Highlights

[PETRONM] Notice of Person Ceasing Substantial Shareholders - EXXONMOBIL INTERNATIONAL HOLDINGS INC. on 30-Mar-2012


Stock [PETRONM]: PETRON MALAYSIA REFINING & MARKETING BERHAD
Announcement Date 30-Mar-2012

Substantial Shareholder's Particular:

Name EXXONMOBIL INTERNATIONAL HOLDINGS INC.

Details of Changes:

Currency Malaysian Ringgit (MYR)

Date of Change Type Number of Shares Price
30-Mar-2012 Disposed 175,500,000 3.411

Nature of Interest 175,500,000 ORDINARY SHARES OF RM0.50 EACH REPRESENTING 65% OF THE VOTING SHARES IN ESSO MALAYSIA BERHAD.
Shares 175,500,000 Ordinary Shares of RM0.50 each of Esso Malaysia Berhad representing 65% of the voting shares in Esso Malaysia Berhad.
Reason Completion of the sale and purchase agreement ("EMB SPA") between ExxonMobil International Holdings Inc. ("EMIHI")and San Miguel Corporation ("SMC") dated August 17, 2011 by which SMC or its nominated affiliate will acquire EMIHI's entire shareholding in Esso Malaysia Berhad of 175,500,000 Ordinary Shares of RM0.50 each of Esso Malaysia Berhad representing 65% of the voting shares in Esso Malaysia Berhad. The EMB SPA was completed on March 30, 2012 between EMIHI and SMC's nominated affiliate Petron Oil & Gas International Sdn Bhd ("POGI").



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