14 July 2004 - Following the acceptance of OCBC Bank’s offer by shareholders of Great Eastern Holdings on 30 June 2004, the free-float factor of Great Eastern used for the calculation of the Straits Times Index will be changed from 0.35 to 0.20.

This change will take effect at the start of trading on Thursday, 22 July 2004.

Issued by Singapore Press Holdings Limited

For more information, please contact:

Julie Wee
The Straits Times
Singapore Press Holdings Ltd
Co. Regn. No. 198402868E
DID: 6319 5367
Email: juliew@sph.com.sg