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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackMar 26, 2009
Part I
1. Date of notice to issuer 24/03/2009
2. Name of Substantial Shareholder Irina Nair
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 30/12/2008
2. The change in the percentage level From 6.73 % To 6.73 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Transfer of shares from direct interest to DMG & Partners Securities Pte Ltd (deemed interest)
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: There is no change in the percentage level.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 35,612,399
As a percentage of issued share capital 0 % 6.73 %
No. of shares held after the change 0 35,612,399
As a percentage of issued share capital 0 % 6.73 %
Footnotes Deemed Interests:

- 30,932,399 shares held by her husband, Mr. Sudeep Nair
- 1,680,000 shares held by UOB Kay Hian Pte Ltd
- 1,800,000 shares held by Kim Eng Securities Pte Ltd
- 1,200,000 shares held by DMG & Partners Securities Pte Ltd

Ms. Irina Nair is deemed interested in the shares held by Mr. Sudeep Nair.

The transfer of shares is from Mr. Sudeep Nair's direct interest to DMG & Partners Securities Pte Ltd.