Starhill Global Real Estate Investment Trust: Changes to S-REIT Benchmark Index Components

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About Starhill Global REIT

Starhill Global REIT is a Singapore-based real estate investment trust that invests primarily in real estate used for retail and office purposes, both in Singapore and overseas. Since listing on the Mainboard of Singapore Exchange Securities Trading Limited (the “SGX-ST”) on September 20, 2005, Starhill Global REIT has expanded its initial portfolio of interests in two landmark properties on Singapore’s Orchard Road to 10 properties in Singapore, Australia, Malaysia, China and Japan, worth around S$3.0 billion.

These include interests in Wisma Atria and Ngee Ann City on Orchard Road in Singapore, Myer Center Adelaide, David Jones Building and Plaza Arcade in Adelaide and Perth, Australia, The Starhill and Lot 10 in Kuala Lumpur, Malaysia, a retail building in Chengdu, China and two properties in Tokyo, Japan. Starhill Global REIT remains focused on finding attractive real estate assets in Singapore and overseas, while driving the organic growth of its existing portfolio, through proactive leasing efforts and creative asset enhancements.

Starhill Global REIT is managed by an external manager, YTL Starhill Global REIT Management Limited, all shares of which are indirectly held by YTL Corporation Berhad.

Important Notice

The value of Starhill Global REIT units (“Units”) and the income from them can go down as well as up. The Units are not obligations, deposits or guarantees by the Manager, HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of Starhill Global REIT), or any of their affiliates. An investment in Units is subject to investment risks, including possible delays in repayment, loss of income or loss of capital invested. The Manager and its affiliates do not guarantee the performance of Starhill Global REIT or the repayment of Starhill Global REIT’s capital or any particular rate of return. Unitholders do not have the right to instruct the Manager to redeem or purchase their Units while the Units are listed on the SGX-ST.

It is intended that Unitholders may only trade their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. This document is provided for informational purposes only and does not constitute an invitation or an offer to acquire, purchase or subscribe for Units. Starhill Global REIT’s past performance is not indicative of Starhill Global REIT’s future performance. Similarly, the Manager’s past performance is not indicative of the Manager’s future performance.

This document may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, results and outcomes may differ materially from those expressed in forward-looking statements due to a number of risks, uncertainties and assumptions. Representative examples of such factors include (but are not limited to) general industry and economic conditions, infectious disease or pandemic outbreak, interest rate and bond rate trends, currency, cost of capital and availability of capital, competition from other developments or businesses, changes in expected occupancy levels, currency exchange rates, property rental income, expense recoveries, changes in operating expenses (including employee salaries, benefits, and training costs), changes in government and public policy, and the continued availability of funding in the amounts and terms necessary to support future operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager’s current view of future events.

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