||# Please specify details
|Dilution of shareholding interest arising from the issue to Palm Capital Pte. Ltd., a company beneficially owned by Eddy Sariaatmadja, of 98,082,830 new ordinary shares in the capital of the Company (the "Shares") at S$1.2758 per new Share in consideration for the acquisition by the Company of 109,521,000 Lonsum Shares (as defined in the circular to shareholders of the Company dated 2 October 2007) (the "ES Acquisition"), resulting in the increase in the total number of issued Shares of the Company from 1,349,700,000 Shares (as at 1 November 2007) to 1,447,782,830 Shares (as at 2 November 2007).
Salerni owns more than 50% of the issued share capital of First Pacific Investments (B.V.I.) Limited ("FPIL (BVI)"). By virtue of Sections 7 and 7(4A) of the Companies Act (Cap. 50), FPIL (BVI) is deemed to be interested in the Shares held by Indofood Singapore Holdings Pte. Ltd. ("ISHPL"). Accordingly, by virtue of Section 7 of the Companies Act, Salerni is deemed to be interested in the Shares held by ISHPL, First Pacific Investments Limited and FPIL (BVI).