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

BackDec 31, 2009
Part I
1. Date of notice to issuer 30/12/2009
2. Name of Substantial Shareholder Lippo Capital 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 Deemed Interest 30/12/2009
2. The change in the percentage level From 19.73 % To 18.39 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

On 30 December 2009, Lippo Strategic Holdings Inc. transferred out 14,445,791 LMIRTrust units. Lippo Strategic Holdings Inc. is a wholly-owned subsidiary of Lippo Holdings Inc. Lippo Holdings Inc. is in turn a wholly-owned subsidiary of Lippo Capital Limited.

As such, Lippo Capital Limited is deemed to have an interest in the LMIR Trust units held by Lippo Strategic Holdings Inc.
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 a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 212,103,817
As a percentage of issued share capital 0 % 19.73 %
No. of shares held after the change 0 197,658,026
As a percentage of issued share capital 0 % 18.39 %
Footnotes 1) Where reference is made to shares, it refers to the units in LMIR Trust.

2) The percentage figures shown above are calculated based on a total of 1,074,848,703 units in issue as at 6 November 2009.


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