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Stock Exchange Announcements and Reports

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

BackMay 29, 2009

Part I
1. Date of notice to issuer 29/05/2009
2. Name of Substantial Shareholder Heinrich-Leopold Felix Schoeller
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 29/05/2009
2. The change in the percentage level From 30.1495 % To 30.9858 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Election for new units pursuant to the Distribution Reinvestment Scheme.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change is as a result of a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 156,375,000
As a percentage of issued share capital 0 % 30.1495 %
No. of shares held after the change 0 160,712,700
As a percentage of issued share capital 0 % 30.9858 %
Footnotes Schoeller Investments Limited is the beneficial holder of 41.2525% of the issued share capital of FSL Holdings Pte. Ltd. (formerly known as First Ship Lease Pte. Ltd.). Accordingly, Schoeller Investments Limited is deemed under Section 4 of the Securities and Futures Act, Chapter 289 of Singapore to be interested in all the units in which FSL Holdings Pte. Ltd. has an interest in. Mr Heinrich-Leopold Felix Schoeller is the beneficial owner of Schoeller Investments Limited. The deemed interests also include Mr Schoeller's interests through his holdings in the nominee bank, HSBC (Singapore) Nominees Pte Ltd.