CHINA FASHION HOLDINGS LIMITED: NOTICE OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	CHINA FASHION HOLDINGS LIMITED
Company Registration No.	2003011696K
Announcement submitted on behalf of	CHINA FASHION HOLDINGS LIMITED
Announcement is submitted with respect to *	CHINA FASHION HOLDINGS LIMITED
Announcement is submitted by *	CHEW KOK LIANG
Designation *	COMPANY SECRETARY
Date & Time of Broacast	30-Mar-2012 18:27:23
Announcement No.	00191
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	30/03/2012
2. Name of Substantial Shareholder *	LIM TZE JONG
3. Please tick one or more appropriate box(es): *
- Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]

>> Part II
1. Date of change of Interest	28/03/2012
2. Name of Registered Holder	Lim Tze Jong
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Pursuant to the completion of the allotment and issuance of 176,000,000 Placement Shares.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	0
As a percentage of issued share capital	0 %
No. of Shares which are subject of this notice	65,000,000
As a percentage of issued share capital	6.92 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.06
No. of Shares held after the change	65,000
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 Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	0
As a percentage of issued share capital	0 %	0 %
No. of shares held after the change	65,000,000	0
As a percentage of issued share capital	6.92 %	0 %

Footnotes

The shareholdings are computed based on the number of issued ordinary shares of 763,792,025 before the allotment and issuance of the Placement Shares and 939,792,025 after the allotment and issuance of the Placement Shares. This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Asian Corporate Advisors Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms Foo Quee Yin Telephone number: 6221 0271