The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Abridged Prospectus dated 9 September 2015 in relation to the Rights Issue with Warrants.

The Warrants are issued pursuant to the renounceable rights issue of up to 106,666,666 new ordinary shares of RM0.25 each in BHS ("BHS Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every three (3) existing BHS Shares held at 5.00 p.m. on 9 September 2015, together with up to 213,333,332 free detachable warrants ("Warrant(s)") on the basis of two (2) Warrants for every one (1) Rights Share subscribed for at 5.00 p.m. on 7 October 2015, at an issue price of RM0.42 per Rights Share payable in full upon acceptance.

Each Warrant carries the entitlement to subscribe for one (1) new BHS Share at the exercise price of RM0.60 and at any time during the exercise period as indicated above ("Exercise Period"), subject to the adjustments in accordance with the provisions of the deed poll dated 21 August 2015, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 20 October 2015.