Increase In The Issued And Paid Up Capital Of Out Of The Box Pte Ltd, An Associated Company Of Topwin Investment Holding Pte Ltd

BackJun 13, 2008
The Board of Directors of BreadTalk Group Limited ("the Company") wishes to announce that Out Of The Box Pte Ltd ("OOTB"), an associated company of Topwin Investment Holding Pte Ltd ("Topwin"), which in turn is a wholly owned subsidiary of the Company, has increased its issued and paid up capital from S$2,730,000/- to S$3,030,000/- by an allotment of 333,334 ordinary shares to Mr Abdullah E A A AlEisa at a cash consideration of S$300,000. Consequently, Topwin's shareholding in OOTB has been reduced from 33.34% to 30%.

Mr AlEisa is the Chairman and founder of a healthy express food chain in Kuwait. He will be acting as a Business Development Director in OOTB and be involved in strategy planning and business development.

This transaction is not expected to have any material impact on the earnings per share and net tangible assets of the Company and the Group for the financial year ending 31 December 2008.

None of the Directors or controlling shareholders of the Company has any interest, direct or indirect in the above transaction.


Tan Cher Liang
Company Secretary

13 June 2008