| Part I | |||||||||||||||||
| 1. | Date of notice to issuer | 02/06/2009 | |||||||||||||||
| 2. | Name of Substantial Shareholder | Economic Development Board ("EDB") | |||||||||||||||
| 3. | Notice Type | Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. |
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| Part II - Not Required | |||||||||||||||||
| Part III | |||||||||||||||||
| 1. | Date of change of Interest | 22/05/2009 | |||||||||||||||
| 2. | The change in the percentage level | From 5.65 % To 4.95 % | |||||||||||||||
| 3. | Circumstance(s) giving rise to the interest or change in interest | # Others Allotments of an aggregate of 255,555,554 new ordinary shares by mDR to Value Capital Asset Management ("VCAM") as announced by mDR on SGXNet, on 17 April 2009, 8 May 2009, 15 May 2009, 21 May 2009 and 22 May 2009 ("VCAM Share Allotment") which resulted in an increase in the total number of mDR ordinary shares in the share capital of mDR ("mDR shares") from 1,801,394,418 mDR shares as at 18 March 2009 (based on mDR's 2008 Annual Report) to 2,056,949,972 mDR shares as at 22 May 2009. Although the total number of 101,758,738 mDR shares held by EDB held through its wholly-owned subsidiary EDB Investments Pte Ltd (both direct & deemed) remained unchanged, the VCAM Share Allotment resulted in a decrease in EDB's interest in mDR from 5.65% as at 18 March 2009 to 4.95% as at 22 May 2009. |
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| 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 allotments of a total of 255,555,554 new mDR shares by mDR to VCAM as announced by mDR on SGXNet, on 17 April 2009, 8 May 2009, 15 May 2009, 21 May 2009 and 22 May 2009. EDB has no direct or indirect interest in the VCAM Share Allotment. | |||||||||||||||
| Part IV | |||||||||||||||||
| 1. | Holdings of Substantial Shareholder, including direct and deemed interest : | ||||||||||||||||
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