Churchill China PLC
28 June 2000
FORM SAR 3
Date of disclosure.. 28 JUNE 2000 ...
DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')
Date of acquisition.... 27 JUNE 2000 ..........................
Acquisition in......... CHURCHILL CHINA........(name of company)
(1) Class of voting shares Number of shares/rights If rights over shares
(eg ordinary shares) over shares acquired acquired, as opposed
to the shares
themselves, specify
nature of rights
ORDINARY SHARES 1,024,290 shares N/A ..............
...N/A..........rights
(2) Resultant total holding Resultant total holding Total percentage
of voting shares (and % of rights over shares
of total voting shares (and % of total voting
in issue) shares in issue)
1,776,774 (16.68%) N/A...........( %) ......(16.68%)
(3) Party making disclosure... ALTIUM CAPITAL LIMITED .............
(4) (a) Name of person acquiring shares or rights over shares STEELITE
INTERNATIONAL
and, if different, beneficial owner...............................
(b) Names of any other persons acting by
agreement or understanding (see SAR 5)............................
Signed, for and on behalf of the party named in (3) above STEPHEN MOORE
(Also print name of signatory)..... STEPHEN MOORE .....................
Telephone and extension number..... 0161 831 9133 EXTN 206 ..........
Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.
For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers,
Tel. No: 020 7382 9026.