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

BackMar 10, 2009
Part I
1. Date of notice to issuer 09/03/2009
2. Name of Substantial Shareholder UOL Equity Investments Pte Ltd
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 09/03/2009
2. The change in the percentage level From 28.18 % To 29.04 %
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: The change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 86,400,000 301,753,665
As a percentage of issued share capital 6.27 % 21.91 %
No. of shares held after the change 0 400,046,665
As a percentage of issued share capital 0 % 29.04 %
Footnotes The direct interest in 86,400,000 UIC shares has been transferred and held under the name of DBS Nominees Pte Ltd.

The deemed interest in the shares are held through nominees.

The percentages are computed based on UIC's issued and paid up shares of 1,377,481,220 as
at 9 March 2009.