Proton Corporate

3 successive quarters of pre-tax profits

SHAH ALAM, Malaysia, 26 May 2008 – PROTON Holdings Berhad posted a third successive quarter of pre-tax profits and ended the 31 March 2008 financial year with a group pre-tax profit of RM162 million. PROTON Chairman Dato' Mohammed Azlan Hashim said the three successive quarters in the black point to better financial health for PROTON and this can be attributed to its focus on operational improvements and its perseverance, which are beginning to show positive results.

3 Successive quarters of pre-tax profits

SHAH ALAM, 26 May 2008 – PROTON Holdings Berhad posted a third successive quarter of pre-tax profits and ended the 31 March 2008 financial year with a group pre-tax profit of RM162 million.

PROTON Chairman Dato' Mohammed Azlan Hashim said the three successive quarters in the black point to better financial health for PROTON and this can be attributed to its focus on operational improvements and its perseverance, which are beginning to show positive results.

Petaling Jaya, 5 May 2008 -- Proton Edar Sdn Bhd today launched its 10th Servis Mesra outlet in Damansara Jaya. Servis Mesra is a collaborative Service Centre concept between Proton Edar and Petronas via the latter's service station network. This collaboration enables PROTON to reach out to its customers outside the coverage area of Proton Edar's service branches and Authorized Service Dealers.

The Servis Mesra Damansara Jaya 2, located at the Petronas Station in Jalan SS22/48, is also Proton Edar's 35th service centre in the country. The centre will cater for the residential and business areas around the Petaling Jaya and Damansara Jaya locale. The outlet is just within 300 meters from the commercial area of the Damansara Utama township, school and housing areas.

02/04/2008 -- Proton has announced the appointment of a new dealer to its national sales network with Pacific Proton being signed as the new sales and service outlet for the brand on the Sunshine Coast.

Based on Sugar Road in Maroochydore, Pacific Proton is part of the Pickering Automotive Group, a Queensland company that has built an enviable reputation in the motor industry throughout the Sunshine State.

Dealer Principal Craig McPherson says the Proton brand is an important addition to Pacific Motor Group's portfolio and will help the company fulfil the growing demand for economical and practical small cars.

Shah Alam, 31 March 2008 -- PROTON is recalling its PROTON Savvy cars to address a possible problem.

In line with PROTON's continuing commitment to quality, regular random checks are conducted on PROTON cars as part of its i.Care programme. The results from the most recent inspection brought to attention the possibility of water entry into the rear wheel-bearing which could lead to a malfunction of the affected components.

PROTON's Managing Director Dato' Syed Zainal Abidin Syed Mohamed Tahir said, "The safety and satisfaction of our customers is a primary concern. As a precautionary measure, we are recalling all Savvy's for inspection and repair. We do apologise to all the Savvy owners for any inconvenience".

Shah Alam, 19 March 2008 -- PROTON Holdings Berhad today announced the appointment of Encik Mohamad Shukor bin Ibrahim as the new Chief Executive Officer of its frontline marketing arm, Proton Edar Sdn. Bhd.

Encik Mohamad Shukor, 44, holds a Bachelor of Science in Chemical Engineering from University of Missouri-Rolla in the USA, was also appointed as the Director of Domestic Sales (Domestic) of PROTON Holdings Berhad, taking over from Datuk Maruan bin Mohd. Said.

SHAH ALAM, MALAYASIA, 21 February, 2008 - PROTON Holdings Berhad continued to improve its financial performance, posting a profit before tax of RM11 million for the third quarter ended 31 December 2007.

The Group registered a profit before taxation of RM11 million for the current quarter, an improvement compared to the loss before tax of RM272 million incurred in the corresponding quarter in the last financial year. The positive return is achieved on the back of higher sales volume and lower operating costs.

Agreement Encourages Technology Development in Abu Dhabi

12/02/2008 -- Lotus Engineering and Mubadala Development Company (Mubadala) are pleased to announce the signing of a long-term Memorandum of Understanding (MoU). The joint aim is to further enhance Abu Dhabi's position at the forefront of environmentally orientated technologies and accelerate the development of its manufacturing and business infrastructure.

SHAH ALAM, 27 January 2008 – PROTON organised a Customer Appreciation Day to thank their loyal and supportive customers at an event held at the PROTON Centre of Excellence today.

The event introduced several new initiatives by PROTON with the aim of further improving customer relationship and creating a stronger rapport with PROTON customers. The appreciation ceremony was also one of the PROTON's ways of thanking them for their undivided support of the company and its products throughout the years.

Focus on Operational Efficiency and Costs Management Yields Positive Results

SHAH ALAM, 30 November 2007 – PROTON Holdings has announced a profit before tax of RM4.95 million in the second quarter ended 30 September 2007.

This is a significant improvement compared with the pre-tax loss of RM240.48 million registered in the corresponding period last year. In the preceding quarter ended 30 June 2007, PROTON recorded a pre-tax loss of RM46.85 million.

The better results were registered on the back of higher revenue of RM1.31 billion from RM1.27 billion in the corresponding period last year.

Correspondingly, net profit after tax was RM3.51 million against an after tax loss of RM250.34 million previously.