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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackFeb 03, 2012
Part I
1. Date of notice to issuer 03/02/2012
2. Name of Substantial Shareholder CapitaLand Investments Pte Ltd ("CIPL")
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Deemed Interest 01/02/2012
2. The change in the percentage level From 13.39 % To 12.99 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

By virtue of :

(A) The issue of new units in CCT ("Units") totaling 56,250,818 from 5 September 2006 to 1 February 2012 to CapitaCommercial Trust Management Limited as manager of CCT for the payment of management fees for the period from 1 September 2006 to 31 December 2011 and acquisition fees for the acquisition of Raffles City Singapore, One George Street and Wilkie Edge.

(B) The issue of new Units under the fully underwritten renounceable 1-for-1 rights issue by CCT in 2009 under which E-Pavilion Pte Ltd had received 184,137,000 Units.

(C) The issue of 379,708 Units in 2011 arising from a conversion of an aggregate principal amount of S$500,000 of the S$225 million 2.7 Per Cent. Convertible Bonds Due 2015 into Units.

As E-Pavilion Pte Ltd is a wholly-owned subsidiary of CIPL, CIPL is deemed to be interested in the Units held by E-Pavilion Pte Ltd.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: A series of transactions as disclosed above.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 184,137,000
As a percentage of issued share capital 0 % 13.39 %
No. of shares held after the change 0 368,274,000
As a percentage of issued share capital 0 % 12.99 %
Footnotes 1. Where reference is made to shares, it refers to the units in CCT ("Units"); where reference is made to shareholder, it refers to unitholder.

2. The number of Units before the change is CIPL's unitholding as at 1 September 2006, based on CIPL's notice dated 1 September 2006.

3. The percentages of the unitholding before the change are calculated based on CCT's issued units of 1,375,239,677 as at 1 September 2006.

4. The percentages of the unitholding after the change are calculated based on CCT's issued units of 2,835,761,209 as at 1 February 2012.