General Announcement

Reference No PH-070223-42710

Company Name	:	PROTON HOLDINGS BERHAD
Stock Name	:	PROTON
Date Announced	:	26/02/2007


Type	:	Announcement
Subject	:	UNDERSTANDING OF A JOINT FEASIBILITY STUDY BETWEEN PERUSAHAAN OTOMOBIL NASIONAL SDN BHD ("PONSB"), CHERY AUTOMOBILE CO LTD ("CHERY") AND ALADO CORPORATION SDN BHD ("ALADO") SIGNED ON 23 MAY 2006.

Contents :

The Board of Directors of PROTON Holdings Berhad wishes to announce that the feasibility studies carried out in relation to the abovementioned Understanding has been completed.

The parties are in the process of evaluating the findings of the feasibility studies.

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