FCOT – SGX

Singapore, 5 March 2010 – Further to its announcement dated 9 February 2010 in relation to the non-renounceable offer for sale of 116,789,400 Series A convertible perpetual preferred units in FCOT (units in FCOT, “Units”, the Series A convertible perpetual preferred Units, the “Series A CPPUs” and the non-renounceable offer for sale by FCL Investments Pte. Ltd. (the “Vendor”) of 116,789,400 Series A CPPUs, the “Series A CPPU Offering”), Frasers Centrepoint Asset Management (Commercial) Ltd., as the manager of FCOT (the “Manager”), is pleased to announce that following the close of the Series A CPPU Offering on 2 March 2010, 36,342,116 Series A CPPUs have been accepted and will be transferred to the relevant holders of Units (“Unitholders”) and credited into their respective securities accounts on 9 March 2010 and the Vendor will be retaining 98,157,884 Series A CPPUs (including 80,447,284 Series A CPPUs which were not taken up pursuant to the Series A CPPU Offering). Frasers Centrepoint Limited will, through the Vendor and FCL Trust Holdings (Commercial) Pte. Ltd., hold an aggregate of 306,157,884 Series A CPPUs.