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

BackMay 05, 2008
Part I
1. Date of notice to issuer 05/05/2008
2. Name of Substantial Shareholder Dornier Profits Limited
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 30/04/2008
2. The change in the percentage level From 29.60 % To 24.62 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Restructuring involving companies in the Salim group and certain shareholders of such companies pursuant to which Dornier has become an intermediate holding company in respect of 21.02% of the issued shares of the Company owned by PT Herwido Rintis, and Dornier acquired 0.04% of the issued shares of the Company.

Dornier has ceased to be an intermediate holding company in respect of shares of the Company owned by Parallax Venture Partners XXX Ltd.
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 86,000,000 628,293,350
As a percentage of issued share capital 3.56 % 26.04 %
No. of shares held after the change 87,000,000 507.011,738
As a percentage of issued share capital 3.60 % 21.02 %
Footnotes The percentage level is calculated based on the total issued share capital of 2,412,482,556 ordinary shares as at 30 April 2008.

The listing exercise of the Company was sponsored by Asian Corporate Advisors Pte. Ltd. and Genesis Capital Pte. Ltd. (collectively, the "Managers"). The Managers assume no responsibility for the contents of this announcement.