(Constituted in the Republic of Singapore pursuant to a trust deed dated 28 November 2005 (as amended))

K-REIT ASIA MANAGEMENT LIMITED'S UNITHOLDING IN K-REIT ASIA

K-REIT Asia Management Limited(the "Company"), as the manager of K-REIT Asia, wishes to announce that it has today sold and transferred 12,114,120 Units in K-REIT Asia to a wholly- owned subsidiary of Keppel Land Limited, namely K-REIT Asia Investment Pte. Ltd..
As at the date of this announcement, with this transfer, the Company's unitholding in K-REIT Asia is 23,534,019 Units, representing approximately 0.92% of the total number of Units in issue in K- REIT Asia. The total number of issued Units in K-REIT Asia as at the date of this announcement is 2,547,574,969.
By Order of the Board
K-REIT Asia Management Limited
(Company Registration Number: 200411357K)
as manager of K-REIT Asia
Choo Chin Teck / Jacqueline Ng
Joint Company Secretaries
26 January 2012

Important Notice

The value of Units and the income from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by the Company, as manager of K-REIT Asia, or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders of K-REIT Asia may only deal in their Units through trading on the Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

The past performance of K-REIT Asia is not necessarily indicative of the future performance of K-REIT Asia.

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