Creative Technology Ltd. to Relocate Share Registrar Functions to Singapore

* Reuters is not responsible for the content in this press release.

Wed Jun 24, 2009 1:05pm EDT

SINGAPORE, June 24 /PRNewswire/ -- Creative Technology Ltd. ("Creative")
announces its intention to relocate its share registrar functions which are
currently handled by Mellon Investor Services LLC ("Mellon"), based in New
York, to Singapore. Creative will be appointing Boardroom Corporate & Advisory
Services Pte. Ltd. ("Boardroom"), based in Singapore, as its share registrar.
Boardroom's appointment will take effect from 22 July 2009.

U.S. Book Closure

Notice is given to Creative's shareholders in the United States ("Creative's
U.S. Shareholders") that in order to facilitate the transfer of share
registrar functions from Mellon to Boardroom, the Share Transfer Books and
Register of Members will be closed for four market days between 16 July 2009
and 21 July 2009, both dates inclusive ("Closure Period"). In addition, no
request by U.S. Shareholders for transfer of their shares in Creative to be
traded on SGX-ST will be accepted by Mellon and The Central Depository (Pte)
Limited ("CDP"), between 9 July 2009 and 21 July 2009, both dates inclusive
("Restriction Period"). 

The Restriction Period and the Closure Period is only in respect of Creative's
shares that are not within the Singapore Exchange Securities Trading Limited
("SGX-ST") trading system and will not affect the transferability of
Creative's shares that are being traded on SGX-ST. Any request from Creative's
U.S. Shareholders to transfer their shares in Creative to be traded on SGX-ST
must be received by Mellon and CDP, before 5pm (Eastern Daylight Time) on 8
July 2009. 

Trading in Singapore

Trading of Creative's shares will continue to take place on SGX-ST. For such
trading to take place, Creative's shares will have to be on the SGX-ST
scripless system. Creative's U.S. Shareholders can sell Creative's shares on
SGX-ST after they transfer these shares from their U.S. brokerage account to
an account with CDP. Creative's U.S. Shareholders need to check with their
U.S. broker to see if the broker can perform this function for them and
explain the process, procedure and timeline. Creative's U.S. Shareholders
would need to select a U.S. broker who can perform this function if their
current U.S. broker is unable to perform this function. Many major U.S.
brokers have these capabilities.

Please check the Investor Relations section of Creative's website at
www.creative.com/corporate/investor for any further updates.

About Creative
Creative is a worldwide leader in digital entertainment products. Famous for
its Sound Blaster(R) sound cards and for launching the multimedia revolution,
Creative is now driving digital entertainment on the PC platform with products
like its highly acclaimed ZEN(R) MP3 and portable media players. Creative's
innovative hardware, proprietary technology, applications and services
leverage the Internet, enabling consumers to experience high-quality digital
entertainment - anytime, anywhere. 



SOURCE  Creative Technology Ltd.

Wynne Leong of Creative Technology Ltd., (65) 6895-4120,
wynne.leong@ctl.creative.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.