OLAM INTERNATIONAL LIMITED: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	OLAM INTERNATIONAL LIMITED
Company Registration No.	199504676H
Announcement submitted on behalf of	OLAM INTERNATIONAL LIMITED
Announcement is submitted with respect to *	OLAM INTERNATIONAL LIMITED
Announcement is submitted by *	Neelamani Muthukumar
Designation *	Senior Vice President, Head - Corporate Affairs
Date & Time of Broacast	11-May-2012 17:10:24
Announcement No.	00056
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	10/05/2012
2. Name of Substantial Shareholder *	The Capital Group Companies, Inc. ("CGC")
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	09/05/2012
2. The change in the percentage level	From 5.624 % to 4.9711 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Shares were disposed of through open market transactions at shareholder discretion.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions	Shares were disposed of through a series of transactions from 15/3/2012 through 09/5/2012.

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	0	137,361,848
As a percentage of issued share capital	0 %	5.624 %
No. of shares held after the change	0	121,414,070
As a percentage of issued share capital	0 %	4.9711 %

Footnotes

Interest relates to CGC's deemed interest in shares over which its subsidiaries have (a) no voting rights but disposal rights only as well as (b) both voting and disposal rights.