CHINA ENERSAVE 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 *	CHINA ENERSAVE LTD
Company Registration No.	199706776D
Announcement submitted on behalf of	CHINA ENERSAVE LTD
Announcement is submitted with respect to *	CHINA ENERSAVE LTD
Announcement is submitted by *	Tan Ching Chek
Designation *	Company Secretary
Date & Time of Broacast	09-Sep-2010 12:47:52
Announcement No.	00041
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	07/09/2010
2. Name of Substantial Shareholder *	Centar Select Master Limited / Orchard Capital Partners (Hong Kong) Limited (Please refer to the footnotes)
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	06/09/2010
2. The change in the percentage level	From 7.21 % to 6.31 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Increase in number of issued shares following conversion of debt to equity.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	Not Applicable.

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	86,966,251
As a percentage of issued share capital	0 %	7.03 %
No. of shares held after the change	0	86,966,251
As a percentage of issued share capital	0 %	6.31 %

Footnotes

Notes: 1. The Company received the notification from the substantial shareholder on 8 September 2010. 2. The shares are held by Credit Suisse Securities (Europe) Limited as registered holder on behalf of Centar Select Master Limited, an investment fund organised in the British Virgin Islands. Orchard Capital Partners (Hong Kong) Limited acts as investment manager to Centar Select Master Limited and is deemed to have an interest in the same shares. This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the 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 Mr Yap Wai Ming: Tel: [phone] Email: [e-mail]