CapitaCommercial Trust Management Limited, as manager of CapitaCommercial Trust, wishes to announce that Mr David Tan Wei-Son has tendered his resignation as its Chief Executive Officer. His last day of service will be 15 September 2007 on which date he will also resign as Director.

The Board of Directors would like to extend its thanks and appreciation to Mr Tan for his services during his term of office and wishes him well in his future endeavours.

The Board of Directors has identified a candidate to be the next Chief Executive Officer and an appropriate announcement will be made in due course. In the interim, Mr Wen Khai Meng, the Chief Executive Officer of CapitaLand Commercial Limited, will serve as the Acting Chief Executive Officer of the Company.