2006/07/03

1. Amcor is one of the world’s leading packaging companies with annual sales of around Aust dollar 11 Billion. Amcor operates 224 manufacturing plants in 36 countries. It is listed on the Australian Stock Exchange, code AMC. For further information on Amcor please refer to the website www.amcor.com.

2. K Laser group has entered into agreements with Amcor at the date of July 1, 06'. 
K Laser Taiwan will issue 5,600,000 new shares of common stock to Amcor by way of conducting a private placement at NT$20 per share. Amcor will have 4.2% shareholding in K Laser Taiwan. K Laser China will also issue 2,776,552 new share of common stock to Amcor at total US$10M and Amcor will have 16.67% shareholding in K Laser China. In order to have more solid cooperation, both K Laser & Amcor grant options to each party which Amcor will increase its shareholding in K Laser China and K Laser Taiwan will require Amcor to invest K Laser Taiwan over the next two years upon the exercise of Amcor’s options in K Laser China.

3. Due to eye-catching optical diffraction effect, anti-counterfeiting characteristic, variety applications and rapid cost down these years, holographic materials become more and more popular and widely accepted in packaging market to increase the add-on value of the products. Amcor has caught the market trend and decide to introduce holographic materials into their packaging products.

4. Amcor has the reputation of being the largest packaging company in the world. They are very cautious in strategically pursuing holographic packaging materials providing partner worldwide. The ideal partner for Amcor has to match her standard in all kinds of aspects such as quality wise, price wise, capacity wise, and even more technology wise. Apparently K Laser Group is the only one posses the equal standard as Amcor to become perfect partners.

5. Due to the excellent outlook in high growth of holographic technologies, Amcor and K Laser can build value through the strategy alliance. Amcor can expand its portfolio of value added packaging materials by accessing leading technology in the development and production of holographic films. These films are increasingly being used in the manufacture of tobacco packaging for premium products in the Chinese market. K Laser has opportunity to expand the market for holographic films in other geographic segments.