Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackNov 16, 2011
Part I
1. Date of notice to issuer 16/11/2011
2. Name of Substantial Shareholder CapitaMalls Asia Limited ("CMA")
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 10/11/2011
2. The change in the percentage level From 29.87 % To 28.54 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

(i) the issue of a total 4,727,634 new units of CMT to CapitaMall Trust Management Limited, the manager of CMT ("CMTML") at a total consideration of approximately S$8.9 million in payment of management fees for each quarter from 24 March 2010 to 28 October 2011;

(ii) sale of a total of 8,000,000 units of CMT by CMTML at a total consideration of approximately S$15.1 million from 24 March 2010 to 27 April 2011; and

(iii) the issue of 1,432,312 new units on 2 August 2010 and 1,696,034 new units of CMT on 28 October 2011 to CMTML at a total consideration of approximately S$5.7 million in payment of acquisition fees for the acquisition of Clarke Quay and Jurong Gateway site respectively.

As CMTML is subsidiary of CMA, CMA is deemed to be interested in the above units.




4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 950,077,146
As a percentage of issued share capital 0 % 29.87 %
No. of shares held after the change 0 949,933,126
As a percentage of issued share capital 0 % 28.54 %
Footnotes 1) Where reference is made to shares, it refers to the units in CMT ("Units").

2) ) The pre-transaction percentage figure shown above is calculated based on CMT's equity of
3,180,895,775 Units as at 23 March 2010.

3) The post-transaction percentage figures shown above is calculated based on CMT's equity of
3,328,416,755 Units as at 10 November 2011.