RNS Number:5008H
Brierley Investments Limited
25 July 2001



    MASNET No. 19 OF 25.07.2001

    Announcement No. 20

    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:                             24/07/2001

Date of change of deemed interest:                     19/07/2001

Name of registered holder:                             CDP : Vickers Ballas

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


Shares held in the name of registered holder

No. of shares of the change:                           (300,000)
% of issued share capital:                             (0.02)

Amount of consideration per share excluding            0.50
brokerage,GST,stamp duties,clearing fee:

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

No. of shares held after change:                       103,272,848
% of issued share capital:                             7.55


    Holdings of Substantial Shareholder including direct and deemed interest

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

No. of shares held after change:                         103,272,848
% of issued share capital:                                      7.55

Total shares:                                            103,272,848



    Submitted by Jane Teah, Company Secretary on 25/07/2001 to the SGX



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