Disclaimer :

1

Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements are merely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no reliance should be placed on any forward-looking statements, express or implied, contained in this presentation.

PRESS AND ANALYST BRIEFING

1H2013 Results27 August 2013

Agenda

2

Group Financial Highlights

Share Price PerformanceProspects for 2013

Dividend Record

Review of Major Operations5-Year Financial PerformanceCapital Commitments

3

Group Financial

Highlights

Financial Results FOR THE 6 MONTHS ENDED 30 JUNE 2013

4

PPB GroupOperations

Flour & Feed Milling, & Grains Trading

Marketing, Distribution & Manufacturingof Consumer Products

Film Exhibition & Distribution

Waste Management & Utilities

Property Investment & Development

Chemicals, Livestock, Investments & Other Operations

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(Figures in RM) 2013 2012 CHANGERevenue 1.58 bil 1.46 bil 9%Operating Expenses 1.51 bil 1.39 bil 9%Share of Wilmar’s Profit 300 mil 209 mil 44%PBT 471 mil 324 mil 46%Profit for the Period 439 mil 302 mil 46%EPS 36.06 sen 24.20 sen 49%

Financial Results FOR THE 6 MONTHS ENDED 30 JUNE 2013

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2013 2012

EPS 36.06 sen 24.20 sen

ROE Attributable to Owners of the Parent 2.9% 2.0%

Net Assets Per Share Attributable to Owners of the Parent RM12.52 RM11.97

Financial Ratios FOR THE 6 MONTHS ENDED 30 JUNE 2013

Segmental Information FOR THE 6 MONTHS ENDED 30 JUNE 2013

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* Chemicals Trading & Manufacturing [3.37%], Livestock Farming [2.54%], Investment Income [0.46%] & Others [6.87%]

Flour & Feed Milling, & Grains Trading 60%

12%

Waste Management & Utilities3%

Film Exhibition & Distribution10%

Property Investment & Development2%

13%

TOTAL REVENUE RM1.58 bil

Segmental Information FOR THE 6 MONTHS ENDED 30 JUNE 2013

Marketing, Distribution & Manufacturing of Consumer Products

Chemicals, Livestock, Investments & Others*

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* Chemicals Trading & Manufacturing [0.37%], Livestock Farming [-6.09%], Investment Income [14.63%] & Others [1.59%]

TOTAL SEGMENT PROFITS RM156 mil

Flour & Feed Milling, & Grains Trading 44%

Marketing, Distribution & Manufacturingof Consumer Products

7%

Property Investment & Development19%

Waste Management & Utilities2%

Film Exhibition & Distribution17%

11% Chemicals, Livestock, Investments & Others*

Segmental Information FOR THE 6 MONTHS ENDED 30 JUNE 2013

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ReviewOf

MajorOperations

Review of Major Operations

FLOUR & FEED MILLING, & GRAINS TRADING

The increase in revenue for1H2013 was primarily driven byhigher sales volume and improvedselling prices of flour and feed.

The higher segment profit wasmainly due to better performance in grains trading.

10Revenue Segment Profit

0

100

200

300

400

500

600

700

800

900

1000

905

66

993

69

1H20121H2013

RM Million 10%

5%

Review of Major Operations

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MARKETING, DISTRIBUTION & MANUFACTURING OF CONSUMER PRODUCTS

Revenue and segment profitincreased due to improved salesof agency products with bettermargins.

Revenue Segment Profit0

20

40

60

80

100

120

140

160

180

200

192

8.7

193

10.8

1H20121H2013

RM Million 1%

25%

Review of Major Operations

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FILM EXHIBITION & DISTRIBUTION

Revenue for 1H2013 increased due to contribution from new cinemas opened in 2012 and 1H2013, improved film distribution and screen advertising revenue.

In line with the improved revenue, profit climbed 40% to RM27 mil.

Revenue Segment Profit0

20

40

60

80

100

120

140

160

180

142

20

172

27

1H20121H2013

RM Million21%

40%

Review of Major Operations

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ENVIRONMENTAL ENGINEERING, WASTE MANAGEMENT & UTILITIES

Revenue and segment profit declined as most of the environmental engineering projects were at completion stages.

The newly secured projects in 2013 had yet to contribute significantly in 1H2013.

Revenue Segment Profit0

10

20

30

40

50

60

70

60

5.1

46

2.9

1H20121H2013

RM Million23%

43%

Review of Major Operations

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PROPERTY INVESTMENT & DEVELOPMENT

Revenue decreased for 1H2013. This was mainly due to higherrevenue recognised in 1H2012 onthe sale of bungalows in BukitSegar, Kuala Lumpur andsemi-detached houses in TamanTanah Aman, Seberang PraiTengah.

Segment profit increased mainlydue to a gain of RM16.8 mil from the sale of an investment property. Revenue Segment Profit

0

5

10

15

20

25

30

35

40

40

13

32

30

1H20121H2013

RM Million 20%

>100%

Review of Major Operations

CHEMICALS, LIVESTOCK, INVESTMENTS & OTHER OPERATIONS

The growth in revenue wasmainly contributed by increasedbakery sales and highercontribution from livestock segment.

Segment profits improved mainlydue to the gain on the disposal ofthe Group’s investment inTradewinds (M) Berhad.

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-50

0

50

100

150

200

250

196

-8.4

219

16.4

1H20121H2013

Revenue Segment Profit/ (Loss)

RM Million

12%

>100%

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5-YearFinancial

Performance

5-Year PBT of PPB Group

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Note : PBT for FY2010 excludes the gain of RM841 million from the disposal of the sugar-related assets. If the profit is included, the PBT would be RM1.970 billion.

5-Year PBT of PPB Group

2009 2010 2011 2012 Jan-Jun 2013 -

200

400

600

800

1,000

1,200

1,400

1,600

1,800

1,732 1,129 1,057 917 471

Year

RM Million

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CapitalCommitments

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(All figures in RM’million) 2013As reported previously (7 March 2013) 592Additions/ Project Revision 107

699Amount Spent (171)Balance to be Spent 528

Capital Commitments

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CAPITAL COMMITMENTS RM528 mil

Flour & Feed Milling, & Grains TradingRM245 mil

BakeryRM48 mil

Film Exhibition & DistributionRM147 mil

Property Investment & DevelopmentRM60 mil

Capital Commitments by Segments Capital Commitments by Segments

RM7 mil Consumer Products

RM9 mil Frozen Food Processing

RM12 mil Others

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DividendRecord

Dividend Record

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Dividend Net Net Payout RatioPer Share Dividend Dividend Gross Net Paid/payable Yield Group Company

Year (sen) (sen) (RM Million) (%) (%) (%)2013

Interim# 8 8 94.840 0.6 22.2 84.3

2012 20 20 237.100 1.7 28.2 63.0

2011 23 23 272.665 1.3 27.8 28.4

2010* 88 88 1,043.240 5.1 100.1 294.12009* 73 73 865.415 4.6 53.6 14.8

* Include Special Dividends of 65 sen per share in year 2010 and 50 sen per share in year 2009.# The interim single tier dividend of 8 sen per share will be paid on 27 September 2013.

Dividend RecordDividend Record

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Share PricePerformance

Share Price Performance

SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

1,450.00

1,500.00

1,550.00

1,600.00

1,650.00

1,700.00

1,750.00

1,800.00

1,850.00PPB Shares - Month End Closing Price (RM) FBM KLCI

PPB

Shar

es -

Mon

th E

nd C

losi

ng P

rice

(RM

)

FBM

KLC

I

2012 2013

FBM KLCI (23.08.13) 1,721.07

PPB (23.08.13) RM13.92

Jan-Jun 2013 PPB FBM KLCIClosing Price (High) 14.16 1,788.43

Closing Price (Low) 12.00 1,613.33

Closing (28.06.13) 14.16 1,773.54

Average Daily Volume 744,345 167,433,601

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Prospectsfor

2013

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Prospects for 2013

The domestic demand in Malaysia is expected to be well supported by resilient consumer and business spending. This will continue to drive the performance of the Group’s core business segments in the remaining quarters.

Regionally, expansion of the Group’s flour milling capacity in Indonesia and Vietnam is progressively coming on-stream to supply additional volume in those markets. Sustained by continuing robust domestic consumption, the Group’s overseas operations are expected to maintain growth for the rest of the year.

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Prospects for 2013

On the whole, the Group’s operations are expected to perform well in 2013; nonetheless the overall financial results depend substantially on Wilmar’s business performance for the year.

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Questions&

Answers