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 *
Yeo Tze Khern
Designation *
Company Secretary
Date & Time of Broadcast
18-Nov-2011 18:20:07
Announcement No.
00120

ANNOUNCEMENT DETAILS

The details of the announcement start here ...
PART I
1. Date of notice to issuer *
18/11/2011
2. Name of Substantial Shareholder *
China Focus International Limited
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 Interest
18/11/2011
2. The change in the percentage level
from 14.46 % to 12.05 %
3. Circumstance(s) giving rise to the interest or change in interest
# Others
# Please specify details
Change in percentage of interest arising from the issue of 195,600,000 new ordinary shares in the Company pursuant to the Placement Exercise which was completed on 18 November 2011.
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 percentage level is the result of a transaction.
PART IV
1.Holdings of Substantial Shareholder , including direct and deemed interest :
Direct
Deemed
No. of shares held before the change141,440,0000
As a percentage of issued share capital14.460
No. of shares held after the change141,440,0000
As a percentage of issued share capital12.050
Footnotes
(i) The percentage of issued share capital (before the change) is calculated based on the 977,908,000 shares (excluding treasury shares) before the Placement Exercise.

(ii) The percentage of issued share capital (after the change) is calculated based on the 1,173,508,000 shares (excluding treasury shares) after the Placement Exercise.
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