Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major
shareholdings in listed companies, Compagnie du Bois Sauvage s.a. has received a
notificationof the threshold of 25% being crossed by Sinorail s.a. by owning
23.93% of Compagnie du Bois Sauvage?s voting rights.
Guy Paquot controls Fingaren s.c.a. which controls Entreprises et Chemins de Fer
en Chine s.a. which controls Sinorail s.a. Together, they own 41.44% of
Compagnie du Bois Sauvage?s voting rights.
This notification was also sent to the Banking, Finance and Insurance
Commission.
The content of this notification is the following:
Situation as at December 22, 2009
Denominator: 1.562.710
Holders of voting Number of voting Variation Number of voting % of voting
rights rights on rights on rights
1/9/2008 22/12/2009
Guy Paquot 10.340 + 754 11.094 0,71%
Fingaren s.c.a. 67 + 124 191 0,01%
E.C.F.C. s.a. 259.681 + 2.641 262.322 16,79%
Sinorail s.a. 414.000 - 40.000 374.000 23,93%
TOTAL 684.088 - 36.481 647.607 41,44%
These companies have their registered head office at 1000 Brussels, rue du Bois
Sauvage 17.
[HUG#1370546]