SINGXPRESS LTD.: 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 *	SINGXPRESS LTD.
Company Registration No.	198803164K
Announcement submitted on behalf of	SINGXPRESS LTD.
Announcement is submitted with respect to *	SINGXPRESS LTD.
Announcement is submitted by *	Wong Shui Yeung
Designation *	Chief Financial Officer
Date & Time of Broacast	22-Jan-2010 16:59:48
Announcement No.	00060
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	22/01/2010
2. Name of Substantial Shareholder *	(i) Prime Star Group Co Ltd (ii) Xpress Group Limited (iii) China Credit Singapore Pte Ltd
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]	21/01/2010
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 Deemed Interest	21/01/2010
2. The change in the percentage level	From 33.15 % to 33.19 %
3. Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
# 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	the change in the percentage level is the result of a transaction

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	90,167,000
As a percentage of issued share capital	0 %	33.15 %
No. of shares held after the change	0	90,267,000
As a percentage of issued share capital	0 %	33.19 %

Footnotes

Prime Star Group Co Ltd ("PSG") has the controlling interest in Xpress Group Limited ("XGL"). XGL is the holding company of China Credit Singapore Pte Ltd ("CCS") and CCS is the holding company of Xpress Credit Limited ("XCL"). PSG, XGL and CCS are deemed interested in the 90,267,000 shares held by XCL. This announcement has been prepared by the Company and the contents have been reviewed by the Company's Sponsor, Phillip Securities Pte Ltd, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange").The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Dawn Chua (Director, Corporate Finance), Phillip Securities Pte Ltd, 250 North Bridge Road, #06-00 Raffles City Tower, Singapore 179101, telephone [phone].