| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | SINOPIPE HOLDINGS LIMITED |
| Company Registration No. | 200411382N |
| Announcement submitted on behalf of | SINOPIPE HOLDINGS LIMITED |
| Announcement is submitted with respect to * | SINOPIPE HOLDINGS LIMITED |
| Announcement is submitted by * | Chen Li Hui |
| Designation * | Chief Executive Officer and Executive Director |
| Date & Time of Broacast | 07-Nov-2008 18:36:55 |
| Announcement No. | 00133 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 07/11/2008 |
| 2. Name of Substantial Shareholder * | UBS AG |
| 3. Please tick one or more appropriate box(es): * | |
| - Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV] | |
| >> Part II | |
| 1. Date of change of [Select Option] | |
| 2. Name of Registered Holder | |
| 3. Circumstance(s) giving rise to the interest or change in interest | |
| # Please specify details | |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of N.A. held before the change | |
| As a percentage of issued share capital | |
| No. of N.A. which are subject of this notice | |
| As a percentage of issued share capital | |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | |
| No. of N.A. held after the change | |
| As a percentage of issued share capital | |
| >> Part III | |
| 1. Date of change of Interest | 06/11/2008 |
| 2. The change in the percentage level | From 5.41 % to 4.83 % |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Decrease in positions held on behalf of prime brokerage clients. |
| 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions | 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 | 12,183,000 |
| As a percentage of issued share capital | 0 % | 5.41 % |
| No. of shares held after the change | 0 | 10,883,000 |
| As a percentage of issued share capital | 0 % | 4.83 % |
