Completion of the acquisition of Sabna Development Sdn Bhd and the disposal of the entire 50% interest in Putrajaya Properties Sdn Bhd

Attached are the announcements by GuocoLand Limited’s subsidiary, GuocoLand (Malaysia) Berhad (“GLM”) relating to:-

1. the completion of the acquisition of Sabna Development Sdn Bhd and the disposal of the entire 50% interest in Putrajaya Properties Sdn Bhd; and

2. the quarterly report on the consolidated results of GLM for the second quarter ended 31 December 2006.