RNS Number:5497I
Brierley Investments Limited
5 April 2000

LETTER TO:  BRIERLEY INVESTMENTS LIMITED

1 APRIL 2000

NOTIFICATION OF DEEMED SUBSTANTIAL SHAREHOLDING

Pursuant to Section 82 of the Companies Act, Cap. 50, we, Camerlin (B.V.I.)
Limited hereby notify you that we are a deemed substantial shareholder of
Brierley Investments Limited ("BIL").  We append below the relevant particulars
of our interest in BIL for recording in your Register:-

1. Name of Deemed Substantial Shareholder: Camerlin (B.V.I.) Limited ("CBVI")

2. Registered Address                    : P.O. Box 957, Offshore
                                           Incorporations Centre, Road
                                           Town, Tortola, British Virgin
                                           Islands

3. Name of Registered/Beneficial Owner   : Camerlin Group Berhad and its
                                           wholly-owned subsidiaries
                                           (beneficial owners)

4. Circumstances by which the substantial: CBVI is deemed to be interested in 
   shareholder has a deemed interest       the shares of BIL by virtue of the 
                                           provisions of Section 7 of the  
                                           Companies Act, Cap 50, through its
                                           Interest in Camerlin Group Berhad 
                                           and its wholly-owned subsidiaries,
                                           which are collectively deemed to be 
                                           Interested in 609,122,415 of 
                                           Ordinary shares in BIL.

5. Number of Shares in which the         : 609,122,415
   shareholder has a deemed interest


LETTER FROM:  CAMERLIN (B.V.I.) LIMITED



Notice of Changes in Director's/Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Quek Leng Chan

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    643,046,871

% of issued share capital         :    23.50

No. of shares held after change   :    668,046,871

% of issued share capital         :    24.41


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Guoline Capital Assets Limited

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Guoline Overseas Limited

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    HL Holdings Sdn Bhd

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Hong Leong Company (Malaysia) Berhad

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Hong Leong Industries Berhad

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Director's/Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    HLI Trading Limited

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Hong Leong Credit Berhad

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Hong Leong Assurance Berhad

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000



Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder   :    Hong Leong (Netherlands Antilles) N.V.

Date of notice to company         :    3 April 2000

Date of change of interest        :    31 March 2000

Name of registered holder         :    Checkenden Limited, a wholly owned
                                       Subsidiary of First Capital Corporation
                                       Limited.

Circumstance giving rise to 
the change                        :    Purchase of shares

No. of shares of the change       :    25,000,000

% of issued share capital         :    0.91

Amount of consideration per
Share excluding brokerage,
GST, stamp duties, clearing fee   :    NZ$0.423

No. of shares held before change  :    642,746,871

% of issued share capital         :    23.49

No. of shares held after change   :    667,746,871

% of issued share capital         :    24.40


Submitted to the SES by M B Horton, Company Secretary on 4 April 2000


END

HOLEAELSESAEEFE


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