Borneo Oil Berhad reported un-audited consolidated earnings results for the second quarter and six months ended July 31, 2009. For the quarter, net loss, loss attributable to equity holders of the company, loss before taxation and loss after taxation was MYR 2,315,000 or 1.44 sen basic loss per share on revenue of MYR 4,734,000 compared to net loss, loss attributable to equity holders of the company, loss before taxation and loss after taxation of MYR 2,403,000 or 1.95 sen basic loss per share on revenue of MYR 4,526,000 for the same period last year. Loss from operations was MYR 1,608,000 against MYR 1,854,000 for the same period last year. Comparatively the turnover was slightly higher than that of the corresponding quarter. This was attributable to consistent effort put in the fast food operations during the quarter. For the six months ended July 31, 2009, net loss, loss attributable to equity holders of the company, loss before taxation and loss after taxation was MYR 4,134,000 or 2.58 sen basic loss per share on revenue of MYR 9,092,000 compared to net loss, loss attributable to equity holders of the company, loss before taxation and loss after taxation of MYR 5,438,000 or 4.41 sen basic loss per share on revenue of MYR 9,415,000 for the same period last year. Loss from operations was MYR 2,799,000 against MYR 4,225,000 of previous year period. Net cash used in operating activities was MYR 1,699,000 compared to MYR 4,947,000 for the comparable period last year.

Borneo Oil Berhad, Annual General Meeting, Jul 31, 2009 Location: Level 11(A) Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000, W.P. Labuan, Malaysia. Agenda: To receive the Audited Financial Statements for the financial year ended 31st January 2009 together with the reports of the directors and the auditors thereon; to approve the payment of Directors' fees for the financial year ended 31st January 2009; to re-elect the Directors Dato Suhaili Bin Abdul Rahman and Encik Abd. Hamid Bin Ibrahim who retire pursuant to Article 96 of the company's Articles of Association, and being eligible, offer themselves for re-election; to re-appoint Messrs STYL Associates as Auditors of the company until the conclusion of the next Annual General Meeting and to authorize the Directors to fix their remuneration; to consider and, if thought fit, to pass the following resolutions as ordinary resolutions that the authority to directors to allot and issue shares; to consider the proposed renewal of share buy-back authority; and to transact any other business of the company for which due notice shall have been given.

Borneo Oil Berhad reported unaudited consolidated earnings results for the first quarter ended April 30, 2009. For the quarter, the company has posted loss attributable to equity holders of MYR 1,819,000 or 1.13 sen basic per share on revenue of MYR 4,097,000 compared to loss attributable to equity holders of MYR 3,035,000 or 2.46 sen basic per share on revenue of MYR 4,889,000 for the same period a year ago. Loss from operations was MYR 1,191,000 compared to MYR 2,371,000 for the same period a year ago. Loss before taxation was MYR 1,819,000 compared to MYR 3,035,000 for the same period a year ago. Net cash used in operating activities was MYR 909,000 compared to net cash generated from operating activities of MYR 6,447,000 for the same period a year ago. The lower loss was mainly due to lower operating and administrative costs were now borne by the franchisees.