CapitaLand Ascott Trust - Investor Relations: News

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

BackMay 08, 2012

Part I

Date of notice to issuer

08/05/2012

Name of Substantial Shareholder

CapitaLand Limited

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

Date of change of Interest

04/05/2012

The change in the percentage level

From 48.49 % To 49.02 %

Circumstance(s) giving rise to the interest or change in interest

# Others

Receipt of an aggregate of 11,591,325 new units in Ascott Reit ("Units") by Ascott Residence Trust Management Limited (as manager of Ascott Reit) ("ARTML") in respect of the following:

(i) 2,029,969 Units on 6 May 2011 as payment of the Management Fees for the period from 1 January 2011 to 31 March 2011;

(ii) 2,160,661 Units on 2 August 2011 as payment of the Management Fees for the period from 1 April 2011 to 30 June 2011;

(iii) 2,490,971 Units on 1 November 2011 as payment of the Management Fees for the period from 1 July 2011 to 30 September 2011;

(iv) 2,631,595 Units on 3 February 2012 as payment of the Management Fees for the period from 1 October 2011 to 31 December 2011; and

(v) 2,278,129 Units on 4 May 2012 as payment of the Management Fees for the period from 1 January 2012 to 31 March 2012.

ARTML is a wholly-owned subsidiary of CL. CL is deemed to have an interest in the above units held by ARTML.

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

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	544,639,785
As a percentage of issued share capital	0 %	48.49 %
No. of shares held after the change	0	556,231,110
As a percentage of issued share capital	0 %	49.02 %
Footnotes	1. Where references are made to shares, it refers to the units in Ascott Reit. 2. Percentage unitholdings held before the change is expressed based on 1,123,189,859 units in issue of Ascott Reit as at 30 March 2011. 3. Percentage unitholdings held after the change is expressed based on 1,134,781,184 units in issue of Ascott Reit as at 4 May 2012.