EANS-News: Vasseti (UK) PLC starts trading at the quality segment "Entry Standard" of Frankfurt Stock Exchange

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Strategic management decisions

Frankfurt (euro adhoc) - Vasseti (UK) PLC transfers listing to Entry
Standard at Frankfurt Stock Exchange - Important milestone in
company´s growth strategy - Listed on Frankfurt Stock Exchange since
August 23, 2011 - Successful Malaysian conglomerate based in Kuala
Lumpur with diversified business portfolio - Solid long-term
agreement with Malaysian government

Frankfurt, October 10, 2011 - Today the shares of Vasseti (UK) PLC
were initially traded in the Entry Standard of the Frankfurt Stock
Exchange. The board of the Kuala-Lumpur-based company had travelled
to the Frankfurt Stock Exchange to follow the initiation of the
trading at the quality segment of Frankfurt Stock Exchange. "We are
pleased with this important milestone in our business development and
our ambitious growth strategy." commented Mr. Ranjeet Singh Sidhu,
President and MD of Vasseti. "The listing here provides a platform
for the international investors to become part of the exciting
opportunities in Vasseti which is a very interesting investment
opportunity for investors due its balanced exposure between
high-growth telecommunications & ICT sector and the stable real
estate business." commented after the event on the prestigious
dealing floor in the heart of Frankfurt´s financial district. Vasseti
(UK) PLC had been listed in Frankfurt since August 23, 2011. Renell
Wertpapierhandelsbank AG acted as the Designated Sponsor for the
diversified conglomerate. Concerning the potential of the shares, Mr.
Sidhu is very optimistic: "We may have just listed our company
recently, but we certainly are not new kids on the block. We have
been in business through several adverse economic situations and it
only made us stronger. The testimony is that all our investors have
made money from our businesses through all those time and again."

The conglomerate operates a highly successful business portfolio
comprised of three major components with operations mainly in
Malaysia: First, Vasseti´s telecommunications business operates a new
and modern fibre-optic telecommunication infrastructure in Malaysia;
second, the conglomerate has a large information and communication
(ICT) technology subsidiary; and third, it has a real estate business
unit investing in strategic landed properties. In addition, Vasseti
has initiated numerous high growth potential investments recently
which will be adding sustained value to its business portfolio. In
September, Vasseti has been announced as part of the prestigious
"Economic Transformation Program" which is headed by the Malaysian
Prime Minister. This success illustrates Vasseti´s important and
prominent role in the Malaysian economy and society in total. And it
raises investor confidence due to the company´s long-term financial
viability associated with government co-operation and contracts.

About Vasseti

Vasseti (UK) Plc ("Vasetti") is a large, diversified conglomerate
based in Kuala Lumpur. It was recently listed on the Frankfurt Stock
Exchange and has been fully reporting on the Entry Standard Level
since October 2011. It is an investment holding company with business
interests in the field of network telecommunications, information
technology and real estate. Vasseti consists of companies and
businesses established from as long as fifteen years ago to several
new, high growth business ventures it initiated last year. Vasseti
has its business focus in three core business activities: Network
Infrastructure Telco (owner and operator of fibre-optic
telecommunication infrastructure and provision fixed-line network
telecommunication infrastructure and services); Network Services
(Provision of IP-based services, operation of MedikTV, and cloud
computing services); and Property Development (Investment in
strategic landed properties with potential for commercial and
residential development). Apart from the above mentioned businesses,
there are other supporting businesses which are either in the early
stage of development (e.g. engineering, plantation, HR services,
security services, fleet management, office automation business and
private jet charter services).

Further inquiry note:
CONTACT Investor Relations Team
Ranjeet Singh Sidhu
TEL +60193877218
CATEGORY Technology & Real Estate
EMAIL ir@vasseti.co.uk
WEB www.vasseti.co.uk

end of announcement euro adhoc
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company: Vasseti UK PLC
Throg Morton Street 33
UK-EC2NBR London
phone: +44 (0)207156 5274
FAX: +44 (0)207156 5001
mail: ir@vasseti.co.uk
WWW: http://www.vasseti.co.uk
sector: Telecommunications
ISIN: GB00B3ZLSS23
indexes:
stockmarkets: Open Market / Entry Standard: Frankfurt
language: English