Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

01/04/2003

Changes in Sub. S-hldr's Int. (29B)

PRESS METAL BERHAD

Particulars of substantial Securities Holder

Name Kuan Pek Seng
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary Shares of RM1.00 each

Details of changes

Type of transaction Date of change
No of securities
Price Transacted (RM)
ACQUIRED 24/03/2003
1,500,000
DISPOSED 24/03/2003
1,500,000
TRANSFERRED 28/03/2003
1,000,000

Circumstances by reason of which change has occurred 1. Disposal of shares by Doitbest Holdings Sdn Bhd (Deemed interest) 2. Purchased from Doitbest Holdings Sdn Bhd 3. Transferred to Alliancegroup Nominees (Tempatan) Sdn Bhd
Nature of interest Deemed and direct interest
Direct (units) 1,500,000
Direct (%) 2.4200
Indirect/deemed interest (units) 1,839,722
Indirect/deemed interest (%) 2.9700
Total no of securities after change 3,339,722
Date of notice 31/03/2003



Announcement Info

Company Name PRESS METAL BERHAD
Stock Name PMETAL
Date Announced 01 Apr 2003
Category Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference Number CS-030331-65178