| Part I |
| 1. |
Date of notice to issuer |
05/06/2012 |
| 2. |
Name of Substantial Shareholder |
NAUTICAL INTERNATIONAL HOLDINGS 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 Deemed Interest |
05/06/2012 |
| 2. |
The change in the percentage level |
From 56.142 % To 56.17 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| 4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
BY MARKET PURCHASED THROUGH SERIES OF TRANSACTION |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
133,057,374 |
58,247,000 |
| As a percentage of issued share capital |
39.048 % |
17.094 % |
| No. of shares held after the change |
133,057,374 |
58,342,000 |
| As a percentage of issued share capital |
39.048 % |
17.122 % |
| Footnotes |
Of the deemed interest of 58,342,000, 13,128,000 shares are held in the names of Phillip Securities Pte Ltd; 5,000,000 shares are held in the names of UBS Bank; 6,214,000 shares are held in the names of Citibank Consumer Nominees Pte Ltd and 34,000,000 are held in the names of DMG & Partners Securities Pte Ltd. |
|