Effective 1st September 2003, the operations of the North-South Expressway, the New Klang Valley Expressway, Federal Highway Route 2 (under PLUS), the North-South Expressway Central Link (ELITE), and the Second Crossing (LINKEDUA) have been integrated under PLUS Expressways Berhad (PEB) as the Operating Company.

PEB, a subsidiary of the UEM Group, offers a wide range of operation services to highway concession companies both within and outside the UEM Group. These services include toll management, traffic safety management, concession monitoring, maintenance management, expansion planning and implementation, as well as marketing services.

As an outsourcing partner, PEB's services allow Expressway Concessionaires to focus on the ownership responsibilities of their assets - strategic management, revenue collection, and all other obligations and liabilities. PEB's concessionaire relationships will also be governed by Service Level Agreements (SLAs) that form the basis of service delivery.

As an Operating Company, PEB will initially service UEM Group partners, which will provide a strategic platform for further development both domestically and in developing regional markets such as India and China. Currently operating approximately 78% of the total length of toll expressways in Malaysia, PEB is poised to become a globally competitive player in the Expressway industry.

Through cost optimisation and continuing process and productivity enhancements, PEB is continually improving overall efficiency of the Group's expressway companies. In addition, the economies of scale inherent in the consolidation will drive consistency of service levels for motorists across all three expressways.

Internally, this integrated model will provide exposure and career growth opportunities for PEB staff, allowing them to advance along with the planned expansion of the Company.

Full implementation is expected by January 2004.