Holding(s) in Company

 
TIDMCASA 
 
CASTLE ASIA ALTERNATIVE PCC LIMITED 
(Registered in Guernsey - Number 43789) 
 
Registered Office: 
 
Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3HB 
Telephone: [phone] 
Facsimile: [phone] 
Email: [e-mail] 
 
For Immediate Release 
 
CASTLE ASIA ALTERNATIVE PCC LIMITED - STERLING CLASS, A CELL OF CASTLE ASIA 
ALTERNATIVE PCC LIMITED 
 
(a closed-ended protected cell company incorporated in Guernsey) 
 
TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
1. Identity of the issuer or the underlying issuer of existing shares to which 
voting rights are attached: 
 
STERLING CLASS - A CELL OF CASTLE ASIA ALTERNATIVE PCC LIMITED 
 
2.        Reason for the Notification                 State YES or NO 
 
          An acquisition or disposal of voting        YES 
          rights: 
 
          An acquisition or disposal of financial     NO 
          instruments which may result in the 
          acquisition of shares already issued to 
          which voting rights are attached: 
 
          An event changing the breakdown of voting   NO 
          rights: 
 
          Other (please specify):                     NO 
 
 
3.        Full name of person(s) subject to the       QVT Financial LP 
          notification obligation: 
 
4.        Full name of shareholder(s) (if different   QVT Fund LP 
          from 3 above): 
                                                      Quintessence Fund LP 
 
5.        Date of the transaction (and date on which  13 January 2011 
          the threshold is crossed or reached if 
          different): 
 
6.        Date on which issuer notified:              14 January 2011 
 
7.        Threshold(s) that is/are crossed or         5% 
          reached: 
 
8.        Notified details: 
 
A: Voting Rights attached to Shares 
 
Class/type of      Situation        Resulting situation after the triggering 
  shares if     previous to the                   transaction 
possible using    triggering 
the ISIN CODE     transaction 
 
                Number   Number  Number of  Number of Voting     % of Voting 
                  of       of     Shares         Rights            Rights 
                Shares   Voting 
                         Rights 
 
                                 Direct    Direct   Indirect  Direct   Indirect 
 
GMB00B0MSVZ38  Below 5% Below 5% 3,175,180          3,175,180          6.6% 
 
 
B: Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of         Expiration Date Exercise/       Number of       % of Voting 
Financial                       Conversion      Voting Rights   Rights 
Instrument                      Period/Date     that may be 
                                                acquired if the 
                                                instrument is 
                                                exercised/ 
                                                converted 
 
 
C. Financial Instruments with similar economic effect to Qualifying Financial 
Instruments 
 
Resulting situation after the triggering transaction 
 
Type of        Exercise Expiration  Execise/    Number of Voting % of Voting 
Financial      Price    Date                    rights           Rights 
                                    Converstion instrument 
Instrument                          Period      refers to 
 
                                                                 Nominal Delta 
 
 
TOTAL (A + B+C) 
 
Number of Voting Rights                 % of Voting Rights 
 
3,175,180                               6.6% 
 
9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: 
 
PROXY VOTING 
 
10.       Name of the proxy holder:                   N/A 
 
11.       Number of voting rights proxy holder will   N/A 
          cease to hold: 
 
12.       Date on which proxy holder will cease to    N/A 
          hold voting rights: 
 
13.       Additional information 
 
14.       Contact name:                               Meg Nowicki 
 
15.       Contact telephone number:                   [phone] 
 
ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES 
 
A: Identity of the person or legal entity subject to the notification 
obligations 
 
Full Name (including legal form for legal QVT Financial LP 
 
entities): 
 
Contact Address: 1177 Avenue of the Americas 
 
9th Floor 
 
New York 
 
NY 10-36 
 
United States of America 
 
Telephone Number: [phone] 
 
[e-mail] 
 
Other Useful Information (at least legal 
 
Representative for legal persons): 
 
B: Identity of the notifier, if applicable 
 
Full Name: 
 
Contact Address: 
 
Telephone Number: 
 
Other Useful Information (e.g. functional 
 
relationship with the person or legal entity 
 
subject to the notification obligation): 
 
C: Additional Information 
 
Enquiries: 
 
Intertrust Fund Services (Guernsey) Limited 
Company Secretary 
Martello Court 
Admiral Park 
St Peter Port 
Guernsey 
 
Telephone: [phone] 
Facsimile: 01481 211001 
 
 
 
END