notice-of-cessation-of-substantial-shareholding-10

Notice Of Cessation Of Substantial Shareholding

SGX Filings 15^th Aug, 2006

>> PART I

Date of notice to issuer *

15-08-2006

Name of Substantial Shareholder *

Sridhar Krishnan, Shekhar Anantharaman and Joydeep Bose (as trustees under Olam International Limited Employee Share Benefit Scheme [“ESBS”] and Olam International Limited Employee Share Subscription Scheme)

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

Date of change of [Select Option]

Name of Registered Holder

Circumstance(s) giving rise to the interest or change in interest

[Select Option]

# Please specify details

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

Date of change of Shareholding

11-08-2006

The change in the percentage level

From 9.47 % To 1.19 %

Circumstance(s) giving rise to the interest or change in interest

# Others

# Please specify details

Transfers of shares under the ESBS rules.

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 series of transactions.

>> PART IV

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

	Direct	Deemed
No. of shares held before the change	147,276,324	0
As a percentage of issued share capital	9.47 %	0 %
No. of shares held after the change	18,533,404	0
As a percentage of issued share capital	1.19 %	0 %