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Notice Of A Director's (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest

BackMay 19, 2009

Part I

Date of notice to issuer

19/05/2009

Name of Director

George Raymond Zage III

Notice Type

Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.

Part II

Date of change of Deemed Interest

12/05/2009

Name of Registered Holder

Raffles Nominees Pte Ltd

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

Right Issue

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

No. of Shares held before the change	3,600,000
As a percentage of issued share capital	4.1 %
No. of Shares which are subject of this notice	700,309
As a percentage of issued share capital	0.6 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	1.00
No. of Shares held after the change	4,300,309
As a percentage of issued share capital	4.7 %

Part III - Not Required

Part IV

Holdings of Director, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	3,600,000
As a percentage of issued share capital	0 %	4.1 %
No. of shares held after the change	0	4,300,309
As a percentage of issued share capital	0 %	3.7 %
Footnotes	(1) Before the Change - the percentage of the total issued shares is calculated based on 88,000,004 Ordinary Shares. (2) After the Change - the percentage of the total issued shares is calculated based on 117,333,338 Ordinary Shares. (3) Deemed Interest Before the Change registered in the names of : (i) 54,000 ordinary shares : Noonday Capital Partners, LLC (ii) 153,000 ordinary shares : Noonday Offshore, Inc. (iii) 552,098 ordinary shares : Farallon Capital Partners, L.P. (iv) 376,724 ordinary shares : Farallon Capital Institutional Partners,L.P. (v) 81,000 ordinary shares : Farallon Capital Institutional Partners II, L.P. (vi) 63,000 ordinary shares : Farallon Capital Institutional Partners III, L.P. (vii) 27,000 ordinary shares : Tinicum, Partners, L.P. (viii) 791,208 ordinary shares : Farallon Capital Offshore Investors, Inc. (ix) 379,310 ordinary shares : Farallon Capital Offshore Investors II, L.P. (x) 185,902 ordinary shares : Farallon FCP, Ltd (xi) 172,276 ordinary shares: Farallon FCIP, Ltd (xii) 259,690 ordinary shares: Farallon FCOI II, Ltd (xiii) 504,792 ordinary shares: Farallon Capital Offshore Investors III, Inc (4) Deemed Interest after the Change registered in the names of : (i) 72,000 ordinary shares : Noonday Capital Partners, LLC (ii) 204,000 ordinary shares : Noonday Offshore, Inc. (iii) 736,131 ordinary shares : Farallon Capital Partners, L.P. (iv) 502,299 ordinary shares : Farallon Capital Institutional Partners,L.P. (v) 108,000 ordinary shares : Farallon Capital Institutional Partners II, L.P. (vi) 63,000 ordinary shares : Farallon Capital Institutional Partners III, L.P. (vii) 27,000 ordinary shares : Tinicum, Partners, L.P. (viii) 791,208 ordinary shares : Farallon Capital Offshore Investors, Inc. (ix) 505,747 ordinary shares : Farallon Capital Offshore Investors II, L.P. (x) 185,902 ordinary shares : Farallon FCP, Ltd (xi) 172,276 ordinary shares: Farallon FCIP, Ltd (xii) 259,690 ordinary shares: Farallon FCOI II, Ltd (xiii) 673,056 ordinary shares: Farallon Capital Offshore Investors III, Inc Shares of (i) to (xiii) are registered under the name of Raffles Nominees Pte Ltd. Noonday Asset Management (Asia) Pte. Ltd. is deemed interested as it has been delegated voting and dispositive authority over the shares on behalf of various investment funds managed jointly with Farallon Capital Management L.L.C, the investment manager of such funds, and Farallon Partners, L.L.C., the general partner of certain funds. Farallon Capital Management L.L.C. and Farallon Partners, L.L.C retain certain authority over positions managed by Noonday Asset Management (Asia) Pte. Ltd. and therefore each of Farallon Capital Management, L.L.C. and Farallon Capital Management, L.L.C. and Farallon Partners, L.L.C. may also be deemed to control some or all of the shares and deemed interested for purposes of Section 7 of the Companies Act, Cap. 50. George Raymond Zage III is a Director of Noonday Asset Management (Asia) Pte. Ltd. and is deemed interested under Section 7 of the Companies Act, Cap. 50