Highlights

[CCB] Notice of Person Ceasing Substantial Shareholders - JARDINE INTERNATIONAL MOTORS LIMITED on 03-Sep-2004


Stock [CCB]: CYCLE & CARRIAGE BINTANG BHD
Announcement Date 03-Sep-2004

Substantial Shareholder's Particular:

Name JARDINE INTERNATIONAL MOTORS LIMITED

Details of Changes:

Currency -

Date of Change Type Number of Shares
30-Aug-2004 Disposed 12,415,000

Nature of Interest Indirect
Shares Ordinary Share of RM1.00 each
Reason On 7th May 2004, J.I. Motor Holdings B.V. ("JIMHBV") entered into a Sale and Purchase Agreement (the "Agreement") with Jardine Cycle & Carriage Limited ("JC&C") for the sale of its entire interest of 12,415,000 shares of RM1.00 each in Cycle & Carriage Bintang Berhad ("CCB") to JC&C conditional upon fulfilment of certain terms and conditions of the Agreement. The required terms and conditions of the Agreement have been fulfilled and 12,415,000 CCB shares were sold to JC&C on 30th August 2004. Jardine International Motor Holdings N.V. ("JIMHNV") has an interest in more than 15% of the voting shares in JIMHBV. Jardine International Motors Limited ("JIML") has an interest in more than 15% of the voting shares in JIMHNV. Accordingly, JIML is deemed to be interested (through its direct interest in JIMHNV and its indirect interest in JIMHBV) in the CCB shares held by JIMHBV. Following the disposal, JIMHBV ceased to have an interest in CCB and accordingly, JIML's deemed interest in CCB shares through JIMHNV and JIMHBV also ceased.



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