CHINA ENERSAVE LTD: NOTICE 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 *	Seah Hai Yang
Designation *	Company Secretary
Date & Time of Broacast	16-Dec-2011 19:36:29
Announcement No.	00125
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	15/12/2011
2. Name of Substantial Shareholder *	Tay Swee Sze
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	15/12/2011
2. Name of Registered Holder	Tay Swee Sze
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Receipt of 368,222,830 placement shares to TSSA in satisfaction of outstanding professional fees.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	49,878,961
As a percentage of issued share capital	1.98 %
No. of Shares which are subject of this notice	368,222,830
As a percentage of issued share capital	12.76 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.003
No. of Shares held after the change	418,101,791
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	49,878,961	0
As a percentage of issued share capital	1.98 %	0 %
No. of shares held after the change	418,101,791	0
As a percentage of issued share capital	14.49 %	0 %

Footnotes

1. The percentage of issued shares before and after change is calculated based on 2,517,988,213 (pre-Placement) and 2,886,211,043 (post-Placement) ordinary shares respectively. 2. The 368,222,830 placement shares are held in the name of Tay Swee Sze as authorised by Tay Swee Sze Adivsors Pte Ltd ("TSSA"). 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]