[MSC] Notice of Interest of Substantial Shareholders - GREAT EASTERN HOLDINGS LIMITED on 02-May-2006

Highlights

Stock	[MSC]: MALAYSIA SMELTING CORPORATION
Announcement Date	02-May-2006

Name	GREAT EASTERN HOLDINGS LIMITED

Currency

Date of Change		Type	Number of Shares
	24-Apr-2006	Acquired	47,482,800

Nature of Interest	DEEMED INTEREST
Shares	ORDINARY SHARES OF RM1.00 EACH
Reason	BH, SI & STAR are subsidiaries of STC. STC completed a selective capital reduction ("SCR") on 24.4.06 and reduced its issued capital by 30,503,000 shares resulting in increase in shareholding of Great Eastern Life Assurance (Malaysia) Bhd (GELM) in STC from 14.76% to 16.15%. Consequently GELM its holding company Great Eastern Life Assurance Co Ltd and its ultimate holding company GEH each is deemed to have an interest in the shareholding of STC's subsidiaries, BH, SI and STAR in MSC.

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