| Part 1 | |
|---|---|
| 1. Date of notice to issuer * | 14-06-2006 |
| Name of Substantial Shareholder * | NSL Resorts International Pte Ltd |
| Please tick one or more appropriate box(es): * | |
| Part 2 | |
|---|---|
| 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 |
[Select Option] |
| 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 3 | |
|---|---|
| 1. Date of change of Interest | 14-06-2006 |
| 2. The change in the percentage level | From 15.47 % To 1.39 % |
| 3. Circumstance(s) giving rise to the interest or change in interest # Please specify details |
# Others Vendor Shareholder at Initial Public Offering |
| 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 4 | ||
|---|---|---|
| 1. Holdings of Substantial Shareholder , including direct and deemed interest : | ||
| Direct | Deemed | |
| No. of shares held before the change | 0 | 99,108,208 |
| As a percentage of issued share capital | 0 % | 15.47 % |
| No. of shares held after the change | 0 | 10,468,897 |
| As a percentage of issued share capital | 0 % | 1.39 % |
| Footnote | 1. NSL Resorts International Pte Ltd wholly owns Kilby Associates Limited. Accordingly, NSL Resorts International Pte Ltd is deemed to be interested in the 81,138,174 shares in Banyan Tree Holdings Limited held by Kilby Associates Limited. 1. NSL Resorts International Pte Ltd wholly owns Kilby Associates Limited. Accordingly, NSL Resorts International Pte Ltd is deemed to be interested in the 81,138,174 shares in Banyan Tree Holdings Limited held by Kilby Associates Limited. |
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