BRL Blackthorn

RNS Number:7919J
Brierley Investments Limited
28 April 2000

Notice of Changes in Substantial shareholder's Interests and or Deemed Interests

Name of Substantial shareholder:    Credit Agricole Lazard Financial            
                                   Products Bank

Date of notice to company:          26/04/2000

Date of change of interest:         25/04/2000

Name of registered holder:          Central Depository (Pte) Limited

Circumstance giving rise to 
the change:                         Sales in open market at own discretion

No. of shares of the change:        100,000
% of issued share capital:          0.0036

Amount of consideration per share
excluding brokerage, GST, stamp
duties, clearing fee:               $0.325

No. of shares held before change:   151,790,615
% of issued share capital:          5.55
No. of shares held after change:    151,690,615
% of issued share capital:          5.54

Other persons having a deemed 
interest in the share:              1. Credit Agricole Lazard Financial         
                                      Products Limited
                                    2. Caisse Nationale de Credit Agricole S.A.
                                    3. Three Houses Investment Company Limited
                                    4. Lazard Brothers & Co Limited
                                    5. Lazard Freres & Cie
                                    6. Lazard Freres & Co. LLC

Submitted by M B Horton, Company Secretary on 27/04/2000 to the SGX

END
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