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Civil Suit No. 22-721-2005

BackDec 28, 2005
The Board of Directors of Vitrox Corporation Berhad (Vitrox) wish to announce that by the civil suit (Civil Suit No. 22-721-2005, in the High Court of Malaya at Penang), Aca Vision Technology Sdn Bhd ("the plaintiff") has commenced an action against Vitrox Technologies Sdn Bhd ("the subsidiary") a wholly owned subsidiary of Vitrox.

In the statement of claim endorsed on the writ of summons that was served on 27 December 2005 on the subsidiary, the plaintiff alleges that the subsidiary had in the subsidiary's corporate directory under the file - Vitrox-CorpDirectory-InfoSummary-RiskFactors - published in the Bursa Malaysia website, www.bursamalaysia.com, under the heading of Information Summary and in the sub-heading entitled Material Litigation published a statement that is defamatory of the plaintiff.

The subsidiary having consulted its solicitors has been advised that there is a good defence to this action commenced by the plaintiff.

The subsidiary has been further advised that at this stage the quantum of damages cannot be determined as damages (if any) that is to be awarded in a defamation action is to be assessed by the Court having the benefit of evidence adduced during trial.