Announcements & News Releases

Sales In Open Market At Own Discretion On 12/05/2004. 3000000 Shares Pertaining To Director Lum Ooi Lin

May 13, 2004

PART I

1. Date of notice to issuer: 12/05/2003
   
2. Name of Director: Lum Ooi Lin


3. Please tick one or more appropriate box(es):

x
a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Parts II and IV]

PART II

1. Date of change of interest: 12/05/2004
   
2. Name of Registered Holder: Lum Ooi Lin
   
3. Circumstance(s) giving rise to the interest or change in interest: Sales in open market at own discretion

4. Information relating to shares held in the name of the Registered Holder: -

No. of shares held before the change: 138,739,587
As a percentage of issued share capital: 44.32
   
No. of shares which are the subject of this notice: 3,000,000
As a percentage of issued share capital: 0.96
   
Amount of consideration (excluding brokerage and stamp duties) per share paid or received: 1.44
   
No. of shares held after the change: 135,739,587
As a percentage of issued share capital: 43.36


PART III

1. Date of change of interest:  
   
2. The change in the percentage level: From % to %
   
3. Circumstance(s) giving rise to the interest or change in interest:  

4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions.




PART IV

1. Holdings of Director, including direct and deemed interest: -

-
Direct
Deemed
No. of shares held before change:
138,739,587
% of issued share capital:
44.32
-    
No. of shares held after change:
135,739,587
% of issued share capital:
43.36


[Enter any additional comments here]

Submitted by Lim Kim Seng, Company Secretary on 13/05/2004 to the SGX