Reference is made to the announcement made by the Company on 21 April 2008 pertaining to the above. Pursuant to Notes 3.4(a) and (b) of Practice Note 19/2006 of the Listing Requirements ("LR"), the Board of Directors of HELP wishes to announce that the public shareholding spread of HELP based on the Record of Depositors of the Company as at 18 June 2008 is as follows:-

Percentage of public shareholding - 24.10%
Number of public shareholders holding not less than 100 shares each - 830

Under Para 8.15(1) of the LR, a listed company must ensure that at least 25% of its total listed shares are in the hands of a minimum of 1,000 public shareholders holding not less than 100 shares each ("Required Public Shareholding Spread").

Paragraph 8.15(3) of the Listing Requirements of Bursa Malaysia Securities Berhad states that the listed company may request for an extension of time to rectify the situation in the event a listed company fails to maintain the required shareholding spread. In this regard, the Company has submitted its application for an extension of time until 31 December 2008 for the Company to comply with the Required Public Shareholding Spread.

The Rectification Plan of the Company as previously announced and still ongoing includes:-

(i) Increasing promotional and investor relations ("IR") activities such as the following to create more publicity and awareness amongst the media, investors and the general public:-
HELP University College Sdn. Bhd. ("HUC"), a wholly-owned subsidiary of the Company was featured in the Anniversary Book commemorating the 150th anniversary of University of London (External) Programme which was distributed worldwide;
In terms of media publications, the excellent academic achievements by students from the various academic programmes of HELP University College were publicized in the major newspapers in Malaysia creating awareness of its high academic standards and achievements;
The Company celebrated its 22nd Anniversary on 1 April 2008 in which the Deputy Minister of Higher Education was the guest-of-honour. There was heavy media coverage on this event which highlighted HELP's future and history as a pioneer and major player in the education industry; and
The intensive publicity of HUC's development of a new self-contained campus in Subang 2 has generated a lot of interest and awareness on the excellent future prospects of the Company.
(ii) Intensive meeting with existing and prospective institutional investors as well as brokerage houses' representatives and business associates;
(iii) Management briefing to the employees of the Company with regard to the prospect of the Company to encourage them to invest in the Company; and
(iv) Continuous participation in IR activities such as CMDF-Bursa Scheme II and as a member of the Malaysian Investor Relations Association (MIRA).

The Company will continually monitor and explore feasible measures to comply with the Required Public Shareholding Spread.

This announcement is dated 30 June 2008.