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

BackJan 19, 2009
Part I
1. Date of notice to issuer 16/01/2009
2. Name of Substantial Shareholder UOL Group Limited ("UOL")
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 14/01/2009
2. The change in the percentage level From 14.08 % To 15.44 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Pursuant to on and off-market acquisitions
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 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 0 193,989,200
As a percentage of issued share capital 0 % 14.08 %
No. of shares held after the change 0 212,639,200
As a percentage of issued share capital 0 % 15.44 %
Footnotes The deemed interest comprises shares held by UOL through nominees and through wholly-owned subsidiary, UOL Equity Investments Pte Ltd.

b) The percentages are computed based on UIC's issued and paid up shares of 1,377,481,220 as at 14 January 2009.