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 Tan Wee Beng
Designation Financial Controller
Date & Time of Broadcast 28-Aug-2009 17:04:07  
Announcement No. 00040


>> Announcement Details


>> PART I


1. Date of notice to issuer * 27-08-2009  
2. Name of Substantial Shareholder * Telegraph Developments Limited ("Telegraph"). JG Summit Philippines Limited ("JGSP") and JG Summit Holdings, Inc ("JGSH") have deemed interest in the Singapore Land Limited's shares in which Telegraph has a deemed interest in. 
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 Share held before the change   
As a percentage of issued share capital  
No. of Shares 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 Shares held after the change  
As a percentage of issued share capital  


>> PART III


1. Date of change of Interest 27-08-2009
2. The change in the percentage level From 72.99 % To 73.07 %
3. Circumstance(s) giving rise to the interest or change in interest #Others
# Please specify details Open market purchase of 333,000 Singapore Land Limited's ("SingLand") shares by UIC Enterprise Pte Ltd, a wholly-owned subsidiary of United Industrial Corporation Ltd.  
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: Series of transactions     


>> PART IV


1. Holdings of Director , including direct and deemed interest :

Direct

Deemed
No. of shares held before the change 0  301,054,384
  As a percentage of issued share capital 0 % 72.99 %
No. of shares held after the change 0  301,387,384
As a percentage of issued share capital 0 %  73.07 %


>> Footnotes

By virtue of Section 7 of the Companies Act, Cap. 50, Telegraph , a substantial shareholder of UIC is deemed to have an interest in the shares of SingLand. JGSP and JGSH, being the holding and ultimate holding company of Telegraph respectively, are also deemed interested.

The percentages are computed based on SingLand's issued and paid up shares of 412,477,559 as at 27 August 2009.