YNH Property Berhad ("YNHPROP" Or the "Company") Proposed private Placement of Up To 10% of the Enlarged Issued And Paid-up Share Capital Of The Company ("Proposed Private Placement")

General Announcement

Reference No MM-070604-63380

Submitting Merchant Bank	:	AMINVESTMENT BANK BERHAD
Company Name	:	YNH PROPERTY BERHAD
Stock Name	:	YNHPROP
Date Announced	:	04/06/2007

Type	:	Announcement
Subject	:	YNH PROPERTY BERHAD ("YNHPROP" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PROPOSED PRIVATE PLACEMENT")

Contents :

We refer to the announcement dated 3 May 2007 pertaining to the Proposed Private Placement.

On behalf YNHProp, AmInvestment Bank Berhad (formerly known as AmMerchant Bank Berhad)is pleased to announce that the issue price for the Proposed Private Placement is RM3.30. The issue price has been fixed by the Board of Directors of the Company, based on a discount of approximately 2.00% from the 5-day weighted average market price of YNHProp Shares up to and including 4 June 2007 of RM3.37.

This announcement is dated 4 June 2007.