Investors

TTC has a turnover of in excess of �2.5 million (S$7.25 million) and employs 70 staff operating from offices in Nitra, Bratislava and Kosice. The new business will complement our existing skills and capability and provide a base to expand our activities into Central and Eastern Europe and the countries of the former Soviet Union.

TTC develops and markets a pipeline simulation, monitoring, management and leak detection system for oil and gas pipelines. It has undertaken projects in Slovakia, the Czech Republic, the United Kingdom, the USA, India, Libya, Azerbaijan and Georgia.

CSE intend to build the TTC business by offering its expertise to relevant CSE customers and by seeking new opportunities globally. The existing management team will remain in the business led by Managing Director R�bert Hul�k.

CSE proposes to finance the acquisition from the internally generated funds and bank borrowings.

The transaction above is not expected to have any material impact on the net earnings per share, and net tangible assets per share of CSE for the financial year ending 31 December 2003.

None of the substantial shareholders of CSE or Directors has any interest, direct or indirect, in the acquisition.

Information on CSE

CSE Global Limited is a global system integrator listed on the main board of the Singapore Exchange (SGX: CSE Sys), operating in the Americas, Europe, the Middle East and Asia. With over 700 employees worldwide, the Group provides state-of-the-art, cost-effective total integrated industrial automation and information technology solutions to clients globally in the energy (Oil & Gas/Power), chemical/petrochemical, water and telemetry, healthcare, banking and finance and public sectors. Visit www.cse-global.com for more information.

Contact Information CSE Global Ltd Lim Boon Kheng boonkheng@cse.com.sg Tel: 9735-2618