CHINA AUTO CORPORATION LTD.: 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 *	CHINA AUTO CORPORATION LTD.
Company Registration No.	196500233E
Announcement submitted on behalf of	CHINA AUTO CORPORATION LTD.
Announcement is submitted with respect to *	CHINA AUTO CORPORATION LTD.
Announcement is submitted by *	Chou Kong Seng
Designation *	Chief Financial Officer
Date & Time of Broacast	30-Jul-2012 17:34:06
Announcement No.	00096
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	30/07/2012
2. Name of Substantial Shareholder *	United Overseas Bank Limited ("UOB")
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	27/07/2012
2. The change in the percentage level	From 5.879 % to 4.087 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Pursuant to the allotment and issuance of the Group Sellers Consideration Shares, the number of issued CAC shares is increased to 4,179,538,945 shares. Accordingly, UOB's holding in CAC shares has been diluted to 4.087% of the company's enlarged share capital immediately after the allotment of 1,224,997,588 new CAC 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 level 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	0	170,826,750
As a percentage of issued share capital	0 %	5.879 %
No. of shares held after the change	0	170,826,750
As a percentage of issued share capital	0 %	4.087 %

Footnotes

i) Based on 2,905,595,813 of China Auto Corporation Limited shares constituted in the issued share capital as of the last disclosure. ii) Based on 4,179,538,945 of China Auto Corporation Limited shares constituted in the issued share capital after the issuance of the Group Sellers Consideration Shares.