ANNICA HOLDINGS LIMITED: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	ANNICA HOLDINGS LIMITED
Company Registration No.	198304025N
Announcement submitted on behalf of	ANNICA HOLDINGS LIMITED
Announcement is submitted with respect to *	ANNICA HOLDINGS LIMITED
Announcement is submitted by *	Seah Hai Yang
Designation *	Company Secretary
Date & Time of Broacast	16-Apr-2012 20:39:20
Announcement No.	00108
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	16/04/2012
2. Name of Substantial Shareholder *	Advance Assets Management Ltd
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	13/04/2012
2. The change in the percentage level	From 12.13 % to 0 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Transfer of shares from its nominee's account to owner's personal account
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	a single transaction.

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	54,134,900
As a percentage of issued share capital	0 %	12.13 %
No. of shares held after the change	0	0
As a percentage of issued share capital	0 %	0 %

Footnotes

The interest is registered in the name of DBS Vickers Securities (S) Pte Ltd, who holds the shares as Advance Assets Management Limited's nominees. Computation of percentage on before change is based on the total issued shares of 446,139,662. This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement. 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 Mr Bernard Lui Tel: [phone] Email: [e-mail]