| Part I |
| 1. |
Date of notice to issuer |
04/02/2010 |
| 2. |
Name of Substantial Shareholder |
Breedens Investments Pte. Ltd. ("Breedens") |
| 3. |
Notice Type |
Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
|
| Part II - Not Required |
| Part III |
| 1. |
Date of change of Interest |
29/01/2010 |
| 2. |
The change in the percentage level |
From 10.03 % To 9.98 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
By virtue of an increase in the issued share capital of Olam to 2,018,655,981 shares. Breedens became aware of the change in the percentage level of its interest on 4 February 2010. |
| 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 a result of a transaction. |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
201,456,047 |
0 |
| As a percentage of issued share capital |
10.03 % |
0 % |
| No. of shares held after the change |
201,456,047 |
0 |
| As a percentage of issued share capital |
9.98 % |
0 % |
| Footnotes |
(i) % of issued share capital held before the change provided in part IV above is calculated based on 2,008,971,412 issued shares as at 21 December 2009.
(ii) % of issued share capital held after the change provided in part IV above is calculated based on 2,018,655,981 issued shares as at 29 January 2010. |
|