Announcements & News Releases

Notice Of Cessation Of Substantial Shareholding

Nov 20, 2008
Part I
1. Date of notice to issuer 18/11/2008
2. Name of Substantial Shareholder Matthews International Capital Mangement, LLC
3. 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
1. Date of change of Deemed Interest 18/11/2008
2. The change in the percentage level From 5.30 % To 4.89 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Sale for investment purposes only
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: Please note that the share amounts reported below includes shares previously reported by Matthews International Funds, a discretionary investment fund whose interest in Hyflux shares is managed by Matthews International Capital Management, LLC acting as its Investment Advisor
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
  Direct Deemed
No. of shares held before the change 0 26,936,499
As a percentage of issued share capital 0 % 5.13 %
No. of shares held after the change 0 25,675,499
As a percentage of issued share capital 0 % 4.89 %