Aseana Prop. Regulatory News (ASPL)

30 Aug 2007 12:24

Aseana Properties Limited30 August 2007 Aseana Properties Limited ("the Company") Notifiable Interest Notification of major interests in shares - the following information has beenreceived by the Company. 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Aseana Properties Ltd 2. Reason for the notification An acquisition of voting rights 3. Full name of person(s) subject to the notification obligation: Ospraie Management, LLC 4. Full name of shareholder(s) (if different from 3): As 9 below. 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 13 August 2007 6. Date on which issuer notified: 14 August 2007 7. Threshold(s) that is/are crossed or reached: 5 % 8. Notified details: A: Voting rights attached to sharesClass/type of shares Situation previous to Resulting situation after the triggering transaction Triggeringif possible using transaction Notification required under DTR transitional provision 7ISIN CODE Number of Number of Number of Number of voting rights % of voting rights Shares Voting shares Rights Direct Direct Indirect Direct Indirect Ordinary shares Below 5% Below 5% n/a n/a 8,133,500 n/a 5.01% JE00B1RZDJ41 B: Financial InstrumentsResulting situation after the triggering transaction Type of financial Expiration date Exercise/ Number of voting % of voting rightsinstrument Conversion Period/ rights that may be Date acquired if the instrument is exercised/ converted n/a n/a n/a n/a n/a Total (A+B)Number of voting rights % of voting rights 8,122,500 5.01% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: In the narrative below, the figures in brackets indicate the amount of votingrights and the percentage held by controlled undertakings where relevant. Ospraie Management, LLC (8,133,500, 5.01%), a discretionary investment manager,is a controller of the Ospraie Portfolio Ltd (8,122,500 5.01%) 10. Name of the Proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: The shares referred to in section 9 above are held in a portfolio managed bythose firms on a discretionary basis for its client. 14. Contact name: Michael Fischer 15. Contact telephone number: 001 212 602 5000 Ospraie Management, LLC320 Park Avenue27th FloorNew YorkNY 10022USA .............................................Geraldine HarrisOn behalf of Walkers (Jersey) Limited - Company SecretaryAseana Properties Limited This information is provided by RNS The company news service from the London Stock Exchange