COSMOSTEEL HOLDINGS LIMITED: NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S 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	29-Sep-2009 17:21:52
Announcement No.	00071
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	29/09/2009
2. Name of Substantial Shareholder *	Teo Chin Whatt
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	28/09/2009
2. The change in the percentage level	From 12.59 % to 10.69 %
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. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	The change in the percentage level is the result of 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	26,583,994	0
As a percentage of issued share capital	12.59 %	0 %
No. of shares held after the change	22,583,994	0
As a percentage of issued share capital	10.69 %	0 %