Type: Announcement
Subject: Metacorp Berhad ("Metacorp" or "The Company") - Extension of Time for Compliance with the Public Shareholding Spread Requirement

Contents:
Further to the announcement made on 11 October 2005, Metacorp is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had on 28 November 2005 granted Metacorp an extension of time of six (6) months from 12 October 2005 until 11 April 2006 to comply with the public shareholding spread requirement pursuant to paragraph 8.15(1) of the Listing Requirements of Bursa Securities.

Based on the Company's Record of Depositors as at 31 October 2005, the number of public shareholders of Metacorp holding not less than 100 shares was 5,172 and the percentage of public shareholding spread was 24.85%, representing a shortfall of 0.15% from the minimum public shareholding spread of 25%.

Metacorp has and intends to continuously update investors and fund managers on the prospects of investment in Metacorp's shares for placement of Metacorp shares by its substantial shareholders in order to comply with the public shareholding spread requirement by February 2006.

This announcement is dated 28 November 2005.

Please visit Bursa Malaysia web site for detailed information.
http://announcements.bursamalaysia.com