SABANA SHARI?AH COMPLIANT INDUSTRIAL REAL ESTATE INVESTMENT TRUST

(a real estate investment trust constituted on 29 October 2010 under the laws of the Republic of Singapore)

CLOSE OF PRIVATE PLACEMENT OF 40,000,000 NEW UNITS (?NEW UNITS?)

IN SABANA SHARI?AH COMPLIANT INDUSTRIAL REAL ESTATE INVESTMENT TRUST

(?SABANA REIT?) AT AN ISSUE PRICE OF S$1.00 PER NEW UNIT (THE ?ISSUE PRICE?)

1. Introduction

Further to its announcement dated 13 September 2013 (the ?

to the placement of New Units at an issue price of between S$1.00 and S$1.02 per New

Unit (the ?

Management Pte. Ltd., in its capacity as manager of Sabana REIT (the ?

pleased to announce that The Hongkong and Shanghai Banking Corporation Limited,

Singapore Branch and Morgan Stanley Asia (Singapore) Pte., as underwriters for the

Private Placement (the ?

book of orders for the Private Placement.Announcement?) in relationPrivate Placement?), the Board of Directors of Sabana Real Estate InvestmentManager?), isUnderwriters?), in consultation with the Manager, has closed the

2. Issue Price

The Issue Price has been fixed at S$1.00 per New Unit, as agreed between the Manager

and the Underwriters, following an accelerated book building process.

The Issue Price of S$1.00 per New Unit represents a discount of 9.6% to the adjusted

volume weighted average price

SGX-ST for the full Market Day

Private Placement amount to S$40.0 million and the net proceeds from the Private

Placement amount to approximately S$39.2 million.1 of S$1.1066 per Unit, for trades in the Units done on the2 on 12 September 2013. The gross proceeds from the

1 The adjusted volume weighted average price is computed based on the volume weighted average price of all trades in

the Units on Singapore Exchange Securities Trading Limited (the ?

2013 and subtracting the Advanced Distribution (as defined in the Announcement) of approximately 2.20 cents per

Unit. This amount is an estimate only based on information currently available to the Manager, and the actual

Advanced Distribution may differ.

2 ?SGX-ST?) on the full Market Day on 12 SeptemberMarket Day? refers to a day on which the SGX-ST is open for securities trading.

This announcement is not for distribution, directly or indirectly, in or into the United States, Canada or Japan.

2

3. Listing of, Dealing in and Quotation of the New Units

The trading of the New Units on the SGX-ST is currently expected to commence on 24

September 2013 at 9.00 a.m..

The Manager will make a formal application to the SGX-ST for the listing of, dealing in,

and quotation of, the New Units on the Main Board of the SGX-ST. An appropriate

announcement will be made upon the receipt of such in-principle approval from the SGXST.

BY ORDER OF THE BOARD

SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.

(Company Registration No. 201005493K)

(as manager of Sabana Shari?ah Compliant Industrial Real Estate Investment Trust)