The Board of Directors of TOP GLOVE wishes to announce that the wholly-owned subsidiary of the Company, TG Medical Sdn. Bhd. had on 1 June 2012 acquired the entire issued and paid up share capital of Top Glove Agro Sdn. Bhd. ("TGASB"), comprising 2 ordinary shares of RM1.00 each fully paid up in the capital of TGASB for a total cash consideration of RM2/- ("Acquisition").

Consequent to the Acquisition, TGASB became a wholly-owned sub-subsidiary of TOP GLOVE.

The Acquisition is not expected to have any material effects on the earnings or net assets of TOP GLOVE for the financial year ending 31 August 2012.

None of the Directors and/or substantial shareholders or persons connected to them has any interests, direct or indirect, in the Acquisition.

The Board of Directors is of the opinion that the Acquisition is in the best interest of TOP GLOVE.

This announcement is dated 1 June 2012.