NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST


Name of Announcer SINGAPORE LAND LIMITED
Company Registration No. 196300170C
Announcement submitted on behalf of SINGAPORE LAND LIMITED
Announcement is submitted with respect to SINGAPORE LAND LIMITED
Announcement is submitted by Susie Koh
Designation Company Secretary
Date & Time of Broadcast 16-Mar-2011 17:06:48  
Announcement No. 00036


>> Announcement Details


>> PART I


1. Date of notice to issuer * 15-03-2011  
2. Name of Substantial Shareholder * UIC Enterprise Pte Ltd 
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 [Select Option] 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 15-03-2011
2. The change in the percentage level From 56.94 % To 57.06 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
# 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: A series of transactions.  


>> PART IV


1. Holdings of Substantial Shareholder , including direct and deemed interest :

Direct

Deemed
No. of shares held before the change 234,873,688  0
  As a percentage of issued share capital 56.94 % 0 %
No. of shares held after the change 235,374,688  0
As a percentage of issued share capital 57,06 %  0 %


>> Footnotes

The percentages are computed based on Singland's issued and paid up shares of 412,477,559 as at 15 March 2011.
Shares were acquired by UIC Enterprise Pte Ltd, a wholly-owned subsidiary of United Industrial Corporation for the period from 14 March 2011 to 15 March 2011