JACKSPEED CORPORATION LIMITED: NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	JACKSPEED CORPORATION LIMITED
Company Registration No.	199300300W
Announcement submitted on behalf of	JACKSPEED CORPORATION LIMITED
Announcement is submitted with respect to *	JACKSPEED CORPORATION LIMITED
Announcement is submitted by *	Chew Kok Liang
Designation *	Company Secretary
Date & Time of Broacast	03-Apr-2012 20:38:40
Announcement No.	00154
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	03/04/2012
2. Name of Substantial Shareholder *	Cheng Kwee Kiang
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	23/03/2012
2. The change in the percentage level	From 53.158 % to 44.307 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Dilution in shareholding percentage as a result of a Private Placement of 41,800,000 shares.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	The change in the percentage is the result of a transaction.

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	111,230,561	0
As a percentage of issued share capital	53.158 %	0 %
No. of shares held after the change	111,230,561	0
As a percentage of issued share capital	44.307 %	0 %

Footnotes

The percentage of interests disclosed herein is calculated based on the following total number of issued shares in the capital of the Company: (a) held before the change = 209,243,579 (b) held after the change = 251,043,579