GIGAMEDIA Ltd — Director's Dealing 2006

Sep 15, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GIGAMEDIA LTD (GIGM)
CIK: 0001105101
Period of Report: 2006-09-15

Reporting Person: Sansar Capital Management, L.L.C. (N/A)
Reporting Person: Sansar Capital Special Opportunity Master Fund, L.P. (N/A)
Reporting Person: Sansar Capital Master Fund, L.P. (N/A)
Reporting Person: Sansar Performance, L.P. (N/A)
Reporting Person: Motwani Sanjay (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Indirect

Footnotes

F1: Reference is made to the Form 3 filed by the Reporting Persons on June 26, 2006 with respect to the issuer's Common Stock and all Form 4s filed in connection therewith. That Form 3, and all Form 4s filed in connection therewith, were filed in error and are hereby withdrawn. The reporting persons have determined that they did not have beneficial ownership of 10% or more of the issuer's common stock as determined pursuant to Rule 16a-1 of the Securities and Exchange Act of 1934, as amended.