BRL Blackthorn

RNS Number:9187I
Brierley Investments Limited
11 April 2000

BRIERLEY INVESTMENTS LIMITED

Notice of Deemed Substantial Shareholders' Interest and of Change in Deemed
Interest in Ordinary Shares

Name of substantial shareholders :     1. Camerlin Holdings Sdn Bhd
                                       2. Camerlin Group Berhad
                                       3. Camerlin Investments Limited
                                       4. Checkendon Limited
                                       5. Asia Foundation Investment Company
                                          Limited

Date of notice to company :            10 April 2000 

Date of deemed interest :              30 March 2000 

Date of change of interest :           31 March 2000 

Name of registered holder :            Not specified

Circumstance giving rise to
the deemed interest :                  Listing of the company's shares on the
                                       Official List of the Singapore Exchange
                                       Securities Limited.  The substantial
                                       shareholders are deemed to be
                                       interested by virtue of section 7 of 
                                       the Companies Act, Cap 50.

Circumstance giving rise to
the change :                           Purchase of shares by Checkendon
                                       Limited.

Number of shares in which
Deemed interest held :                 642,746,871

No. of shares of the change :          25,000,000

% of issued share capital of
the change :                           0.91

Amount of consideration per
share of the change excluding
brokerage, GST, stamp duties,
clearing fee :                         NZ$0.423

No. of shares held before change :     642,746,871

% of issued share capital :            23.49

No. of shares held after change :      667,746,871

% of issued share capital :            24.40


Submitted to the SES by M B Horton, Company Secretary on 11 April 2000.


END


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