EASTERN 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 *	EASTERN HOLDINGS LTD
Company Registration No.	198105390C
Announcement submitted on behalf of	EASTERN HOLDINGS LTD
Announcement is submitted with respect to *	EASTERN HOLDINGS LTD
Announcement is submitted by *	Tan Kay Soon Kenneth
Designation *	Executive Director
Date & Time of Broacast	18-Jun-2012 17:10:39
Announcement No.	00040
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	18/06/2012
2. Name of Director *	STEPHEN TAY THIAN BOON
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	15/06/2012
2. Name of Registered Holder	STEPHEN TAY THIAN BOON
3. Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
# Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	92,890,000
As a percentage of issued share capital	30.96 %
No. of Shares which are subject of this notice	238,000
As a percentage of issued share capital	0.08 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.18
No. of Shares held after the change	93,128,000
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	92,890,000	99,556,500
As a percentage of issued share capital	30.96 %	33.19 %
No. of shares held after the change	93,128,000	99,556,500
As a percentage of issued share capital	31.04 %	33.19 %

Footnotes

(1) The percentage of issued share capital is calculated based on 300,000,000 shares (excluding treasury shares). (2) Mr Stephen Tay Thian Boon's direct interest includes 88,200,000 shares which have been pledged as security to a financial institution licensed in Singapore for loans which he has taken out or utilised. (3) Mr Stephen Tay Thian Boon is deemed interested in the shares held by his spouse, Mdm Janet Lim. (4) Mr Stephen Tay Thian Boon is also deemed interested in the 1,005,000 ordinary shares held in the name of Branam Holdings Pte Ltd ("Branam"). Branam is an investment holding company incorporated in the Republic of Singapore on 10 September 1984. Its shareholders are Mr Stephen Tay Thian Boon (60%) and Mdm Janet Lim (40%).