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Management Q & A

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Dear Investors,

Thank you very much for the questions and the opportunities to clarify them. We hope you have a better understanding of our business through this online exchange.

Your questions will be reposted in blue followed by our replies in black.

Rgds,
The Management Team
OKP Holdings Ltd

Dear David, you wrote:

What's the impact from the regression of the United States? I spent all my savings to buy OKP shares and I am so worried about the economic crisis. Thanks so much!

Thank you for your confidence in OKP Holdings. The situation in the US has contributed to the global financial turmoil that will continue to add an element of uncertainty to the market.

As a leading infrastructure and civil engineering company active in public sector construction work and civil works in the oil & gas sector, OKP continues to be confident that it can continue to grow its business locally. For your information, our current order book based on secured contracts stands at approximately $209.2 million.

Here are some reasons for our confidence:

Dear jayster, you wrote:

1. I was wondering how OKP got hooked up with Rotary in the JV, OKP (Oil & Gas) Infrastructure?

2. What O&G project is this JV currently bidding for and how much % of sale do you project this JV will contribute to OKP's book in FY09?

1) It started with the award of our first and biggest Oil and Gas sector project by Rotary. In order to tap on our synergy and to generate new opportunities for OKP in the Oil and Gas sector, we formed OKP (Oil & Gas) Infrastructure Pte Ltd, a 55-45 joint venture with Rotary Engineering Limited to undertake civil engineering projects in the local oil and gas industry.

2) We are currently tendering for a number of O&G projects. These are in preliminary stages and we shall make the necessary announcements as new contracts are secured. We are not able at this juncture to project how much it will contribute to our sales in FY2009.

Dear Marcus Ng, you wrote:

1) I would like to enquire on the F1 racing contract OKP got from LTA. Is this a once off contract to prepare the road for the races or is there a maintenance contract for future road races?

2. Would this contract lead to OKP venturing abroad to maintain F1 circuits around the world?

1) This is a once-off contract with no accompanying maintenance contract.

2) With the award of the Singapore F1 contract, F1 organisers from other parts of the world may consider asking OKP for similar contracts.

Dear Serene Lim, you wrote:

Congrats on the great set of results for FY07.

OKP cash has doubled to $19.4M in FY07. What do OKP intend to do with this cash hoard?

We will use our cash for business expansion.

Dear Gerald Tan, you wrote:

OKP's operation is mainly in Singapore with few projects overseas except for the Rota airport runway project.

With the booming Asian economy fuelling demand for construction of infrastructure projects, do OKP intend to expand to regional countries like Vietnam and which areas of the business do OKP hopes to export to the world?

For the next one year or so, we will continue to stayed focused on the domestic market as there continues to be strong demand in the construction as well as the O&G sectors in Singapore. We do not rule out the possibility of expanding to other markets and/or other related businesses should the opportunities arise.

Dear Kelvin Khoo, you wrote:

OKP is a family run business. Westerner view family run business as unprofessional and runs the risk of succession problems should the next generation is unable to continue the business.

What succession plans do OKP have to ensure the best talents is employed to maximise shareholder's value?

We appreciate your concerns and would like to assure you that we take our commitment to maximizing shareholders' value very seriously. We adhere to a recruitment policy that sees us engaging the most suitable candidates for the job. We assess their professional capabilities, their ability to work as a team and contribute to the company. We have a number of team members in our management that are not family members. The team of people at OKP has the right combination of experience, knowledge and foresight and more importantly, we all work towards the interests of OKP.

Dear Investors,

Thank you for all your questions and the interest in OKP Holdings Ltd. We have come to the end of this Q&A session.

We have enjoyed and learnt much from your questions and we hope that you have a better insight of our Company and know more about our operations.

Rgds, The Management Team OKP Holdings Ltd.