BRIEF-Precision Tsugami (China) Updates On Disposal Of Existing Shares By Controlling Shareholder

Reuters07-02

July 2 (Reuters) - Precision Tsugami (China) Corporation Ltd :

* UPDATES ON DISPOSAL OF EXISTING SHARES BY CONTROLLING SHAREHOLDER

* ON 2 JULY TSUGAMI CORPORATION AGREED TO DISPOSE OF 22.5 MILLION SHARES OF CO

* TSUGAMI JAPAN FURTHER INFORMED CO THAT PURCHASER$(S)$ OF SALE SHARES ARE THIRD PARTIES

* IMMEDIATELY AFTER DISPOSAL NO. OF SHARES OF CO HELD BY TSUGAMI JAPAN DECREASED TO 247.5 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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