Singapore, 16 November 2009: Reference is to the MacarthurCook Industrial REIT (“MIREIT”) announcement (no. 00045) made on 16 November 2009.

In its announcement, MacarthurCook Investment Managers (Asia) Limited (“MIM”) has ignored the requisition by Cambridge Industrial Trust (“CIT”) and others for an EGM of MIREIT as lodged with both it and the trustee of MI-REIT this morning.

Cambridge Industrial Trust Management Limited, on behalf of CIT, the largest unitholder in MI-REIT, requires MIM to confirm that it has arranged with the MI-REIT trustee for the EGM to remove MIM as manager to be called on 4 December 2009.