| Part I |
| 1. |
Date of notice to issuer |
19/06/2008 |
| 2. |
Name of Substantial Shareholder |
Telegraph Developments Ltd ("Telegraph"), JG Summit Philippines Limited (deemed interest through Telegraph), JG Summit Holdings, Inc. (deemed interest through Telegraph) |
| 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 |
18/06/2008 |
| 2. |
The change in the percentage level |
From 34.003 % To 34.076 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| 4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
Several market transactions - purchase of 1,000,000 shares in United Industrial Corporation Limited ("UIC") by Telegraph Developments Ltd on 18 June 2008. |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
0 |
468,388,000 |
| As a percentage of issued share capital |
0 % |
34.003 % |
| No. of shares held after the change |
0 |
469,388,000 |
| As a percentage of issued share capital |
0 % |
34.076 % |
| Footnotes |
The above percentages are computed based on UIC's issued shares of 1,377,481,220 as at 18 June 2008.
By virtue of Section 7 of the Companies Act:
a) JG Summit Philippines Limited, which is the holding company of Telegraph Developments Limited, is deemed to have an interest in the shares in which Telegraph Developments Limited has an interest in;
b) JG Summit Holdings, Inc., which is the holding company of JG Summit Philippines Limited, is deemed to have an interest in the shares in which JG Summit Philippines Limited has an interest in; and
c) Mr John Gokongwei, Jr. is deemed to have an interest in the shares which JG Summit Holdings, Inc. has an interest in, by virtue of Mr John Gokongwei, Jr.'s interest of not less than 20% of the voting shares in JG Summit Holdings, Inc.
|
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