Notice of Cessation Of Substantial Shareholding

Name of Announcer *:	SAMUDERA SHIPPING LINE LTD
Company Registration No.:	199308462C
Announcement submitted on behalf of:	SAMUDERA SHIPPING LINE LTD
Announcement is submitted with respect to *:	SAMUDERA SHIPPING LINE LTD
Announcement is submitted by *:	Anwarsyah
Designation *:	Executive Director

PART I

1.	Date of notice to issuer *:	06-08-2007
2.	Name of Substantial Shareholder *:	Mrs Minarsih Soedarpo Sastrosatomo ("Mrs S")
3.	Please tick one or more appropriate box(es): *
	• Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

PART II

1.	Date of change of [Select Option]:
2.	Name of Registered Holder:	[Select Option]
3.	Circumstance(s) giving rise to the interest or change in interest:
	# Please specify details
4.	Information relating to shares held in the name of the Registered Holder:
	No. of Shares held before the change:
	As a percentage of issued share capital:	%
	No. of N.A. which are subject of this notice:
	As a percentage of issued share capital:	%
	Amount of consideration (excluding brokerage and stamp duties) per share paid or received:
	No. of N.A. held after the change:
	As a percentage of issued share capital:	%

PART III

1.	Date of change of Interest:	02-08-2007
2.	The change in the percentage level:	From 65.14 % To 0 %
3.	Circumstance(s) giving rise to the interest or change in interest:	# Others
	# Please specify details:	Pursuant to a transfer by Mrs S' husband, Mr Soedarpo Sastrosatomo ("SS"), of his entire controlling interest in PT Ngrumat Bondo Utomo ("NBU"), Mrs S ceases to be a deemed substantial shareholder of Samudera Shipping Line Ltd.
4.	A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:	a transaction

PART IV

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change:	0	351,180,000
As a percentage of issued share capital:	0 %	65.14 %
No. of shares held after the change:	0	0
As a percentage of issued share capital:	0 %	0 %