HOTEL GRAND CENTRAL LTD: NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	HOTEL GRAND CENTRAL LTD
Company Registration No.	196800243H
Announcement submitted on behalf of	HOTEL GRAND CENTRAL LTD
Announcement is submitted with respect to *	HOTEL GRAND CENTRAL LTD
Announcement is submitted by *	TRUST CORPORATE SERVICES PTE LTD
Designation *	COMPANY SECREATRY
Date & Time of Broacast	11-Jan-2008 14:58:04
Announcement No.	00039
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	11/01/2008
2. Name of Director *	TAN ENG TEONG
3. Please tick one or more appropriate box(es): *
- Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]

>> Part II
1. Date of change of Deemed Interest	10/01/2008
2. Name of Registered Holder	TAN ENG TEONG PTE LTD
3. Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
# Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	19,943,354
As a percentage of issued share capital	4.28 %
No. of Shares which are subject of this notice	10,000
As a percentage of issued share capital	0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	1.01
No. of Shares held after the change	19,953,354
As a percentage of issued share capital

>> Part III
1. Date of change of [Select Option]
2. The change in the percentage level	From % to %
3. Circumstance(s) giving rise to the interest or change in interest	[Select Option]
# Please specify details
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 the change	25,053	245,023,169
As a percentage of issued share capital	0.005 %	52.61 %
No. of shares held after the change	25,053	245,033,169
As a percentage of issued share capital	0.005 %	52.61 %

Footnotes

Deemed to have interest in 19,953,354 shares held by Tan Eng Teong Pte Ltd, 224,249,365 shares held by Tan Chee Hoe & Sons Sdn Bhd and 830,450 shares held by his wife.