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Feb 08, 2010

Notice of a Change in the Percentage Level of A Substantial Shareholder's Interest: FCL Trust Holdings Pte Ltd

Part I
1. Date of notice to issuer 08/02/2010
2. Name of Substantial Shareholder FCL Trust Holdings Pte Ltd
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 04/02/2010
2. The change in the percentage level From 49.98 % To 41.02 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

An increase in the total number of issued units arises from the private placement of 137 million new units, completed on 4 February 2010.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: A transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 313,500,000 0
As a percentage of issued share capital 49.98 % 0 %
No. of shares held after the change 313,500,000 0
As a percentage of issued share capital 41.02 % 0 %
Footnotes (1) Where reference is made to shares, it refers to the units in Frasers Centrepoint Trust ("FCT").

(2) The percentage of unitholdings set out in Part III (before the change in percentage level) and in Part IV (before the change) is based on 627,198,228 Units in issue as at 3 February 2010; the date before the private placement of 137.0 million Units.

(3) The percentage of unitholdings set out in Part III (after the change in percentage level) and in Part IV (after the change) is based on 764,198,228 Units in issue as at the date of this Notice (which includes the 137.0 million new Units issued pursuant to the private placement on 4 February 2010).

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