NOTICE OF A SUBSTANTIAL SHAREHOLDER'S INTEREST *
* Asterisks denote mandatory information
Name of Announcer * HERSING CORPORATION LTD  
Company Registration No. 199706986E  
Announcement submitted on behalf of HERSING CORPORATION LTD  
Announcement is submitted with respect to * HERSING CORPORATION LTD  
Announcement is submitted by * Chng Lay Har  
Designation * Director  
Date & Time of Broadcast 06-Sep-2012 17:24:37  
Announcement No. 00058  
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
>> PART I
1. Date of notice to issuer * 06-09-2012  
2. Name of Substantial Shareholder * AHC Pte. Ltd. ("AHC") 
3. Please tick one or more appropriate box(es): *
  • Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]
>> PART II
1. Date of change of Interest 05-09-2012  
2. Name of Registered Holder United Overseas Bank Nominees (Private) Limited  
3. Circumstance(s) giving rise to the interest or change in interest # Others  
# Please specify details
The voluntary conditional cash offer ("Offer") by United Overseas Bank Limited for and on behalf of AHC, to acquire all the issued and paid-up ordinary shares in the capital of Hersing other than those shares held by Hersing as treasury shares and those held, directly or indirectly by AHC as at the date that the Offer, was declared unconditional on 5 September 2012.

Taking into account acceptances received pursuant to the Offer as at 5.00 p.m. on 5 September 2012, the Offeror holds or has agreed to acquire 567,062,220 Shares, representing 90.23% of the total number of issued Shares.  
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change 0  
As a percentage of issued share capital 0 %
No. of Shares which are subject of this notice 567,062,220  
As a percentage of issued share capital 90.23 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.23  
No. of Shares held after the change 567,062,220  
As a percentage of issued share capital 90.23 %
>> PART III
1. Date of change of [Select Option]
2. The change in the percentage level From % To %
3. Circumstance(s) giving rise to the interest or change in interest [Select Option]  
# Please specify details
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
>> PART IV
1. Holdings of Substantial Shareholder , including direct and deemed interest :
Direct
Deemed
No. of shares held before the change 0   0  
As a percentage of issued share capital 0 % 0 %
No. of shares held after the change 0   567,062,220  
As a percentage of issued share capital 0 % 90.23 %
Footnotes
The 567,062,220 shares is intended to be held on behalf of AHC by United Overseas Bank Nominees (Private) Limited.

The percentage of issued share capital is calculated based on 628,475,216 shares in the Company (excluding treasury shares).  
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