06 May 2009

Notice Of Cessation Of Substantial Shareholding

Part I
1. Date of notice to issuer 06/05/2009
2. Name of Substantial Shareholder Hanny Magnetics (B.V.I.) Limited
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 04/05/2009
2. The change in the percentage level From 29.9 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Cessation of interest as a substantial shareholder of PSC Corporation Ltd ("PSC"). PSC has an interest in approximately 29.9% of the issued shares of Intraco Limited.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: It is the result of a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 29,486,148
As a percentage of issued share capital 0 % 29.9 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %