CapitaLand Ascott Trust - Investor Relations: News

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

BackOct 07, 2010

Part I

Date of notice to issuer

07/10/2010

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

07/10/2010

The change in the percentage level

From 48.01 % To 47.74 %

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

# Others

Allotment of an aggregate of 67,858,000 new units of Ascott Residence Trust ("Ascott Reit") under the Preferential Offering of the Equity Fund Raising undertaken by Ascott Reit on 7 October 2010, of which 29,581,516 new units were allotted as follows:

(i) 16,584,574 new units to The Ascott Limited ("TAL");

(ii) 11,357,798 new units to Somerset Capital Pte Ltd ("SCPL"); and

(iii) 1,639,144 new units to Ascott Residence Trust Management Limited ("ARTML").

As TAL, SCPL and ARTML are wholly-owned subsidiaries of CL, CL is deemed to be interested in the above units held by them.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

The result of a transaction

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	498,966,484
As a percentage of issued share capital	0 %	48.01 %
No. of shares held after the change	0	528,548,000
As a percentage of issued share capital	0 %	47.74 %
Footnotes	Notes: 1. "Preferential Offering" and "Equity Fund Raising" shall bear the meanings set out in the Offer Information Statement of Ascott Reit dated 13 September 2010. 2. Where references are made to shares, it refers to the units in Ascott Reit. 3. Percentage unitholdings held before the change is expressed based on 1,039,240,074 units in issue of Ascott Reit as at 22 September 2010. 4. Percentage unitholdings held after the change is expressed based on 1,107,098,074 units in issue of Ascott Reit as at 7 October 2010.