CHINA PAPER HOLDINGS LIMITED: NOTICE OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	CHINA PAPER HOLDINGS LIMITED
Company Registration No.	N.A.
Announcement submitted on behalf of	CHINA PAPER HOLDINGS LIMITED
Announcement is submitted with respect to *	CHINA PAPER HOLDINGS LIMITED
Announcement is submitted by *	Li Pengju
Designation *	Executive Director
Date & Time of Broacast	08-Jul-2011 18:22:55
Announcement No.	00141
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	07/07/2011
2. Name of Substantial Shareholder *	Populus Fund (Mutual Fund / registered in Finland, shares held by Skandinaviska Enskilda Banken)
3. Please tick one or more appropriate box(es): *
- Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]

>> Part II
1. Date of change of Interest	07/07/2011
2. Name of Registered Holder	Mutual Fund Populus/PYN Fund Management
3. Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
# Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	42384000
As a percentage of issued share capital	4.90 %
No. of Shares which are subject of this notice	939000
As a percentage of issued share capital	0.109 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.109
No. of Shares held after the change	43323000
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 Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	42384000	0
As a percentage of issued share capital	4.9 %	0 %
No. of shares held after the change	43323000	0
As a percentage of issued share capital	5.01 %	0 %

Footnotes

The shares of China Paper Limited directly owned by Populus Fund are held through Populus Fund's sub-custodian, The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch.