MLT – SGX

COMPLETION OF ACQUISITION OF PUBLIC LORRY PARK SPACES OF GRANDTECH CENTRE AT NO. 8, ON PING STREET, SHATIN, NEW TERRITORIES, HONG KONG FOR HK$31.0 MILLION

1. Further to our announcement on 5 June 2007 on the completion of the acquisition of Grandtech Centre (excluding public lorry park spaces which will be completed upon the issuance of modification letter by the HKSAR Government) at No. 8 On Ping Street, Shatin New Territories, Hong Kong, Mapletree Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust, is pleased to announce the completion of the acquisition of the public lorry park spaces of Grandtech Centre (the “Property”) today for a purchase price of HK$31.0 million, following the issuance of the modification letter by the HKSAR Government.

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

Source : SGX

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