GMG GLOBAL 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 *	GMG GLOBAL LTD
Company Registration No.	199904244E
Announcement submitted on behalf of	GMG GLOBAL LTD
Announcement is submitted with respect to *	GMG GLOBAL LTD
Announcement is submitted by *	Elson Ng Keng Kwang
Designation *	President & Chief Executive Officer
Date & Time of Broacast	08-Sep-2008 20:22:50
Announcement No.	00147
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	08/09/2008
2. Name of Substantial Shareholder *	Mieke Bintati Gondobintoro
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	03/09/2008
2. The change in the percentage level	From 61.07 % to 29.00 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	As a result of acceptances pursuant to the voluntary conditional cash partial offer by ANZ Singapore Limited, for and on behalf of Sinochem International (Overseas) Pte. Ltd., to acquire 51% of the issued and paid-up shares of GMG Global Ltd, as follows: "“ 3,844,360 ordinary shares held in the name of Mieke Bintati Gondobintoro "“ 137,495,977 ordinary shares held in the name of Panwell (Pte) Ltd. "“ 506,767,449 ordinary shares held in the name of GMG Holding (HK) Ltd. Mieke Bintati Gondobintoro is deemed interested in all the shares held directly by Panwell (Pte) Ltd and GMG Holding (HK) Ltd.
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	7,320,000	1,226,707,875
As a percentage of issued share capital	0.36 %	60.71 %
No. of shares held after the change	3,475,640	582,444,449
As a percentage of issued share capital	0.17 %	28.83 %