SWIBER HOLDINGS LIMITED: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING

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	24-Sep-2012 18:17:21
Announcement No.	00095
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	18/09/2012
2. Name of Substantial Shareholder *	UBS AG
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 Interest	14/09/2012
2. The change in the percentage level	From 5.69 % to 4.41 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Deemed interests arising by virtue of (a) UBS AG having an interest, or (b) Section 7(4) or 7(4A) of the Companies Act in shares over which subsidiaries / affiliates of UBS AG have an interest, by reason of the ability to exercise voting discretion and to acquire / dispose of shares. Changes in the deemed interests have occurred as a result of transfers of shares for portfolio management purposes.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	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	225,000	34,326,500
As a percentage of issued share capital	0.04 %	5.65 %
No. of shares held after the change	210,000	26,569,000
As a percentage of issued share capital	0.03 %	4.38 %

Footnotes

Percentage of issued share capital held is computed based on 607,457,666 issued voting shares (excluding treasury shares) in the capital of the Company.