TANJUNG OFFSHORE BERHAD

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CHAIRMAN’S STATEMENT Launch of “D’Puncak Gotong Royong” at our head offi ce at Puncak Setiawangsa by Y.B. Datuk Raja Nong Chik Corporate Social Responsibility (cont’d) The Tanjung Group has also supported various community services and activities at “Yayasan Pendidikan Cheras” which was established to support the education needs of children from low income groups in Kuala Lumpur. We have provided various scholarships, incentives and support programmes to reward and support able students from the lower income group to further their studies at higher institutions of learning. We have also sponsored practical training courses as part of the overall graduate programmes at local universities such as Universiti Teknologi Mara, International Islamic University Malaysia, Universiti Kuala Lumpur, Universiti Malaya, Universiti Utara Malaysia, Universiti Tenaga Nasional, TATI University College and Universiti Teknologi Petronas. These practical training programmes involved hands-on training at our maintenance workshops and formal seminars and discussions at our offi ces for various engineering disciplines within the oil and gas industry. Through these practical training programmes, we are also able to offer employment to local graduates who have passed our formal selection criteria. We believe in supporting these programmes which will be provide mutual benefi ts to the career developments of local graduates and Tanjung Group on a long term basis. In January this year, we have successfully organised a “D’Puncak Gotong-Royong” at our corporate head offi ce at Puncak Setiawangsa, Kuala Lumpur. The programme was aimed at preserving cleanliness in the vicinity of our corporate offi ce and also forging closer ties between our staff and the residents within the neighbourhood. We also invited our Federal Territories and Urban Well-Being Minister, Y.B. Dato’ Raja Nong Chik to launch the programme. At the same event, Tanjung donated RM10,000.00 to “Tabung Bencana Wilayah Persekutuan” held under the ministry. 37 Dividends TANJUNG OFFSHORE BERHAD (662315-U) ANNUAL REPORT 2009 Tanjung Group’s employees participating in the “Gotong Royong” During the fi nancial year ended 31 December 2009, the Company had paid an interim dividend of 8% or RM0.04 sen per share of RM0.50 (less 25% taxation) on 2 April 2009. The Board of Directors has decided to retain the remaining profi ts earned during the year under review and no further dividend is recommended for the fi nancial year ended 31 December 2009. Corporate Governance The Board believes in the maintenance of the highest standards of corporate governance practices within the Group as a fundamental part of discharging our responsibilities to protect and maximize shareholders’ value and enhancing the continued business prosperity of the Group. The measures implemented have been highlighted in the Corporate Governance Report in this annual report. Tanjung Group’s employees cleaning up the neigbourhood with the residents of Puncak Setiawangsa, Kuala Lumpur
TANJUNG OFFSHORE BERHAD (662315-U) ANNUAL REPORT 2009 CHAIRMAN’S STATEMENT Our booth at the Oil, Gas & Petrochemical Engineering Exhibition (OGA 2009) Tun Dr Mahathir Mohamad visiting our booth at the OGA 2009 Investor Relations During the year, we have organised various site visits to our workshops, new vessel launches and analysts briefi ngs as well as participating in investor road shows. This is to establish proactive and timely communication linkages with the investment community such as institutional investors, fund managers, analysts and media on our fi nancial performance and business operations. Our Company’s website is also updated on a regular basis to refl ect the latest developments and improving public awareness of the Group at the same time. In June 2009, we have also participated in the 13th Asian Oil, Gas & Petrochemical Engineering Exhibition (OGA 2009) which was held in Kuala Lumpur. The participation was to further promote our Group’s range of products and services for the industry. 38 Our staff explaining our products and services to visitors at our booth at the OGA 2009. Appreciation On behalf of the Board of Directors of Tanjung, I wish to extend our sincere appreciation and gratitude to our Finance Director, Haji Abdullah Bin Hashim who has announced his retirement effective 31 March 2010. I also wish to extend my gratitude and appreciation to our management and staff for their continuous commitment and dedication in reinforcing our position as one of the leading oil and gas service providers in Malaysia. We would also like to take this opportunity to thank our valued institutional and individual shareholders for your confi dence and believe in the long term prospects of the Group, the oil majors, in particular PETRONAS, for their continuous support over the years, our business associates and principals for the successful collaboration in various business operations, our bankers and government authorities for their vital role in our strategic planning and execution of projects. Lastly, my special thanks also to my colleagues on the Board of Tanjung for their invaluable support and guidance throughout the year. ..................................................................... DATUK WIRA SYED ALI BIN TAN SRI SYED ABBAS ALHABSHEE Independent Non-Executive Chairman 30 April 2010
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