Our Board of Directors ("Board") is fully committed to maintaining a high standard of corporate governance in keeping with its overarching philosophy of delivering consistent financial performance with integrity. It strongly supports the principles of transparency and accountability by complying with the Code of Corporate Governance 2005 ("Code").

Good corporate governance is essential to maintain the trust of customers, partners, suppliers, employees and the public to ensure the long-term profitability of our business. Therefore, the Board consistently maintains communication with its shareholders and holds frequent dialogues with investors, analysts, fund managers and the press. All presentation materials are disseminated to SGX and the presses and also posted on the Company's website at www.bestworld.com.sg.

The Board is pleased to confirm that for the financial year ended 31 December 2008; the Company has generally adhered to the principles and guidelines as set out in the Code.

The Board will continue to work hard for the benefit of all shareholders by providing timely and accurate information through announcements and investor relations activities.