[F&N] Notice of Interest of Substantial Shareholders - OVERSEA-CHINESE BANKING CORPORATION LIMITED ("OCBC") on 10-May-2006

Highlights

Stock	[F&N]: FRASER & NEAVE HOLDINGS BHD
Announcement Date	10-May-2006

Name	OVERSEA-CHINESE BANKING CORPORATION LIMITED ("OCBC")

Currency

Date of Change		Type	Number of Shares
	26-Apr-2006	Acquired	221,672,010

Nature of Interest	Deemed interest
Shares	Ordinary shares of RM1.00 each
Reason	1) Existing beneficial owner - Great Eastern Life Assurance (Malaysia) Berhad (GELM) is Great Eastern Holdings Limited's (GEH) subsidiary As both GEH and GELM are subsidiaries of OCBC, OCBC is deemed to have an interest in GELM's shareholding in F&NH by operation of section 6A(4)(c) of the Malaysian Companies Act 1965 (Act) 2) GEH's subsidiaries collectively have an aggregate interest of > 15% in the voting shares in F&N; hence GEH is deemed to have an interest in F&N's shareholding in F&NH. As GEH is a subsidiary of OCBC, OCBC is deemed to have an interest in F&N's shareholding in F&NH by operation of section 6A(4)(c) of the Act.

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