Reconstitution Of Audit Committee

The Board of Directors of Straco Corporation Limited wishes to announce the rotation of the Chairman of the Audit Committee and as such, Mr Lim Song Joo has been appointed Chairman of the Audit Committee. The composition of the Audit Committee now comprises the following:-

Audit Committee

Mr. Lim Song Joo - Independent Director (Chairman)
Dr. Choong Chow Siong - Independent Director
Mr. Neo Poh Kok David - Independent Director

There are no changes to the Company's Nominating Committee and Remuneration Committee.


By Order of the Board



Lotus Isabella Lim Mei Hua
Company Secretary


Date: 30 April 2012