Announcements & News Releases

Notice Of A Substantial Shareholder's Interest

Oct 30, 2008
Part I
1. Date of notice to issuer 29/10/2008
2. Name of Substantial Shareholder Matthews International Capital Management, LLC
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 Deemed Interest 29/10/2008
2. The change in the percentage level From 6.43 % To 5.30 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Sale for investmet purposes only
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. Please note that the share amounts reported below includes shares previously reported by Matthews International Funds, a discretionary investment fund whose interest in Hyflux shares is managed by Matthews International Capital Management, LLC acting as its Investment Advisor.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 28,671,499
As a percentage of issued share capital 0 % 5.46 %
No. of shares held after the change 0 27,837,499
As a percentage of issued share capital 0 % 5.30 %