KENCANA AGRI LIMITED: NOTICE OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

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.