209,758,000 Placement Shares have been validly subscribed. Application monies received for these Placement Shares amounted to approximately S$98.6 million.Company?) is pleased to announce that, as at the close of the Application List at 12.00 noon

Based on the total invitation size of 215,000,000 Invitation Shares and the total valid applications amounting to 819,252,000 Invitation Shares (comprising

valid applications received for 609,494,000 Offer Shares and 209,758,000 Placement Shares), the Invitation was approximately 3.8 times subscribed.

No. of Offer Shares Percentage of Total No.

Range of Offer Balloting Allotted per of Offer Shares No. of Successful

Range:        Ratio:        lots Successful:      %            Nos of lots

1                           6 : 98          1                              1.4            74

2 to 9                    8 : 98          2                              8.5            222

10 to 49              10 : 98          3                              27.1          474

50 to 99              12 : 98          4                              13.1          171

100 to 499          14 : 98          6                              35.6          311

500 to 999          16 : 98         11                              6.7            32

1,000 and above 18 : 98         16                              7.6             25

                                                            Total:         100.0       1,309

Of the applications received for the aggregate amount of 210,000,000 Placement Shares, applications for 242,000 Placement Shares were invalid. These 242,000

Placement Shares were therefore included as Offer Shares made available for public subscription.

The spread of successful applicants for the 209,758,000 Placement Shares is as follows:-

Placement Shares Applied for (?000)

Range:          No. of Placees

1 to 9              762

10 to 49          275

50 to 99            57

100 to 499      155

500 to 999        41

1,000 and above 68

     Total:        1,358