Temasek confirms that we have increased our holdings in Olam International Ltd to 18% (from 16.3% on 18 December 2012).  We have notified the SGX accordingly. 
 
As we have mentioned before, we have invested in Olam over several years.  In our judgement, the Company represents a reasonably attractive investment over the long term, and we are pleased to have the opportunity to add to our stake.  If there are any further material changes to our shareholding, we will make the relevant regulatory disclosures accordingly.