NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

* Asterisks denote mandatory information

Name of Announcer *
SUNSHINE HOLDINGS LIMITED
Company Registration No.
CT-140095
Announcement submitted on behalf of
SUNSHINE HOLDINGS LIMITED
Announcement is submitted with respect to *
SUNSHINE HOLDINGS LIMITED
Announcement is submitted by *
Foo Soon Soo
Designation *
Company Secretary
Date & Time of Broadcast
26-Jul-2007 17:37:54
Announcement No.
00087

ANNOUNCEMENT DETAILS

The details of the announcement start here ...
PART I
1. Date of notice to issuer *
25/07/2007
2. Name of Substantial Shareholder *
Taunus Corporation
3. Please tick one or more appropriate box(es): *
PART II
1. Date of change of
Name of Registered Holder
3. Circumstance(s) giving rise to the interest or change in interest
# Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of held before the change
As a percentage of issued share capital
No. of which are subject of this notice
As a percentage of issued share capital
%
Amount of consideration (excluding brokerage and stamp duties) per share paid or received
No. of N.A. held after the change
As a percentage of issued share capital
%
PART III
1. Date of change of Deemed Interest
23/07/2007
2. The change in the percentage level
from 6.77 % to 7.30 %
3. Circumstance(s) giving rise to the interest or change in interest
Open Market Purchase
# 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:
The change in the percentage level is the result of a series of transactions.
PART IV
1.Holdings of Substantial Shareholder , including direct and deemed interest :
Direct
Deemed
No. of shares held before the change056,297,000
As a percentage of issued share capital06.77
No. of shares held after the change060,695,000
As a percentage of issued share capital07.30
Footnotes
The initial public offering of the Company was sponsored by UOB Asia Limited.
The total issued share capital was 832,000,000 ordinary shares as at 23 July 2007.
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