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Notice Of A Substantial Shareholder's Interest

BackDec 29, 2009
Part I
1. Date of notice to issuer 29/12/2009
2. Name of Substantial Shareholder HSBC Holdings plc
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Interest 29/12/2009
2. Name of Registered Holder Sea-Sea Marine Company Limited; Pilot Assets Group Limited; Silverbloom Holdings Ltd
3. Circumstance(s) giving rise to the interest or change in interest # Others

Acquisition of deemed interest in 142,081,611 shares of Courage Marine Group Limited ("Company") representing 13.419% of the issued shares of the Company directly held by Sea-Sea Marine Company Limited ("SSMC") and 6,737,000 shares of the Company representing 0.636% of the issued shares of the Company held by Pilot Assets Group Limited ("PAGL") which SSMC is deemed interested in. The acquisition of the deemed interest in the Company by Besco Holdings Ltd (BVI) ("Besco") arises from an acquisition by Besco of 100% of the shares of SSMC from Mr Hsu Chih-Chien. Besco is wholly owned by HSBC International Trustee Limited ("HKIT") as trustee of a discretionary trust. HKIT is thus deemed to have an indirect interest in the shares of the Company.

HSBC Holdings plc is deemed to have an interest in the shares of the Company which are held by HSBC International Trustee Limited.

HSBC International Trustee Limited is a wholly-owned subsidiary of The Bank of Bermuda Limited, which is a wholly-owned subsidiary of HSBC Asia Holdings B.V., which is a wholly-owned subsidiary of HSBC Asia Holdings (UK) Ltd, which is a wholly-owned subsidiary of HSBC Holdings BV, which is a wholly-owned subsidiary of HSBC Finance (Netherlands), which is a wholly-owned subsidiary of HSBC Holdings plc.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 750000
As a percentage of issued share capital 0.071 %
No. of Shares which are subject of this notice 148818611
As a percentage of issued share capital 14.055 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 149568611
As a percentage of issued share capital 14.126 %
Part III - Not Required
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 750000
As a percentage of issued share capital 0 % 0.071 %
No. of shares held after the change 0 149568611
As a percentage of issued share capital 0 % 14.126 %
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