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NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST- OW CHIN SENG - 30 May 2007

PART I

1. Date of Notice issuer

30-05-2007

2. Name of Director

OW CHIN SENG

Please tick one or more appropriate box(es): *

Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]

PART II

1. Date of change of Interest

29-05-2007

2. Name of Registered Holder

OW CHIN SENG

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

# others

# Please specify details

Grant of additional options after adjustment following the Bonus Issue

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

No. of Options held before the change

2,560,000

As a percentage of issued share capital

1.05%

No. of Options which are subject of this notice

200,000

As a percentage of issued share capital

0.08%

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

0.20

No. of Options held after the change

2,760,000

As a percentage of issued share capital

1.13%

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

64,500,358

7,674,924

As a percentage of issued share capital

26.43%

3.14 %

No. of shares held after the change

64,500,358

7,674,924

As a percentage of issued share capital

26.43%

3.14 %

Footnotes

The number of options held by Director as a percentage of issued share capital is computed based on AnnAik Limited's issued share capital of 244,036,000 shares as at 30 May 2007.