Reconstitution Of Committee

The Board of Directors (the "Board") of Straco Corporation Limited (the "Company") is pleased to announce that the Remuneration Committee ("RC") of the Company has been reconstituted with immediate effect.

Consequent upon the reconstitution, the RC now comprises the following members:

Mr. Tay Siew Choon - Independent Director (Chairman)
Dr. Choong Chow Siong - Independent Director
Mdm. Chua Soh Har - Non-Executive Director


By Order of the Board

Lotus Isabella Lim Mei Hua
Company Secretary

Date: 12 August 2011