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

BackJun 23, 2011
Part I
1. Date of notice to issuer 23/06/2011
2. Name of Substantial Shareholder CHINA LION INTERNATIONAL 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 22/06/2011
2. The change in the percentage level From 13.42 % To 12.42 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Please see Annex A.
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 the following transactions:- (a) From 13.42% to 12.42% following the sale of 10,588,293 shares in the issued share capital of Courage Marine Group Limited 勇利航業集團有限公司 ("Shares") comprising approximately 1% of the issued Share capital; and (b) From 12.42% to 13.42% following the return of the Shares after the expiry of the Bridging Period (as defined in Annex A).
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 142,081,611 6,737,000
As a percentage of issued share capital 13.42 % 0.64 %
No. of shares held after the change 142,081,611 6,737,000
As a percentage of issued share capital 13.42 % 0.64 %
Footnotes The percentage of issued Share capital before and after the change set out in Parts III and IV above is computed based on the issued Share capital of 1,058,829,308 Shares.

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