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Notice Of Cessation Of Substantial Shareholding

BackJun 09, 2011
Part I
1. Date of notice to issuer 09/06/2011
2. Name of Substantial Shareholder Lippo Holdings Inc. ("LHI")
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 08/06/2011
2. The change in the percentage level From 18.22 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

1) On 23 May 2011, Lippo Strategic Holdings Inc. ("LSH") entered into an agreement to dispose of 197,658,026 Units to Bridgewater International Ltd. The transaction was completed on 8 June 2011.

2) LSH is a wholly-owned subsidiary of LHI. As such, LHI has ceased to be a substantial unitholder of the LMIR Trust.
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 the transaction described in Part III(3).
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 197,658,026
As a percentage of issued share capital 0 % 18.22 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %
Footnotes 1) Percentage of unitholding is computed based on 1,084,967,455 Units in issue as at 8 June 2011.

2) Where reference is made to shares, it refers to the units in LMIR Trust.
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