KPJ Healthcare

Article Entitled : "kpj Healthcare Sees Revenue Above Rm1b Next Year"

BackJun 21, 2007

General Announcement

Reference No JC-070621-58510

Company Name	:	KPJ HEALTHCARE BERHAD
Stock Name	:	KPJ
Date Announced	:	21/06/2007


Type	:	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	:	NM-070619-37906
Subject	:	ARTICLE ENTITLED : "KPJ HEALTHCARE SEES REVENUE ABOVE RM1B NEXT YEAR"

Contents :

We refer to the letter dated 19 June 2007 from Bursa Malaysia Securities Berhad ("Bursa Securities")pertaining to the above news article appearing in the New Straits Times, Biznews, on page 43 on Tuesday, 19 June 2007, in particular, the following sentence:-

"….The KPJ Healthcare Bhd ….revenue will exceed the RM1 billion mark next year…."
"We expect to record a revenue of RM1 billion this year, and will exceed that by 2008..."

We wish to clarify that the above statement should have been reported as an internal management targeted goal by the KPJ Group for the financial year ending 31 December 2007 and not for financial year ending 31 December 2008.

The RM1 billion targeted revenue is purely an internal revenue target set after taking into consideration the existing operating beds and additional operating beds from existing and new hospitals under the KPJ Group. It also takes into consideration the effects of the additional number of medical consultants within the KPJ Group. We wish to emphasize that the internal target is not an estimate, forecast or projection and has not been audited or reviewed by the external auditors of the Company.

This announcement is dated 21 June 2007.

Query Letter content :
We refer to the above news article appearing in the New Straits Times, Biznews,
page 43, on Tuesday, 19 June 2007, a copy of which is enclosed for your
reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
"...KPJ Healthcare Bhd...revenue will exceed the RM1 billion mark next year..."
"We expect to record a revenue of RM1 billion this year, and will exceed that
by 2008..."
In accordance with the Securities Exchange's Corporate Disclosure Policy, you
are requested to furnish the Securities Exchange with an announcement for
public release confirming or denying the above article and in particular the
underlined sentences after due and diligent enquiry with all the directors,
major shareholders and all such persons reasonably familiar with the matter
about which the disclosure is to be made in this respect. In the event you deny
the above sentences or any other part of the above reported article, you are
required to set forth facts sufficient to clarify any misleading aspects of the
same. In the event you confirm the above sentences or any other part of the
above reported article, you are required to set forth facts sufficient to
support the same, including the relevant basis and assumptions in arriving at
the above forecast.
Please furnish the Securities Exchange with your reply within one (1) market
day from the date hereof.
Yours faithfully

TAN YEW ENG
Head, Issuers
Listing Division, Group Regulations
TYE/NMA c.c:- Encik Chung Tin Fah, Securities Commission (via fax)

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Article Entitled : "kpj Healthcare Sees Revenue Above Rm1b Next Year"

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