IJM CORPORATION BERHAD ("IJM" or "the Company")

•	Conditional take-over offer by IJM for all the ordinary shares of RM1.00 each of Road Builder (M) Holdings Bhd (“RBH”) (“RBH Shares”) at the offer price of RM3.00 per share to be satisfied by the issuance of up to 273,293,885 new ordinary shares of RM1.00 each of IJM (“IJM Shares”) on the basis of one (1) new IJM Share at the issue price of RM6.00 for every two (2) existing RBH Shares (“Offer Shares”) held (“Offer”); and

•	Mandatory general offer by IJM for the remaining ordinary shares of RM1.00 each of RB Land Holdings Berhad ("RB Land") at the offer price of RM0.50 per share (“RB Land Offer”).

Further to the announcement of 12 March 2007, Aseambankers Malaysia Berhad (“Aseambankers”) on behalf of IJM, wishes to announce that, in accordance with the provisions of Section 34 of the Securities Commission Act, 1993, IJM has on 20 March 2007 despatched the notice to the dissenting shareholders of RBH ("Notice") stating its desire to acquire the remaining RBH Shares of the dissenting shareholders (being RBH shareholders who had not accepted the Offer as at the Closing Date of 11 March 2007), on the basis of one (1) new IJM Share at the issue price of RM6.00 for every two (2) existing RBH Shares, together with a statutory declaration confirming that the condition for the sending of the Notice has been satisfied.

In addition, in relation to the announcement of 19 March 2007, the approval of the Securities Commission (under the Foreign Investment Committee Guidelines on the Acquisition of Interests, Mergers & Take-Overs by Local and Foreign Interests 2004) had already been obtained for the RB Land Offer.

This announcement is dated 20 March 2007.