Appointment Of Chief Operating Officer

The Board of Directors of Straco Corporation Limited ("the Company") wishes to announce the appointment of Mr Michael Chen Tse Jen as Chief Operating Officer of the Company with effect from 2 January 2008.

Details of Mr Michael Chen as required under Rule 704(7) of the Listing Manual are announced separately.


By Order of the Board

Lotus Isabella Lim Mei Hua
Company Secretary
2 January 2008