The objective of this paper is to study the near-optimum regulators for multi-time scale singularly perturbed systems. This is accomplished by using a slow and fast mode decomposition which provides three lower order control problems in different time scales. The near-optimal control for the overall control system is obtained in terms of the optimal control laws for three lower order control problems. Furthermore, the near-optimal performance index of the original control problem is obtained in terms of the lower order control problems in separate time scales