[BJMEDIA] Change In Substantial Shareholder's Shareholding - BERJAYA CORPORATION BERHAD on 22-Jan-2010

Highlights

Stock	[BJMEDIA]: BERJAYA MEDIA BHD
Announcement Date	22-Jan-2010

Name	BERJAYA CORPORATION BERHAD

Currency

Malaysian Ringgit (MYR)

	Type	Number of Shares	Price
21-Jan-2010	Disposed	10,860,217	0.940
21-Jan-2010	Disposed	487,683	0.940
21-Jan-2010	Acquired	11,347,900	0.940

Nature of Interest	Direct and Deemed Interest
Shares	Ordinary Shares of RM0.80 each
Reason	(1) Deemed Interested by virtue of its 100% interest in Berjaya Hills Berhad ("BHB") - Disposal of ordinary shares to Berjaya Corporation Berhad ("BCorp"), the ultimate holding company of BHB pursuant to Share Sale Agreement dated 2 September 2009 between BHB and BCorp to facilitate the implementation of dividend-in-specie by BCorp. (2) Deemed Interested by virtue of its 100% interest in Berjaya Group Berhad, the holding company of Garima Holdings Sdn Bhd ("GH") - Disposal of ordinary shares to Berjaya Corporation Berhad ("BCorp"), the ultimate holding company of GH pursuant to Share Sale Agreement dated 2 September 2009 between BCorp and GH to facilitate the implementation of dividend-in-specie by BCorp. (3) Beneficial Interest - Acquisition of ordinary shares from Garima Holdings Sdn Bhd ("GH") and Berjaya Hills Berhad ("BHB") pursuant to two (2) separate Share Sale Agreements dated 2 September 2009 between BCorp and GH, and BCorp and BHB to facilitate the implementation of dividend-in-specie by BCorp.

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