Notice of Shares Buy Back - Immediate Announcement

January 21, 2009

Reference No CMI-090120-27563

Company Name : CANWOLF CORPORATION BERHAD
Stock Name : SCNWOLF
Date Announced : 21/01/2009

Date of buy back : 21/01/2009

Description of shares purchased : Ordinary shares of RM0.50 each

Total number of shares purchased (units) : 100

Minimum price paid for each share purchased (RM) : 0.300

Maximum price paid for each share purchased (RM) : 0.300

Total consideration paid (RM) : 43.01

Number of shares purchased retained in treasury (units) : 100

Number of shares purchased which are proposed to be cancelled (units) :

Cumulative net outstanding treasury shares as at to-date (units) : 264,900

Adjusted issued capital after cancellation (no. of shares) (units) :

Remarks