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Announcements

Notice of Cessation of Substantial Shareholding

Date & Time of Broadcast
07 Apr 2008
Announcement Type
Attachments
None

Additional Details

PART I

1. Date of notice to issuer
07/04/2008

2. Name of Substantial Shareholder
TEO KEE BOCK

3. Please tick one or more appropriate box(es):

PART II

1. Date of change of

Name of Registered Holder

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

# Please specify details

4. Information relating to shares held in the name of the Registered Holder

No. of held before the change

As a percentage of issued share capital
%

No. of 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 Interest
03/04/2008

2. The change in the percentage level
from 8.64 % to 2.85 %

3. Circumstance(s) giving rise to the interest or change in interest
Sales in Open Market at Own Discretion

# Please specify details

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 transaction.

PART IV


For the Financial Year Ended
30/06/2009

DirectDeemed
No. of shares held before the change 10,000,000 20,000,000
As a percentage of issued share capital2.885.76
No. of shares held after the change9,900,0000
As a percentage of issued share capital2.850
Footnotes

Direct Interest

On 3 April 2008, Mr Teo Kee Bock disposed 100,000 shares held under his own name in Union Steel Holdings Limited (the "Company"). Following the disposal on 3 April 2008, the number of shares held under Mr Teo's name (direct interest) is 9,900,000 shares, representing 2.85% of the issued share capital of the Company. Thus, Mr Teo is not a direct substantial shareholder of the Company.

Deemed Interest

Mr Teo Kee Bock is also not deemed to be interested in the 20,000,000 shares held by Super Coffeemix Manufacturing Ltd ("Super Coffeemix") in the Company as he holds not more than 20% voting shares in Super Coffeemix.

As a result of the aforesaid, Mr Teo Kee Bock will cease to be a substantial shareholder of the Company.