Kuala Lumpur, August 5th, 2003– Main board listed Linear Corporation Berhad today announced the disposal of 16.22% equity interest in its ICT associate Unified Communications Holdings Pte. Ltd. (UCH) for an aggregate cash consideration of RM24.8 million.

Linear via its 100% owned subsidiary Primeace Holdings Sdn. Bhd. had on August 4th, 2003 entered into 9 separate conditional Share Sale Agreements with parties comprising fund managers, individual investors and the Chief Executive officer of Unified Communications, Mr. Wong Tze Leng toward the disposal.

Both Unified Communications Sdn. Bhd. and Unified Communications Pte. Ltd. are in the process of preparing for the listing of its shares on the Main Board of the Singapore Stock Exchange via Unified Communications Holdings Pte Ltd and this exercise is expected to be completed by end of 2003.

As part of the listing scheme, UCH will undertake a restructuring exercise to acquire the entire issue and paid-up capital of UCSB and UCPL providing Linear with a 25% equity interest in UCH.

Having purchased both UCSB and UCPL at a combined cost of RM6.9 million in October 2000, the proposed disposal is expected to give rise to a capital gain of approximately RM20.36 million of which the proceeds will be utilized to finance the future expansion plans of the Company.

The balance 8.78% held by Linear is expected to be disposed to the Singapore public via an offer for sale pursuant to the Listing scheme of UCH at a later stage and this will subsequently realize an additional capital gain to the Company.

Linear is also currently carrying out a Rights Issue of 17,249,444 new ordinary shares of RM1 each together with 17,249,444 free detachable warrants at an issue price of RM1.00 per share on the basis of 1 rights shares with 1 warrant for 3 existing shares held. The book closure date of the exercise has been announced and fixed at 5.00 pm 11th August 2003.

Upon the completion of its corporate exercises and rights issues, Linear’s share capital will increase from RM51.7 million to RM75 million.

Established in 1998, Unified Communications is a telecommunications technology specialist engaged in developing and providing telecommunications enabling solutions to telecommunications companies ranging from international carriers to service providers and resellers of telecommunication services, in the Asia Pacific region.

With offices in Singapore, Malaysia, Philippines and presence in Hong Kong, Thailand, Indonesia and Taiwan, Unified Communications operates as solution provider for telecom companies, as well as supplier of one stop telecom enabling solutions.

Unified Communications provides a facet of telecommunication solutions. One of which include its prepaid mobile system which enables mobile network providers to overcome call billing and collection problems by providing a product designed for customers to pay up-front for specific value of calls.

Unified Communications has enabled the largest mobile network provider in Philippines to launch its prepaid mobile services.