YONGNAM SECURES THREE CONTRACTS WORTH A TOTAL OF S$30.4 MILLION

Added Mr Seow Soon Yong: " This project at the Victoria Theatre and Victoria Concert Hall enhances our structural steelworks track record, in particular the additions and alterations category. We are honoured to play a part in transforming and restoring two of Singapore’s historical landmarks."

The above contracts are expected to have a favourable impact on the Group’s financial performance for the year ending December 31, 2011.

2007 Full Year Results are out!!!! Sigh...no dividend declared

YONGNAM ACHIEVES S$24.8 MILLION NET PROFIT IN FY2007

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driven by completion of major projects as well as commencement of new ones

such as Orchard Turn and the Dubai Metro RailStellar net profit growth achieved on the back of 16.1% increase in revenue,

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provision on an investment propertyIncludes a gain of S$12.8 million arising from the write-back of impairment

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the Middle EastPromising outlook in view of strong infrastructure spending in Singapore and