SWIBER HOLDINGS LIMITED: NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	SWIBER HOLDINGS LIMITED
Company Registration No.	200414721N
Announcement submitted on behalf of	SWIBER HOLDINGS LIMITED
Announcement is submitted with respect to *	SWIBER HOLDINGS LIMITED
Announcement is submitted by *	Raymond Kim Goh
Designation *	Executive Chairman
Date & Time of Broacast	30-Jan-2012 21:59:27
Announcement No.	00166
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	30/01/2012
2. Name of Director *	Nitish Gupta
3. Please tick one or more appropriate box(es): *
- Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]

>> Part II
1. Date of change of Interest	26/01/2012
2. Name of Registered Holder	Nitish Gupta
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Increase in issued voting shares in the capital of the Company due to the transfer and use of treasury shares in connection with the vesting of share awards under the Swiber Performance Share Plan.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	5,000,000
As a percentage of issued share capital	0.99 %
No. of Shares which are subject of this notice	0
As a percentage of issued share capital	0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0
No. of Shares held after the change	5,000,000
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 Director, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	5,000,000	0
As a percentage of issued share capital	0.99 %	0 %
No. of shares held after the change	5,000,000	0
As a percentage of issued share capital	0.99 %	0 %

Footnotes

i. Percentage of issued share capital before the change is computed based on 505,355,000 issued voting shares (excluding treasury shares) in the capital of the Company and rounded to two decimal places. ii. Percentage of issued share capital after the change is computed based on 506,386,666 issued voting shares (excluding treasury shares) in the capital of the Company and rounded to two decimal places.