May 21 2007 - Win Marina Bay Sands IR Project

Very promising development by CSC! The winning of this $240m project is going to boost CSC's fundamental significantly in FY0708. Latest market rumors speculating CSC may have chance to win Sentosa IR project as well. If it does get it, CSC will establish itself as a solid and reputed construction company in Singapore and it will become my mid-term investment stock (2-3 years) or be my long-term stock if CSC keeps delivering good results in the next couple of years.


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INTEGRATED RESORTS PROJECT AT MARINA BAY

The Board of Directors (“The Board”) of CSC Holdings Limited (the “Company”) wishes to announce that its wholly owned subsidiary, L&M Foundation Specialist Pte Ltd has been awarded a contract by Marina Bay Sands Pte Ltd for the Marina Bay Sands Integrated Resort Development, Package 2220 – Construction Contract for Piling and Diaphragm Walls (Podium North).

This contract sum is approximately $240 million. Works are scheduled to commence in June
2007 and expected to be completed in February 2008.

This contract is expected to contribute positively to the financial results of the Company and
its subsidiaries for the current financial year.

None of the directors or substantial shareholders of the Company has any interest, direct or
indirect, in the above contracts.

By Order of the Board
Lee Quang Loong
Company Secretary

Date : 21 May 2007

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