KUALA LUMPUR, August 27 - Esso Malaysia Berhad today announced the Company's second quarter and first half results for the year ended June 30, 2010 as follows:

The Company recorded an after tax profit of RM71 million in the second quarter, RM58 million lower than in the second quarter of last year. Profits for the first half of 2010 were RM132 million, compared to the profits of RM180 million in the first half of 2009. The results mainly reflected the absence of inventory gains recorded in the second quarter and first half of 2009. However, excluding this effect, margins in both periods in 2010 had improved over the same periods of last year.

Revenues for the second quarter and first half of the year were RM2.2 billion and RM4.3 billion respectively, versus RM1.9 billion and RM3.4 billion for the same period in 2009 driven by higher average product prices.

Global economic trends will continue to influence the crude price environment and industry outlook. Recognising that potential for earnings volatility remains, the Company will continue to focus on flawless operations, product and service quality and cost control.