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

BackNov 05, 2012
Part I
1. Date of notice to issuer 05/11/2012
2. Name of Substantial Shareholder CapitaLand Limited ("CL")
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 02/11/2012
2. The change in the percentage level From 39.53 % To 36.89 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Change in deemed interest due to the following circumstances:

1) the issue of 922,377 new units in CRCT on 18 July 2011 to CapitaRetail China Trust Management Limited ("CRCTML"), the manager of CRCT, in payment of acquisition fee for the acquisition of New Minzhong Leyuan Mall by CRCT;

2) the issue of an aggregate of 3,798,088 new units in CRCT to CRCTML in payment of the performance component of the management fees for the period from 1 April 2011 to 30 June 2012;

3) the transfer of an aggregate of 73,255 units in CRCT on 3 May 2012 from CRCTML to its directors as partial payment of directors' fees; and

4) the issue of 57,000,000 new units in CRCT on 2 November 2012 pursuant to its private placement.

As CRCTML is a subsidiary of CL, CL is deemed to be interested in the above units.
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.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 271,359,650
As a percentage of issued share capital 0 % 39.53 %
No. of shares held after the change 0 276,006,860
As a percentage of issued share capital 0 % 36.89 %
Footnotes 1. This announcement issued by CRCTML is based on the notice of substantial shareholder's change in interest received from CL on 5 November 2012.

2. Where reference is made to shares, it refers to the units in CRCT ("Units").

3. The pre-transaction percentage figure shown above is calculated based on CRCT's equity of 686,498,650 Units as at 30 June 2011.

4. The post-transaction percentage figure shown above is calculated based on CRCT's equity of 748,219,115 Units as at 2 November 2012.
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