COSMOSTEEL HOLDINGS LIMITED: 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 *	COSMOSTEEL HOLDINGS LIMITED
Company Registration No.	200515540Z
Announcement submitted on behalf of	COSMOSTEEL HOLDINGS LIMITED
Announcement is submitted with respect to *	COSMOSTEEL HOLDINGS LIMITED
Announcement is submitted by *	ONG CHIN SUM
Designation *	CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Date & Time of Broacast	04-Sep-2009 17:10:46
Announcement No.	00073
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	04/09/2009
2. Name of Director *	Ong Chin Sum
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	03/09/2009
2. Name of Registered Holder	Ong Chin Sum
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Married deals via private placements to high net worth individuals.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	62,263,986
As a percentage of issued share capital	35.34 %
No. of Shares which are subject of this notice	12,000,000
As a percentage of issued share capital	6.81 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.35
No. of Shares held after the change	50,263,986
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	62,263,986	0
As a percentage of issued share capital	35.34 %	0 %
No. of shares held after the change	50,263,986	0
As a percentage of issued share capital	28.53 %	0 %