MIT – SGX

COMPLETION OF ACQUISITION OF 44 & 46 CHANGI SOUTH STREET 1, SINGAPORE

Further to its press release dated 2 December 2010 regarding the acquisition of the property at 44 & 46 Changi South Street 1, Singapore for a purchase price of S$16.8 million, Mapletree Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust is pleased to announce that the acquisition was completed today.

The acquisition was fully funded by proceeds raised in the recent equity fund raising exercise announced on 21 September 2010 (“EFR announcement”). This was one of the Potential Acquisitions as identified in the EFR announcement.