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Notice Of A Substantial Shareholder's Interest

BackMar 11, 2008
Part I
1. Date of notice to issuer 29/02/2008
2. Name of Substantial Shareholder LINGCO MARINE 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 Shareholding 29/02/2008
2. The change in the percentage level From 7.67 % To 7.67 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF WARRANTS
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: THE CHANGE 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 3370000 0
As a percentage of issued share capital 7.67 % 0 %
No. of shares held after the change 4493333 0
As a percentage of issued share capital 7.67 % 0 %