COMPLETION OF ACQUISITION OF FIFTH TO NINTH FLOORS OF TAI SANG
SHATIN WAREHOUSE CENTRE AT NO. 6 WONG CHUK YEUNG STREET, SHATIN,
NEW TERRITORIES, HONG KONG FOR HK$66.0 MILLION

1 Mapletree Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust (“MapletreeLog”), is pleased to announce the completion of the acquisition of the fifth to the ninth floors of Tai Sang Shatin Warehouse Centre at No. 6 Wong Chuk Yeung Street, Shatin New Territories, Hong Kong (the “Property”) today for a purchase price of HK$66.0 million.

2 Mapletree Opal Ltd. (“Opal”), a subsidiary of MapletreeLog, has today completed the sale and purchase of the Property, in connection with the conditional sale and purchase agreement entered into between Ever Gain Company Limited and Opal, on 10 July 2007.

3 The purchase price and other acquisition costs of the Property are fully funded by debt.