ASA GROUP HOLDINGS 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 *	ASA GROUP HOLDINGS LTD
Company Registration No.	199508258M
Announcement submitted on behalf of	ASA GROUP HOLDINGS LTD
Announcement is submitted with respect to *	ASA GROUP HOLDINGS LTD
Announcement is submitted by *	Lawrence Kwan
Designation *	Company Secretary
Date & Time of Broacast	28-Aug-2008 21:56:26
Announcement No.	00179
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	28/08/2008
2. Name of Director *	Chan Ju-Sen
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 Interest	26/08/2008
2. Name of Registered Holder	Chan Ju-Sen
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Off market transaction.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	11,146,000
As a percentage of issued share capital	5.23 %
No. of Shares which are subject of this notice	11,145,000
As a percentage of issued share capital	5.23 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.09
No. of Shares held after the change	1,000
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 Director, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	11,145,000
As a percentage of issued share capital	0 %	5.23 %
No. of shares held after the change	0	1,000
As a percentage of issued share capital	0 %	0 %

Footnotes

1. The percentages are computed based on 212,900,000 shares issued as at 26 August 2008. 2. The disposal is the subject of a Sale and Purchase Agreement dated 26 August 2008.