notice-of-a-change-in-the-percentage-level-of-a-substantial-shareholders-interest-46

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

SGX Filings 12^th Mar, 2009

Part I

Date of notice to issuer

11/03/2009

Name of Substantial Shareholder

UBS AG

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

Date of change of Interest

09/03/2009

The change in the percentage level

From 10.85 % To 11.14 %

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

# Others

Deemed interests by virtue of (a) UBS AG having an interest, or (b) section 7
(4) or 7(4A) of the Companies Act in shares over which subsidiaries/affiliates
of UBS AG have an interest, by reason of the ability to exercise voting
discretion and to acquire/dispose of shares. Changes in the deemed interests have occurred as a result of increase in stock borrowing from internal parties.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

A series of transactions.

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	495,338	185,377,045
As a percentage of issued share capital	0.03 %	10.82 %
No. of shares held after the change	495,338	190,449,245
As a percentage of issued share capital	0.03 %	11.11 %
Footnotes	(i) The deemed interests in the no. of shares and percentage of issued share capital held before the change provided in part IV above comprised of 163,025,956 shares (9.52%) representing interests aggregating voting shares and 22,351,089 shares (1.30%) representing interests aggregating non-voting shares. (ii) The deemed interests in the no. of shares and percentage of issued share capital held after the change provided in part IV above comprised of 168,121,156 shares (9.81%) representing interests aggregating voting shares and 22,328,089 shares (1.30%) representing interests aggregating non-voting shares. (iii) The percentage of issued share capital is calculated based on 1,713,310,324 shares in issue as at the date of change of interest. (iv) Non-Voting Shares are shares which the UBS Group has authority to acquire and dispose of the shares but does not exercise any discretion over the voting rights.