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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackMay 08, 2008

Part I
1. Date of notice to issuer 07/05/2008
2. Name of Substantial Shareholder TEMPLETON INVESTMENT COUNSEL, LLC ("TICLLC") A WHOLLY-OWNED SUBSIDIARY OF TEMPLETON WORLDWIDE, INC., WHICH IS A WHOLLY-OWNED SUBSIDIARY OF FRANKLIN RESOURCES, INC.
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 07/05/2008
2. The change in the percentage level From 6.32 % To 4.57 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

CHANGE IN SHAREHOLDINGS IS A RESULT OF A CHANGE IN MANAGEMENT RELATIONSHIP
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: N.A.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 56,096,612
As a percentage of issued share capital 0 % 6.32 %
No. of shares held after the change 0 40,729,543
As a percentage of issued share capital 0 % 4.57 %