CMZ HOLDINGS LTD.: 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 *	CMZ HOLDINGS LTD.
Company Registration No.	200515314R
Announcement submitted on behalf of	CMZ HOLDINGS LTD.
Announcement is submitted with respect to *	CMZ HOLDINGS LTD.
Announcement is submitted by *	Shao Kesheng
Designation *	Executive Chairman
Date & Time of Broacast	15-Mar-2012 19:59:31
Announcement No.	00105
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	15/03/2012
2. Name of Director *	Shao Kesheng
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	15/03/2012
2. Name of Registered Holder	Value Harmony Limited
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Pursuant to the waiver granted by the Singapore Exchange Securities Trading Limited (the "SGX-ST"), Value Harmony Limited (the "Company") is not required to convene an extraordinary general meeting to seek its' shareholders' approval for the voluntary delisting under Rules 1307 and 1309 of the listing manual of the SGX-ST. Accordingly, the exit offer (the "Exit Offer") by Kim Eng Corporate Finance Pte. Ltd, for and on behalf of the Company, to acquire all the issued ordinary shares and paid up ordinary shares in the Company (the "Shares"), other than those Shares already owned, controlled or agreed to be acquired by the Company and its concert parties as at the date of the exit offer, has become unconditional in all respects. The change in interest is a result of acceptances of the Exit Offer in the following manner: (a) 689,000 Shares on 15 March 2012 through acceptances of the Exit Offer at the price of S$0.19 for each share. Shao Kesheng is the sole shareholder of the Company, and is accordingly deemed to be interested in the shares in which the Company has an interest.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	280,507,148
As a percentage of issued share capital	94.18 %
No. of Shares which are subject of this notice	689,000
As a percentage of issued share capital	0.23 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.19
No. of Shares held after the change	281,196,148
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	0	280,507,148
As a percentage of issued share capital	0 %	94.18 %
No. of shares held after the change	0	281,196,148
As a percentage of issued share capital	0 %	94.41 %

Footnotes

The percentages are computed based on 297,836,000 issued and paid-up capital, excluding treasury shares.