Holding(s) in Company-Amend

Aseana Properties Limited
31 August 2007

The following statement replaces the announcement (RNS 6699X) made on 1st June
2007 at 17:08.

                   Aseana Properties Limited ('the Company')

                              Notifiable Interest

Notification of major interests in shares - the following information has been
received by the Company.

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Aseana Properties Limited

2. Reason for the notification

Correction to Issued Share Capital applied

3. Full name of person(s) subject to the notification obligation:

JPMorgan Chase & Co

4. Full name of shareholder(s) (if different from 3):

JF Asset Management Limited

JPMorgan Asset Management (UK) Limited

5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

10 April 2007

6. Date on which issuer notified:

30 August 2007

7. Threshold(s) that is/are crossed or reached:

N/A

8. Notified details:

A: Voting rights attached to shares
Class/type of shares Situation previous to Resulting situation after the triggering transaction
                     Triggering
if possible using    transaction
ISIN CODE

                     Number of  Number of  Number of      Number of voting rights % of voting rights
                     Shares     Voting     shares
                                Rights

                                           Direct         Direct       Indirect   Direct   Indirect

JE00B1RZDJ41         Below 5%   Below 5%   8,324,500                   8,324,500           3.33



B: Financial Instruments
Resulting situation after the triggering transaction

Type of financial Expiration date     Exercise/           Number of voting       % of voting rights
instrument                            Conversion Period/  rights that may be
                                      Date                acquired if the
                                                          instrument is
                                                          exercised/ converted
N/A

Total (A+B)
Number of voting rights                              % of voting rights

8,324,500                                            3.33


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Total disclosable holding for JPMorgan Chase & Co. : 8,324,500 (3.33%)

Holdings by controlled undertakings of JPMorgan Chase & Co. are as follows:

10. Name of the Proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

The original disclosure was made on the understanding that the issued share
capital was 162 million, but we are now advised that the correct figure has
always been 250 million.  The percentage held has never exceeded 5%.


14. Contact name:

Michael Kirwan





15. Contact telephone number:

0207 325 1413







.............................................
Geraldine Harris
On behalf of Walkers (Jersey) Limited - Company Secretary
Aseana Properties Limited





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