General Announcement
Reference No IC-050112-6D432

Company Name	:	INDUSTRIAL CONCRETE PRODUCTS BERHAD
Stock Name	:	ICP
Date Announced	:	12/01/2005


Type	:	Announcement
Subject	:	Incorporation of ICP Investments (L) Limited, Labuan

Contents :

The Company is pleased to announce the incorporation of ICP Investments (L) Limited ("ICPIL") in the Federal Territory of Labuan on 10 January 2005 as a wholly-owned subsidiary.

ICPIL was incorporated as an offshore company, currently with a paid-up capital of USD1 comprising 1 share of USD1.

ICPIL will be used for raising an offshore financing facility to finance the setting up of a factory by the Company for the production of pretensioned spun concrete piles in Jiangmen City, Guangdong Province, China.

This announcement is also available for access at http://www.ijm.com/.