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.

A Happy & Prosperous New Year to All !

Dear All,

Some of you may have noticed that one of our blogs, http://mreit.blogspot.com/ (on Malaysia REITs) had been removed by blogger (the service provider) as of yesterday. We do not know the reasons behind this and have appealed to them. We have yet to receive any reply.

In the meantime, we have created a temporary replacement at http://m-reit.blogspot.com/ but currently, there’s only one entry (July 2009).

This sudden action by blogger has made us realized how vulnerable we are, of losing all our data. We will be considering the possibilities of creating a mirror site with another blog service provider or to start our own website (so that we won’t be at the mercy of any provider). So, watch this space as we will keep you updated of our alternative actions.

Thank You!