SPH Multimedia Private Limited (“SPHMM”), a wholly-owned subsidiary of Singapore Press Holdings Limited (SPH”), had on 2 February 2007 purchased 70,000 ordinary paid up shares in SPH MediaBoxOffice Pte Ltd (“SPHMBO”) from IBIZ Asia Distribution Pte Ltd (“IBIZ”) at a consideration of $70,000. The consideration was arrived at on a willing buyer willing seller basis.
With the purchase of the said shares, SPHMBO will be a wholly-owned subsidiary of SPHMM.
The transaction has no material impact on the earnings per share or the net asset value per share of SPH for the financial year ending 31 August 2007.
None of the directors of SPH has any interest, direct or indirect, in the matter.
BY ORDER OF THE BOARD
Ginney Lim May Ling
Group Company Secretary
6 February 2007
Submitted by Ginney Lim May Ling, Group Company Secretary on 6 February 2007 to Singapore Exchange Limited