OSIM INTERNATIONAL 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 *	OSIM INTERNATIONAL LTD
Company Registration No.	198304191N
Announcement submitted on behalf of	OSIM INTERNATIONAL LTD
Announcement is submitted with respect to *	OSIM INTERNATIONAL LTD
Announcement is submitted by *	Peter Lee Hwai Kiat
Designation *	Chief Financial Officer
Date & Time of Broacast	11-May-2012 18:26:51
Announcement No.	00175
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	11/05/2012
2. Name of Director *	Ron Sim Chye Hock
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 Shareholding	10/05/2012
2. Name of Registered Holder	Ron Sim Chye Hock
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	334,817,815
As a percentage of issued share capital	45.70 %
No. of Shares which are subject of this notice	373,000
As a percentage of issued share capital	0.05 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	1.255
No. of Shares held after the change	335,190,815
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	334,817,815	176,777,719
As a percentage of issued share capital	45.70 %	24.12 %
No. of shares held after the change	335,190,815	176,777,719
As a percentage of issued share capital	45.75 %	24.12 %

Footnotes

Mr Ron Sim's deemed interest currently comprises of shares held by the following parties : 1. RS Assets Limited (87,467,179 shares), 2. Mdm Teo Sway Heong/Mrs Sim (6,692,020 shares) 3. Ms Rachel Sim (100,000 shares) and 4) Credit Suisse Group (82,518,520 shares) Mr Ron Sim's total shareholding now stands at 511,968,534 shares or 69.87% of the issued share capital.