General Announcement
Reference No TC-070425-58041

Company Name	:	TALAM CORPORATION BERHAD
Stock Name	:	TALAM
Date Announced	:	25/04/2007


Type	:	Announcement
Subject	:	TALAM CORPORATION BERHAD [“TALAM or the Company”] PROPOSED DISPOSAL OF A LEASEHOLD LAND HELD UNDER PM 1038, LOT 2374, MUKIM OF EMPANGAN, DISTRICT OF ULU LANGAT, STATE OF SELANGOR TOGETHER WITH A HOSPITAL OFFICE BUILDING OF 6 FLOORS AND A MEDICAL OFFICERS’ BLOCK OF 3 FLOORS BY PANDAN INDAH MEDICAL MANAGEMENT SDN BHD, A WHOLLY OWNED SUBSIDIARY OF TALAM, TO HOSPITAL PANTAI INDAH SDN BHD FOR A TOTAL CONSIDERATION OF RM63,500,000.00 (“PROPOSED DISPOSAL”)

Contents :

We refer to our announcement dated 19 April 2007 in respect of the Proposed Disposal. We herewith furnish the following information as requested:-

(1) CONSIDERATION OF THE PROPOSED DISPOSAL

(2) MODE OF PAYMENT

HPISB shall pay the balance deposit and balance purchase price at the time and in the following manner:-

(a) 8% of the Purchase Price equivalent to the sum of RM5,080,000.00 being the balance deposit towards part payment of the Purchase Price upon the execution of the Sale and Purchase Agreement, which has been paid on the date of announcement.

(b) The sum of RM57,150,000.00 will pay to PIMMSB’s Solicitors as stakeholders being the balance Purchase Price within 3 months from the date where the Sale and Purchase Agreement become unconditional.
However, the conditional period is within 6 months from the date of the Sale and Purchase Agreement.

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