Dec 8, 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 “PROPOSALS”) General Announcement Reference No OS-101208-64529 Submitting Merchant Bank : PM SECURITIES SDN BHD Company Name : B.I.G. INDUSTRIES BERHAD Stock Name : BIG Date Announced : 08/12/2010 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 “PROPOSALS”) Contents : On behalf of the Board of Directors of BIG, PM Securities Sdn Bhd wishes to announce that the Company proposes to undertake the Proposals. Please refer to the attachment below for further details of the Proposals. This announcement is dated 8 December 2010. Attachment