30 Sep 2008

Announcement Of Cessation As Independent Director

Resignation Details
Name Of Person Chew Thiam Keng
Age 46
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 27/09/2008
Detailed Reason(s) for Cessation Following the completion of the Acquisition, new Board of Directors and senior management team were appointed. Please refer to the Circular dated 4 September 2008 for further details.
Is there any difference of opinion on material matters between the person and the Board of directors? No
If yes, please elaborate NA
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? No
If yes, please elaborate NA
Any other relevant information to be provided to shareholders of the listed issuer? No
If yes, please elaborate NA
Date of Appointment to current position 05/06/2003
Job Title Non-Executive Independent Director
Role and Responsibilities NA
Does the AC have a minimum of 3 members (taking into account this resignation)? Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 2
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months 6 (including all cessations on 26 September 2008)
Interest in the listed issuer and its subsidiaries Nil
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil
Other Directorship
Past Directorship (for the last five years) Please refer to Attachment B
Present Directorship Please refer to Appendix A

Attachment 1

Attachment 2