PARKWAY HLDGS LTD: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	PARKWAY HLDGS LTD
Company Registration No.	197400320R
Announcement submitted on behalf of	PARKWAY HLDGS LTD
Announcement is submitted with respect to *	PARKWAY HLDGS LTD
Announcement is submitted by *	Ho Li Li
Designation *	Company Secretary
Date & Time of Broacast	19-Mar-2010 22:36:06
Announcement No.	00185
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	19/03/2010
2. Name of Substantial Shareholder *	TPG 2007 VSC, L.P.
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 Deemed Interest	19/03/2010
2. The change in the percentage level	From 16.11 % to 0 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Deemed interest by virtue of being associated with Newbridge Singapore Co-Investment Pte. Ltd. and Newbridge Singapore Medical Partners Pte. Ltd. under Section 7 of the Companies Act (Chapter 50 of Singapore). Cessation of interest of Newbridge Singapore Co-Investment Pte. Ltd. and Newbridge Singapore Medical Partners Pte. Ltd. in the shares of Parkway Holdings Limited ("Parkway") due to the completion of the sale of their respective shares in Parkway to Fortis Global Healthcare (Mauritius) Limited (the "Purchaser") pursuant to the sale and purchase agreement dated 11 March 2010 entered into between the Purchaser, Newbridge Singapore Co-Investment Pte. Ltd., Newbridge Singapore Healthcare Partners Pte. Ltd. and Newbridge Singapore Medical Partners Pte. Ltd. (as vendors) and RHC Holding Private Limited (as covenantor).
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	A transaction

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	182,094,592
As a percentage of issued share capital	0 %	16.11 %
No. of shares held after the change	0	0
As a percentage of issued share capital	0 %	0 %

Footnotes

Based on 1,130,298,092 issued shares in Parkway Holdings Limited, excluding treasury shares.