Reply To Query Regarding Trading Activity

This reply is in response to a query by the Singapore Exchange on 16/06/2009

16 June 2009

Singapore Exchange Securities Trading Limited
2 Shenton Way #19-00
SGX Centre 1
Singapore 068804

Attention: Mr Glenn Seah
Vice President
Head, Market Surveillance
Risk Management & Regulation

Dear Sirs

REPLY TO QUERY REGARDING TRADING ACTIVITY

We refer to the questions posed in your letter of 16 June 2009 and wish to reply as follows:

Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading?
-If yes, the information must be announced immediately.

Answer to Question 1: WBL Corporation Limited ("the Company") and its Directors are not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies which, if known, might explain the trading.

Question 2: Are you aware of any other possible explanation for the trading?

Answer to Question 2: The Company and its Directors are not aware of any other possible explanation for the trading.

Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?

Answer to Question 3: The Company confirms that it has complied with the listing rules and, in particular, listing rule 703.

Yours faithfully
WBL Corporation Limited
Tan Swee Hong
Company Secretary