LEE METAL GROUP 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 *	LEE METAL GROUP LTD
Company Registration No.	198205439C
Announcement submitted on behalf of	LEE METAL GROUP LTD
Announcement is submitted with respect to *	LEE METAL GROUP LTD
Announcement is submitted by *	FOO SOON SOO
Designation *	COMPANY SECRETARY
Date & Time of Broacast	08-Oct-2008 12:37:57
Announcement No.	00020
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	30/09/2008
2. Name of Director *	LEE HENG THIAM
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 Interest	12/09/2008
2. Name of Registered Holder	LEE HENG THIAM
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Rights Issue of Warrants Allotment of his entitlement of 7,222,552 warrants pursuant to the Rights Issue of 79,200,000 warrants of Lee Metal Group Ltd in September 2008.
4. Information relating to shares held in the name of the Registered Holder
No. of Warrants held before the change	0
As a percentage of issued share capital	0 %
No. of Warrants which are subject of this notice	7,222,552
As a percentage of issued share capital	1.82 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0
No. of Warrants held after the change	7,222,552
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	36,112,764	0
As a percentage of issued share capital	9.12 %	0 %
No. of shares held after the change	36,112,764	0
As a percentage of issued share capital	9.12 %	0 %

Footnotes

The number of shares held after the change remains unchanged at 36,112,764 (9.12%). The change in interest in Part II(4) only relates to the increase in warrants, which have not been exercised as at the date of this announcement. The percentage of issued share capital in Part II(4) is computed based on the issued share capital of 396 million shares as at 30 September 2008.