Dec 13, 2010 B.I.G INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”) (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED RIGHTS ISSUE; AND (III) PROPOSED AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Dec 13, 2010

B.I.G INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”) (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED RIGHTS ISSUE; AND (III) PROPOSED AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

General Announcement

Reference No OS-101213-53651

Submitting Merchant Bank	:	PM SECURITIES SDN BHD
Company Name	:	B.I.G. INDUSTRIES BERHAD
Stock Name	:	BIG
Date Announced	:	13/12/2010

Type

Announcement

Subject

B.I.G INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”)

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED RIGHTS ISSUE; AND
(III) PROPOSED AMENDMENTS.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Contents

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 8 December 2010 in relation to the Proposals.

We refer to our announcement dated 8 December 2010 on the above.

On behalf of the Board of Directors of BIG, PM Securities Sdn Bhd wishes to announce that the application to Bank Negara Malaysia for the issuance of Warrants to the non-resident shareholders of BIG pursuant to the Proposed Rights Issue has been submitted on 13 December 2010.

This announcement is dated 13 December 2010.