SGX Filings

    Notice Of A Change In The Percentage Level Of A Substantial Shareholder’s Interest

    SGX Filings
    Part I
    1. Date of notice to issuer 13/11/2009
    2. Name of Substantial Shareholder TEMASEK HOLDINGS (PRIVATE) LIMITED (“TEMASEK”)
    3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder’s Interest or Cessation of Interest.
    Part II – Not Required
    Part III
    1. Date of change of Interest 10/11/2009
    2. The change in the percentage level From 14.08 % To 13.95 %
    3. Circumstance(s) giving rise to the interest or change in interest # Others

    By virtue of a series of transactions by DBS Group Holdings Limited (“DBSH”) group of companies.

    As at 10 November 2009, Temasek therefore had a total interest in 278,170,291 ordinary shares of Olam (“Shares”) representing 13.95% of the issued Shares comprising:

    (i) 74,773,468 Shares in which Aranda Investments Pte. Ltd., an indirect wholly owned subsidiary of Temasek has an interest;

    (ii) 198,685,532 Shares in which Breedens Investments Pte. Ltd., an indirect wholly owned subsidiary of Temasek has an interest; and

    (iii) 4,711,291 Shares in which DBSH, an associated company of Temasek, is deemed to have an interest.

    Temasek became aware of the change in the percentage level of its interest in the Shares on 12 November 2009.

    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 series of transactions.
    Part IV
    1. Holdings of Substantial Shareholder, including direct and deemed interest :
     
      Direct Deemed
    No. of shares held before the change 0 280,154,643
    As a percentage of issued share capital 0 % 14.08 %
    No. of shares held after the change 0 278,170,291
    As a percentage of issued share capital 0 % 13.95 %
    Footnotes (i) 14.08% based on 1,989,851,583 issued shares as at 15 July 2009
    (ii) 13.95% based on 1,993,835,333 issued shares as of 30 October 2009

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