INTI UNIVERSAL HOLDINGS BERHAD ("Company")

Notification received from INTI Supreme Holdings Sdn Bhd ("ISHSB"), a major shareholder of the Company

The Board of Directors of the Company wishes to inform that the Company has on 18 September 2007 received a notification from ISHSB, a major shareholder of the Company that ISHSB had on 12 September 2007 received a letter and term sheet dated 12 September 2007 from Laureate Education, Inc. (“Laureate”) setting out a proposal to acquired controlling interest in the Company. This proposal entail, among others, the acquisition of ISHSB’s entire shareholding interests of 105,500,000 ordinary shares of RM0.50 each in the Company, representing 51.19% equity interest in the Company, for an aggregate purchase consideration of RM126,600,000 (translating into the price of RM1.20 per share) (“First Acquisition”). Should the First Acquisition be successfully completed, a mandatory general offer for the remaining shares of the Company not owned by ISHSB will be undertaken. Laureate is a leading international university network of accredited campus-based and online universities, which includes 24 accredited institutions in Asia, Europe, and the Americas. Together, these independently branded universities offer a broad range of undergraduate, graduate, and vocational-technical programs, including business, law, education, communications, social sciences, health sciences, engineering, information technology, hospitality management, humanities and architecture. The Board of Directors of ISHSB had on 18 September 2007 replied to Laureate informing Laureate that the Board of ISHSB has agreed in principle to the aforesaid proposal and would like to explore the aforesaid proposal further especially on the terms and structure of the First Acquisition. The Board of ISHSB had also agreed to negotiate with Laureate on an exclusive basis for three (3) months, with an option for either parties to extend the period for a further one (1) month from the expiry of the said three (3) months. Among others, the proposal will be subject to the approvals of relevant authorities, ISHSB shareholders and satisfactory due diligence.

This announcement is dated 19 September 2007