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

Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest *

* Asterisks denote mandatory information

 

"DISCLAIMER:- This announcement was prepared and issued by the belowmentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement."

Name of Announcer *	YANLORD LAND GROUP LIMITED
Company Registration No.	200601911K
Announcement submitted on behalf of	YANLORD LAND GROUP LIMITED
Announcement is submitted with respect to *	YANLORD LAND GROUP LIMITED
Announcement is submitted by *	Tan Shook Yng
Designation *	Group General Counsel / Company Secretary
Date & Time of Broadcast	05-Oct-2007 17:24:23
Announcement No.	00074

>> Announcement Details

The details of the announcement start here ...

>> PART I

1.

Date of notice to issuer *

04-10-2007

2.

Name of Substantial Shareholder *

Yanlord Holdings Pte. Ltd.

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	[Select Option]
	# Please specify details

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 III

1.

Date of change of Shareholding

04-10-2007

2.

The change in the percentage level

From 71.30 % To 71.29 %

3.	Circumstance(s) giving rise to the interest or change in interest	# Others
	# Please specify details	The change in shareholding of Yanlord Holdings Pte. Ltd. arose from the issue of new ordinary shares in the capital of Yanlord Land Group Limited ("Company") pursuant to the partial exercise of convertible notes due 2012 issued in February 2007.

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 percentage level is the 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	1,271,000,000	0
As a percentage of issued share capital	71.30 %	0 %
No. of shares held after the change	1,271,000,000	0
As a percentage of issued share capital	71.29 %	0 %

Footnotes

Percentage of issued share capital held after change is computed based on 1,782,917,829 issued shares as at 4 October 2007. The initial public offering for the shares of the Company was joint lead managed by HL Bank and CLSA Merchant Bankers Limited ("Managers"). The Managers assume no responsibility for the contents of this announcement.

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