Highlights

[CCB] Notice of Person Ceasing Substantial Shareholders - JARDINE INTERNATIONAL MOTOR HOLDINGS N.V. on 03-Sep-2004


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

Substantial Shareholder's Particular:

Name JARDINE INTERNATIONAL MOTOR HOLDINGS N.V.

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. Accordingly, JIMHNV is deemed to be interested in the CCB shares held by JIMHBV. Following the disposal, JIMHBV ceased to have an interest in CCB and accordingly, JIMHNV's deemed interest in CCB shares through JIMHBV also ceased.



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