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| Announcement Title | Placements |
| Announcement Subtitle | Receipt of Approval In-Principle for Listing and Quotation of New Units |
| Securities | ASCOTT RESIDENCE TRUST (ART) |
| Date & Time of Broadcast | Mar 21, 2016 22:15 |
| Submitted By | Kang Siew Fong / Regina Tan Joint Company Secretaries, Ascott Residence Trust Management Limited |
| Description | The attached announcement issued by Ascott Residence Trust Management Limited for Ascott Residence Trust is for information. |
| Capital Amount - Old | SGD 1,653,214,797.00 |
| Capital Amount - New | SGD 1,753,215,082.00 |
| Number of Existing Outstanding Shares | 1,552,314,363 |
| New Shares Issued | 94,787,000 |
| Offer Price | SGD 1.055 |
Attachments