RNS Number:0948E
Brierley Investments Limited
23 May 2001



    MASNET No. 33 OF 23.05.2001

    Announcement No. 33

    BRIERLEY INVESTMENTS LIMITED



    Notice Of Changes In Substantial Shareholder's Deemed Interests



Name of substantial shareholder:                        Temasek Holdings
                                                        (Private) Limited

Date of notice to company:                              22/05/2001

Date of change of deemed interest:                      17/05/2001

Name of registered holder:                              CDP : Vickers Ballas

Circumstance giving rise to the change:                 Open market purchase


Shares held in the name of registered holder

No. of shares of the change:                            1,347,000
% of issued share capital:                              0.1

Amount of consideration per share excluding             0.4640
brokerage,GST,stamp duties,clearing fee:

No. of shares held before change:                       102,225,848
% of issued share capital:                              7.47

No. of shares held after change:                        103,572,848
% of issued share capital:                              7.57






    Holdings of Substantial Shareholder including direct and deemed interest

                                                        Deemed         Direct
No. of shares held before change:                     102,225,848
% of issued share capital:                                   7.47

No. of shares held after change:                      103,572,848
% of issued share capital:                                   7.57

Total shares:                                         103,572,848




    Submitted by Jane Teah, Company Secretary on 23/05/2001 to the SGX


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