SWIBER ACHIEVES 9.4% INCREASE IN NET PROFIT

SWIBER ACHIEVES 9.4% INCREASE IN NET PROFIT TO US$24.5 MILLION IN 1HFY2011

- Revenue rises 73.1% to US$331.2 million

- Strong orderbook of US$722.0 million, expected to contribute to Group’s results over the next two years

- Cash and cash equivalents increases 32.4% to US$94.2 million as at June 30, 2011