OFFER ANNOUNCEMENT

1. INTRODUCTION 

UOB Kay Hian Private Limited (" UOBKH" ) wishes to announce, for and on behalf of PT 

Indofood Sukses Makmur Tbk (the " Offeror" ), that the Offeror has today agreed to acquire 

pursuant to married deals an aggregate of 25,590,000 issued and paid-up ordinary shares 

(the " Shares" ) in the capital of China Minzhong Food Corporation Limited (the " Company" ), 

representing approximately 3.90% of the total number of issued Shares1

(the " Acquisition" ),

at the price of S$1.12 per Share.

Following the Acquisition, the Offeror owns, controls or has agreed to acquire an aggregate of 

219,525,382 Shares, representing approximately 33.49% of the total issued Shares.

As a result of the Acquisition and in accordance with Rule 14.1 of the Singapore Code on 

Take-overs and Mergers (the " Code" ), the Offeror will make a mandatory conditional cash 

offer (the " Offer" ) for all the remaining Shares, other than those Shares held by the Company 

as treasury shares and those Shares owned, controlled or agreed to be acquired, directly or 

indirectly, by the Offeror as at the date of the Offer (the " Offer Shares" ).