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Media release re Sime Darby Berhad

Document date:  Tue 03 Mar 1998
Published:  Tue 03 Mar 1998 00:00:00
Document No:  135212
Document part:  A
Market Flag:  N
Classification: 

HOMEX - Melbourne                                                     

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Sime Darby Berhad today issued a statement advising the Kuala Lumpur
Stock Exchange that it is currently involved in discussions regarding
its 60% subsidiary, Sime Bank Berhad with KUB Malaysia Berhad, 30%
shareholder in Sime Bank, and a third party.

ANZ is not the third party referred to in the statement by Sime Darby
Berhad.

ANZ is currently providing technical assistance to Sime Bank Berhad
at the request of Sime Darby Berhad.

For media enquiries, please contact:

Paul Edwards
HEAD OF GROUP MEDIA RELATIONS

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