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Award Of Tender

BackJan 12, 2006

The Board of Directors of OKP Holdings Limited ("the Company") wishes to announce that the tender for contract CPA-RA-001-03 - Rota International Airport Runway 09/27 Extension - Phase 1 ("the Contract") by its subsidiary company, OKP (CNMI) Corporation, has been accepted by the Commonwealth Ports Authority of the Commonwealth of the Northern Mariana Islands.

The contract sum is USD8,677,000 and the commencement date for the Contract is 16 January 2006. The Contract is expected to be completed by 10 January 2007.

The Contract is expected to contribute positively to, but has no material impact on, the earnings per share or net tangible assets per share of the Company and its subsidiary companies for the current financial year ending 31 December 2006.

None of the Directors has any interest, direct or indirect, in the Contract. As far as the Directors are aware, none of the controlling shareholders of the Company has any interest, direct or indirect, in the Contract.

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