,000 comprising 200,000,000 TWPH Shares (¡§Increase in the Authorised Share Capital¡¨);

- Renounceable Rights Issue of up to 27,570,000 new TWPH Shares (¡§Rights Shares¡¨) on the basis of two (2) Rights Shares for every five (5) existing TWPH Shares;

- Amendments to the Memorandum and Articles of Association of TWPH (¡§Amendments¡¨) and

- Provision of Financial Assistance to Max Ease International Limited (¡§MEIL¡¨), a 51% owned subsidiary of TWPH

We refer to the announcement made to Bursa Malaysia Securities Berhad on 8 June 2010 and 4 October 2010 in relation to the above.

The Board of Directors of TWPH wishes to announce that the relevant documents for the Increase in the Authorised Share Capital and Amendments of TWPH have been lodged with the Companies Commission of Malaysia on 12 October 2010 and completed on even date.

This announcement is dated 12 October 2010.