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Notice Of Cessation Of Substantial Shareholding

Back 21 Apr 2011
Part I
1. Date of notice to issuer 19/04/2011
2. Name of Substantial Shareholder Deutsche Bank AG
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 15/04/2011
2. The change in the percentage level From 14.41 % To 2.43 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Change arising from i) the decrease of Deutsche Bank AG's interest in the Units of Hutchison Port Holdings Trust pursuant to the redelivery by Deutsche Bank AG to Hutchison Port Holdings Limited of all the 539,951,000 Units borrowed by Deutsche Bank AG, Singapore Branch under a Unit Lending Agreement (the transfer of which is expected to be completed on 20 April 2011) and the lapse of the over-allotment option granted by Hutchison Port Holdings Limited to Deutsche Bank AG, Singapore Branch; ii) the open market purchase of 38,331,000 units from 12 April 2011 to 15 April 2011 of which 38,277,000 units were purchased for the purposes of stabilising activities in connection with the initial public offering of Hutchison Port Holdings Trust; and iii) open market sale of 2,439,000 units on 13 April 2011.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in percentage level is the result of the circumstance(s) mentioned above.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 1,255,299,943
As a percentage of issued share capital 0 % 14.41 %
No. of shares held after the change 0 211,289,943
As a percentage of issued share capital 0 % 2.43 %
Footnotes Percentage of unitholdings is calculated based on the total number of 8,708,888,000 voting units in issue.
_______________________________________________________________________________
The issue managers for the initial public offering and listing of Hutchison Port Holdings Trust are DBS Bank Ltd., Deutsche Bank AG, Singapore Branch, and Goldman Sachs (Singapore) Pte.. The issue managers for the initial public offering assume no responsibility for the contents of this announcement.
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