ASIA POWER CORP LTD: NOTICE OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	ASIA POWER CORP LTD
Company Registration No.	199701487C
Announcement submitted on behalf of	ASIA POWER CORP LTD
Announcement is submitted with respect to *	ASIA POWER CORP LTD
Announcement is submitted by *	ANG LAY PENG
Designation *	COMPANY SECRETARY
Date & Time of Broacast	12-Feb-2008 17:49:32
Announcement No.	00056
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	12/02/2008
2. Name of Substantial Shareholder *	CHINA ENERSAVE LIMITED
3. Please tick one or more appropriate box(es): *
- Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]

>> Part II
1. Date of change of Interest	05/02/2008
2. Name of Registered Holder	RENEWABLE ENERGY HOLDINGS PRIVATE LIMITED
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Share Subscription
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	0
As a percentage of issued share capital	0 %
No. of Shares which are subject of this notice	40,000,000
As a percentage of issued share capital	9.88 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.33
No. of Shares held after the change	40,000,000
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 Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	0
As a percentage of issued share capital	0 %	0 %
No. of shares held after the change	0	40,000,000
As a percentage of issued share capital	0 %	9.88 %

Footnotes

The percentages are computed based on 405,010,010 issued shares.