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

BackNov 08, 2010
Part I
1. Date of notice to issuer 04/11/2010
2. Name of Substantial Shareholder Temasek Holdings (Private) Limited ("Temasek")
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 02/11/2010
2. The change in the percentage level From 31.98 % To 32.00 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

There was a series of transactions by a subsidiary and certain associated companies of Temasek.

CapitaCommercial Trust Management Limited, the manager of the REIT ("Manager"), received management fees in the form of 6,904,823 Units, the details of which are set out below:

(a) 2,567,135 new Units in CCT on 30 April 2010 (for the period from 1 January 2010 to 31 March 2010).

(b) 2,385,704 new Units in CCT on 2 August 2010 (for the period from 1 April 2010 to 30 June 2010).

(c) 1,951,984 new Units in CCT on 2 November 2010 (for the period from 1 July 2010 to 30 September 2010).

The Manager's total unitholding in CCT is 72,829,146 Units as of 2 November 2010. The Manager is a subsidiary of CapitaLand Limited ("CL"). CL is in turn an associated company of Temasek.

As of 2 November 2010, Temasek has a total interest in 903,537,190 Units comprising the following Units:

(i) 898,315,146 Units in which CL has an interest;

(ii) 3,937,000 Units in which DBS Group Holdings Limited ("DBSH") has an interest. DBSH is an associated company of Temasek; and

(iii) 1,285,044 Units in which Keppel Corporation Limited ("KCL") has an interest. KCL is an associated company of Temasek.

Temasek became aware of the change in percentage level of its interest in the Units on 2 November 2010.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 900,816,367
As a percentage of issued share capital 0 % 31.98 %
No. of shares held after the change 0 903,537,190
As a percentage of issued share capital 0 % 32.00 %
Footnotes 1. Where reference is made to shares, it refers to the units in CCT ("Units").

2. The percentages of the unitholding before the change are calculated based on CCT's issued units of 2,816,403,677 as at 2 February 2010.

3. The percentages of the unitholding after the change are calculated based on CCT's issued units of 2,823,308,500 as at 2 November 2010.