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News

Notice Of A Substantial Shareholder's Interest

>> PART I

1.

Date of notice to issuer *

09-02-2007

2.

Name of Substantial Shareholder *

World Water Pte Ltd

3.	Please tick one or more appropriate box(es): *
	Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]

>> PART II

1.

Date of change of Interest

09-02-2007

2.

Name of Registered Holder

World Water Pte Ltd

3.	Circumstance(s) giving rise to the interest or change in interest	# Others
	# Please specify details	Acquisition of New Shares through a share  placement exercise.

4.	Information relating to shares held in the name of the Registered Holder
	No. of Shares held before the change  0   As a percentage of issued share capital  0 %   No. of Shares which are subject of this notice  49650000   As a percentage of issued share capital  14.99 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received  0.2668     No. of Shares held after the change  49650000   As a percentage of issued share capital  14.99 %

>> PART III

1.

Date of change of [Select Option]

2.

The change in the percentage level

From % To %

3.	Circumstance(s) giving rise to the interest or change in interest	[Select Option]
	# Please specify details

4.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

>> PART IV

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

	Direct	Deemed
No. of shares held before  the change	0	0
As a percentage of issued share capital	0 %	0 %
No. of shares held after the change	49650000	0
As a percentage of issued share capital	14.99 %	0 %