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Email This Print This Insider Trades

Announce Date
[Date of Effective Change]		 Buyer/Seller Name
[Type*]		 S/W/U ** Bought/(Sold)('000) Price($) After Trade Note
No. of Shares ('000)*** % Held
***
02/06/08
[30/05/08]		 Henry Chow Tat Ming [DIR] S 7,760  0.035 82,642 8.79 -
Remarks
28/05/08
[27/05/08]		 Henry Chow Tat Ming [DIR] S 5,382  0.035 74,882 7.97 -
Remarks
27/05/08
[23/05/08]		 Grande Pacific Ltd [SSH] S (1,000)  - 98,967 10.53 Note
Remarks
Open Market Sale.
06/05/08
[30/04/08]		 Henry Chow Tat Ming [DIR] S (15,000)  0.030 69,500 8.34 -
Remarks
06/02/08
[06/02/08]		 Kea Kah Kim [DIR] S (21,000)  0.035 17,533 2.20 Note
Remarks
Disposal by third party.
06/02/08
[04/02/08]		 E-Path Developments Ltd [SSH] S (21,000)  0.035 17,533 2.20 Note
Remarks
Disposal by third party.
05/02/08
[04/02/08]		 Wong Lock Chee [SSH] S 21,000  - 70,000 8.80 -
Remarks
31/01/08
[29/01/08]		 Wong Lock Chee [SSH] S 6,000  - 49,000 6.16 -
Remarks
30/01/08
[29/01/08]		 E-Path Developments Ltd [SSH] S (24,000)  0.035 38,533 5.05 -
Remarks
29/01/08
[29/01/08]		 Kea Kah Kim [DIR] S (24,000)  0.035 38,533 5.05 -
Remarks
28/01/08
[25/01/08]		 Wong Lock Chee [SSH] S 18,000  0.035 43,000 5.63 -
Remarks
22/01/08
[21/01/08]		 E-Path Developments Ltd [SSH] S (39,350)  0.035 62,533 8.19 -
Remarks
22/01/08
[21/01/08]		 Kea Kah Kim [DIR] S (39,350)  0.035 62,533 8.19 -
Remarks
09/11/07
[06/11/07]		 Hesham Talaat Al Warraq [SSH] S (4,484)  - 34,516 4.59 Note
Remarks
Market Transaction.
13/06/07
[08/06/07]		 Hesham Talaat Al Warraq [SSH] S (5,000)  - 39,000 5.46 -
Remarks
10/05/07
[07/05/07]		 Hesham Talaat Al Warraq [SSH] S (7,222)  - 44,000 6.26 Note
Remarks
Market Transaction.
07/05/07
[30/04/07-03/05/07]		 D.B. Zwirn Special Opportunities Fund L.P. [SSH] S (17,395)  - 29,605 4.21 Note
Remarks
On 30 April 2007, 6,105,006 ordinary shares of ArianeCorp Limited were issued in favour of D.B.Zwirn Special Opportunities Fund, L. P., pursuant to the conversion of redeemable convertible bonds of an aggregate amount of S$500,000, resulting in D.B.Zwirn Special Opportunities Fund, L.P.s shareholding in AianeCorp Limited increasing to approximately 7.56% of the issued shares of ArianeCorp Limited.

From 30 April 2007 to 3 May 2007, D.B.Zwirn Special Opportunities Fund, L.P. disposed of 23,500,000 ordinary shares of ArianeCorp Limited through open market transactions, resulting in D.B.Zwirn Special Opportunities Fund, L.P.s shareholding in ArianeCorp Limited decreasing to approximately 4.21% of the issued shares.
07/05/07
[30/04/07-03/05/07]		 Daniel B. Zwirn [SSH] S (17,395)  - 29,605 4.21 Note
Remarks
On 30 April 2007, 6,105,006 ordinary shares of ArianeCorp Limited were issued in favour of D.B.Zwirn Special Opportunities Fund, L. P., pursuant to the conversion of redeemable convertible bonds of an aggregate amount of S$500,000, resulting in D.B.Zwirn Special Opportunities Fund, L.P.s shareholding in AianeCorp Limited increasing to approximately 7.56% of the issued shares of ArianeCorp Limited.

From 30 April 2007 to 3 May 2007, D.B.Zwirn Special Opportunities Fund, L.P. disposed of 23,500,000 ordinary shares of ArianeCorp Limited through open market transactions, resulting in D.B.Zwirn Special Opportunities Fund, L.P.s shareholding in ArianeCorp Limited decreasing to approximately 4.21% of the issued shares.

D.B.Zwirn Special Opportunities Fund, L.P. is a fund managed by D.B.Zwrin & Co., L.P.

DBZ GP, LLC is the general partner of D.

B.

Zwirn & Co.

, L.

P.

Zwirn Holdings, LLC is the managing member of DBZ GP, LLC, as well as the managing member of D.B.Zwirn Partners, LLC, the general partner of D.B.Zwirn Special Opportunities Fund, L.P.

Daniel B. Zwirn is the managing member of Zwirn Holdings, LLC.
30/04/07
[25/04/07]		 Hesham Talaat Al Warraq [DIR] S (15,329)  - 51,222 7.35 Note
Remarks
Market Transaction.
25/04/07
[21/04/07]		 Hesham Talaat Al Warraq [SSH] S (24,680)  - 66,551 9.55 Note
Remarks
Market Transaction.
17/04/07
[11/04/07]		 First Gulf Asia Holdings Ltd [SSH] S (8,769)  - 91,231 13.21 Note
Remarks
Market Transaction.
17/04/07
[11/04/07]		 Hesham Talaat Al Warraq [SSH] S (8,769)  - 91,231 13.21 Note
Remarks
Market Transaction.
12/04/07
[12/03/07]		 Henry Tat Ming Chow [SSH] S 84,500  0.120 84,500 12.23 Note
Remarks
Pursuant to Sale & Purchase Agreement.

The 84,500,000 shares is registered in the name of Phillips Nominee Pte Ltd.
02/04/07
[20/03/07]		 First Gulf Asia Holdings Ltd [SSH] S 100,000  0.100 100,000 14.48 Note
Remarks
Off-market sale and purchase.
02/04/07
[20/03/07]		 Hesham Talaat Al Warraq [SSH] S 100,000  0.100 100,000 14.48 Note
Remarks
Off-market sale and purchse.
22/03/07
[20/03/07]		 E-Path Developments Ltd [SSH] S (100,000)  0.100 101,883 14.75 Note
Remarks
Off-market transaction.
22/03/07
[20/03/07]		 Kea Kah Kim [DIR] S (100,000)  0.100 101,883 14.75 Note
Remarks
Off-market transaction.
19/01/07
[18/01/07]		 D.B. Zwirn Special Opportunities Fund L.P. [SSH] S 19,000  - 47,000 8.49 Note
Remarks
D.B. Zwirn Special Opportunities Fund, L.P. has (through Raffles Nominees (Pte) Ltd) purchased 19,000,000 ordinary shares of ArianeCorp Limited through open market transactions, resulting in D.B. Zwirn Special Opportunities Fund, L.P.s shareholding in ArianeCorp Limited increasing to 8.49 per cent of the issued shares.
19/01/07
[18/01/07]		 Daniel B. Zwirn [SSH] S 19,000  - 47,000 8.49 Note
Remarks
From 27 December 2006 to 18 January 2007, D.B. Zwirn Special Opportunities Fund, L.P. has (through Raffles Nominees (Pte) Ltd) purchased 19,000,000 ordinary shares of ArianeCorp Limited through open market transactions, resulting in D.B. Zwirn Special Opportunities Fund, L.P.s shareholding in ArianeCorp Limited increasing to 8.49 per cent of the issued shares.

D.B. Zwirn Special Opportunities Fund, L.P. is a fund managed by D.B. Zwirn & Co., L.P.

DBZ GP, LLC is the general partner of D.B. Zwirn & Co., L.P.

Zwirn Holdings, LLC is the managing member of DBZ GP, LLC, as well as the managing member of D.B. Zwirn Partners, LLC, the general partner of D.B.Zwirn Special Opportunities Fund, L.P.

Daniel B. Zwirn is the managing member of Zwirn Holdings, LLC.
29/12/06
[20/12/06]		 Daniel B. Zwirn [SSH] S 11,000  0.090 28,000 5.06 -
Remarks
27/12/06
[20/12/06]		 D.B. Zwirn Special Opportunities Fund L.P. [SSH] S 11,000  0.090 28,000 5.06 -
Remarks
03/12/04
[01/12/04]		 Kea Kah Kim [SSH] S 5,000  - 206,883 40.27 Note
Remarks
Changes in deemed interest through purchase of shares on the open market by Orlit Enterprises Pte Ltd
25/11/04
[23/11/04]		 Goh Seh Leong [DIR] S 100  0.140 100 0.02 -
Remarks
19/10/04
[15/07/04-18/08/04]		 Liu Yi Feng [SSH] S 8,000  0.115-0.117 50,000 9.73 -
Remarks

* DIR - Director (include Directors of related companies)
SSH - Substantial Shareholder
COY - Company Share Buyback
** S - Shares
W - Warrants
U - Units
R - Rights
*** Direct & Deemed Interests


Notes
  1. Only trades by directors, substantial shareholders and company share buy back are included in Insider Trades.