Notes:

*

The above estimated values of transactions are based on the actual transacted values for the financial year ended 31 March

2011. However, the value of these transactions may be subjected to changes in the current financial year in light of the

changing economic and competitive environment. Announcement will be made accordingly if the actual value exceeds the

estimated value by 10% or more.

#

These transactions have exceeded the estimated value by 10% or more due to major increase in raw material cost resulting

in higher feed cost produced.

@

These transactions have exceeded the estimated value by 10% or more due to the increased in purchase quantity and

revision in purchase price.

^

This transaction has exceeded the estimated value by 10% or more due to the increased in unit price of FFB.

Classes of Related Parties

The Proposed RRPT Mandate will apply to the following Related Parties:

·

Green Breeder Sdn. Bhd. is a company involved in livestock breeding. The directors are Dr Ng Siew Thiam

and his spouse, Chew Ching Kwang. The major shareholder (77.5%) is May Hoo Trading Sdn. Bhd., a company

owned by Dr Ng Siew Thiam and his spouse. Dr Ng Siew Thiam is a Director of QL Livestock Farming Sdn. Bhd.

("QLLF") and also a director and major shareholder (19.98%) of QL AgroResources Sdn. Bhd., which is the

holding company of QLLF.

·

C Care Enterprise Sdn. Bhd. ("C Care") is a retail shop owned by Mr Chia Soon Hooi and his spouse. They are

also directors of C Care. Mr Chia Soon Hooi is the brother of Mr Chia Mak Hooi, a director of QL Agroventures

Sdn. Bhd. and director and major shareholder in QL.

·

Fusipim is a company involved in food processing and distribution. The directors and shareholders of Fusipim

are Madam Chia Kah Chuan and her spouse Mr Eng Seng Poo. Madam Chia Kah Chuan is the sister of Mr

Cheah Yaw Song, a director of QL Foods Sdn. Bhd. ("QL Foods") and family member of the Chia family.

·

Cheah Joo Kiang is the son of Mr Cheah Yaw Song and the brother of Cheah Juw Teck who are directors of

QL Foods.

·

Sin Teow Fatt Trading Co. is a partnership involved in fish wholesale and it is owned by Mr Chia Teow Guan,

Mr Chia Song Pou, Mr Cheah Yaw Song and Mr Chia Song Phuan. The directors of QL Foods are Mr Chia Song

Kun, Mr Chia Seong Pow, Mr Cheah Yaw Song, Mr Chia Teow Guan, Mr Chia Song Phuan and Mr Cheah Juw

Teck. QL Foods is a wholly-owned subsidiary of QL Fishery Sdn. Bhd., which in turn is wholly-owned by QL

whereby Mr Chia Song Kun, Mr Chia Seong Pow and Mr Chia Mak Hooi, is the director and major shareholder.

·

Keang Huat Trading Sdn. Bhd. ("KH") is a trading company of all kinds of hardware, marine engines and fishing

equipment. Mr Lim Kwan Cheang, Mr Sim Chin Swee and Mr Chua Lee Guan are directors and substantial

shareholders of KH. KH is also a major shareholder (10.88%) of QL Endau Marine Products Sdn. Bhd. ("QLEMP").

QL Endau Fishmeal Sdn. Bhd. ("QLEF") is the wholly-owned subsidiary of QLEMP.

·

Perikanan Sri Tanjung Sdn. Bhd. ("PST") is into deep sea fishing operation. Mr Lim Kwan Cheang, Mr Sim

Chin Swee, Mr Heng Hup Peng, Mr Heng Chai Khoon, Mr Chua Lee Guan, Mr Loh Yoo Ming and Mr Heng Seng

See are major shareholders of PST. They are also shareholders of QLEMP holding 13.35% in total. Mr Sim Chin

Swee and Mr Heng Hup Peng are directors of QLEMP and QLEF. QLEMP is 70.59% owned by QL.