No. of Options held before the change

7,674,924

As a percentage of issued share capital

3.14%

No. of Options which are subject of this notice

600,000

As a percentage of issued share capital

0.24%

Amount of consideration (excluding brokerage and stamp duties) per share paid or received

0.20

No. of  Options held after the change

8,274,294

As a percentage of issued share capital

3.33%

PART III

1. Date of change of [Select Option]

2. The change in percentage level

From % to %

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

# Please specify details

[Select Option]

4. A statement of whether the change in the percentage level is the result of transaction or a series of transactions:

PART IV

1. Holding of Director, including direct and deemed interest:

Direct

Deemed

No. of shares held before the change

7,674,924

64,500,358

As a percentage of issued share capital

3.14%

26.36%

No. of shares held after the change

8,274,294

65,700,358

As a percentage of issued share capital

3.33%

26.46%

Footnotes

i) Percentage of issued share capital for shares held before the change is based on 244,668,000 ordinary shares before the exercise of 3,609,000 share option.

ii) Percentage of issued share capital for shares held after the change is based on 248,277,000 ordinary shares following the exercise of 3,609,000 shares option.

No. of outstanding options - NIL