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

Part I
1.	Date of notice to issuer	11/01/2008
2.	Name of Substantial Shareholder	DONGGUAN BAOSHENG ENVIRONMENTAL INVESTMENT COMPANY LIMITED
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	21/12/2007
2.	The change in the percentage level	From 29.6 % To 29.79 %
3.	Circumstance(s) giving rise to the interest or change in interest	# Others RECEIPT OF SHARE DIVIDENDS
4.	A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:	THE CHANGE IN THE PERCENTAGE LEVEL IS THE RESULT OF A TRANSACTION.
Part IV
1.	Holdings of Substantial Shareholder, including direct and deemed interest :
	Direct Deemed No. of shares held before the change 0 262,523,436 As a percentage of issued share capital 0 % 29.6 % No. of shares held after the change 0 265,535,333 As a percentage of issued share capital 0 % 29.79 %