Wednesday, October 7, 2009

Genting and Simon's Chelsea division sign joint venture agreement

Press Release - Genting and Simon's Chelsea division sign joint venture

agreement to establish premium outlets in Malaysia; Johor Premium Outlets

expected to open in 2011

Further to our announcement dated 22 January 2008, Genting Berhad is pleased to

inform that Azzon Limited, a wholly-owned subsidiary of Genting Plantations

Berhad (formerly known as Asiatic Development Berhad) which in turn is a 54.7%

subsidiary of the Company, has signed a joint venture agreement with Chelsea

Malaysia LLC, a division of Simon Property Group (NYSE: SPG) to establish

Chelsea Premium Outlet Centres in Malaysia.

For further details, please refer to the attached Press Release.

You are advised to read the entire contents of the announcement or attachment.

To read the entire contents of the announcement or attachment, please access

the Bursa website at http://www.bursamalaysia.com

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