BOUSTEAD SINGAPORE LIMITED: 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 *	BOUSTEAD SINGAPORE LIMITED
Company Registration No.	197501036K
Announcement submitted on behalf of	BOUSTEAD SINGAPORE LIMITED
Announcement is submitted with respect to *	BOUSTEAD SINGAPORE LIMITED
Announcement is submitted by *	ALVIN KOK
Designation *	COMPANY SECRETARY
Date & Time of Broacast	28-Dec-2011 18:42:39
Announcement No.	00088
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	28/12/2011
2. Name of Substantial Shareholder *	CAPITAL GROWTH INVESTMENTS 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]
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	23/12/2011
2. The change in the percentage level	From 8.99 % to 9.04 %
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 levels is the result of a series of transactions effected from 29 January 2008 to 23 December 2011.

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	23,025,000
As a percentage of issued share capital	0 %	8.99 %
No. of shares held after the change	0	45,656,000
As a percentage of issued share capital	0 %	9.04 %

Footnotes

(1) The shares are held through various nominees companies and the change in the percentage levels are as follows: (a) HSBC (Singapore) Nominees Pte Ltd - from 6.67% to 7.53% (b) Citibank Nominees Singapore Pte Ltd - from 0.19% to 0.00% (c) CIMB-GK Securities Pte Ltd - from 0.08% to 0.12% (d) DBS Nominees (Private) Limited - from 2.05% to 1.39% (2) The percentage of issued share capital before change is based on the Company's issued share capital of 255,977,762 as at 28 January 2008 (the previous reporting date), whereas the percentage of issued share capital after the change is based on the Company's issued share capital of 505,043,524 (excluding treasury shares) as at 23 December 2011. (3) By virtue of Section 7 of the Companies Act, Cap. 50, Capital Growth Investments Pte Ltd, which is the holding company of Chartered Asset Management Pte Ltd - an investment manager to certain portfolios that have an interest in the shares of the Company and is therefore deemed to be interested in the shares of the Company, is deemed to have an interest in the Company's shares in which Chartered Asset Management Pte Ltd has an interest in.