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as at 11 June 2009

SHAREHOLDINGS HELD IN HANDS OF PUBLIC

Rule 723 of the Listing Manual of the Singapore Exchange Securities Trading Limited ("Listing Manual") requires that at least 10% of the total number of issued shares excluding treasury shares (excluding preference shares and convertible equity securities) of a listed company in a class that is listed are at all times held by the public.

Based on the information available to the Company, approximately 51.26% of the issued ordinary shares of the Company is held by the public and therefore Rule 723 of the Listing Manual is complied with.