| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | KENCANA AGRI LIMITED |
| Company Registration No. | 200717793E |
| Announcement submitted on behalf of | KENCANA AGRI LIMITED |
| Announcement is submitted with respect to * | KENCANA AGRI LIMITED |
| Announcement is submitted by * | Seah Kim Swee |
| Designation * | Company Secretary |
| Date & Time of Broacast | 06-Sep-2010 17:39:46 |
| Announcement No. | 00073 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 06/09/2010 |
| 2. Name of Substantial Shareholder * | Wilmar International Limited |
| 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 Deemed Interest | 02/09/2010 |
| 2. Name of Registered Holder | Newbloom Pte. Ltd. |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Investment in a total of 229,608,944 KAL shares by Newbloom Pte. Ltd. which is a wholly-owned subsidiary of Wilmar ("Investment") by way of : 1. Subscription of 150,000,000 new KAL shares issued and allotted by KAL at an issued price of S$0.35 per share. 2. Vendor Placement of 79,608,944 existing KAL shares from Kencana Holdings Pte. Ltd. to Newbloom Pte. Ltd. for cash consideration of S$0.35 per share. Upon the completion of the aforesaid Investment, Wilmar is deemed interested in the 229,608,944 KAL shares held by Newbloom Pte. Ltd. |
| 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 | 229608944 |
| As a percentage of issued share capital | 20.00 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 0.35 |
| No. of Shares held after the change | 229608944 |
| As a percentage of issued share capital | |
| >> 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 | 229608944 |
| As a percentage of issued share capital | 0 % | 20.0 % |
| Footnotes | The percentages are computed based on 1,148,044,720 issued and paid-up KAL shares as at 2 Sept 2010. |
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