1 Mapletree Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust (“MapletreeLog”), is pleased to announce the completion of the acquisition of (i) H.S.(M) 17454, Lot No. PT 2607, Locality of Sungai Penaga, Mukim of Petaling, District of Petaling, State of Selangor Darul Ehsan, Malaysia (the “Subang 3 Property”); and (ii) H.S.(M) 10905, Lot No. PT 298, Locality of Sungai Penaga, Mukim of Petaling, District of Petaling, State of Selangor Darul Ehsan, Malaysia (the “Subang 4 Property”) today for a purchase price of RM19.945 million and RM9.5 million respectively.

2 MapletreeLog (M) Holdings Sdn. Bhd. (“MMH”), a subsidiary of MapletreeLog, has today completed the sale and purchase of the Subang 3 Property and the Subang 4 Property, in connection with the two separate conditional sale and purchase agreements entered into between (i) Haluan Kreatif Sdn Bhd and MMH, and (ii) LYL Building Materials Sdn Bhd and MMH, respectively, on 16 February 2007.

3 The purchase price and other acquisition costs of the Property are funded by the proceeds from the issue of new units under the equity fund raising exercise of MapletreeLog, which was completed on 25 January 2007.