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

BackJun 12, 2008
Part I
1. Date of notice to issuer 10/06/2008
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 10/06/2008
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

Bonus Issue on the basis of one (1) bonus share for every five (5) existing shares held.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 29,677,000
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 1) The percentage of issued share capital before the change is based on the Company's share capital of 440,870,000 (before bonus issue).

2) The percentage of issued share capital after the change is based on the Company's share capital of 529,043,999 (after bonus issue).

Deemed Interests (including bonus issue):
- 17,115,256 shares held by her husband, Mr Sudeep Nair
- 15,017,143 shares held by Bestgate Investments Ltd
- 1,800,000 shares held by Kim Eng Securities Pte Ltd
- 1,680,000 shares held by UOB Kay Hian Pte Ltd