ASCENDAS INDIA TRUST

(Registration Number: 2007004)

(a business trust registered under the Business Trusts Act, chapter 31A of Singapore)

PAYMENT OF BASE FEE BY WAY OF ISSUE OF NEW UNITS IN ASCENDAS INDIA TRUST

Ascendas Property Fund Trustee Pte. Ltd. ("APFT"), as Trustee-Manager of Ascendas India Trust ("a-iTrust"), wishes to announce that 631,365 units in a-iTrust have been issued to APFT on 29 July 2014.
The units were issued to APFT pursuant to the Trust Deed dated 28 June 2007 ("Trust Deed"), as payment of 50% of the Base Fee (as defined in the Trust Deed) for the period from 1 April 2014 to 30 June 2014. The balance of the Base Fee of S$509,006.43 was paid in cash.
The number of units was determined based on an issue price of S$0.8062 per unit, which was the volume weighted average traded unit price for all the trades on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last 10 trading days of the relevant period in which the Base Fee accrues (as provided in the Trust Deed). The timing of the issue of the units to the Trustee- Manager is in accordance with the payment timing as defined in the Trust Deed, which is within 30 days of the last day of every calendar quarter in arrears.
With the above-mentioned issue of units, APFT holds an aggregate of 30,356,943 units and the total number of units in issue as at 29 July 2014 is 920,167,305.
By Order of the Board
Mary J. de Souza
Company Secretary
Ascendas Property Fund Trustee Pte. Ltd. as Trustee-Manager of a-iTrust
29 July 2014

Ascendas Property Fund Trustee Pte Ltd (Trustee-Manager of a-iTrust)

Co. Reg. No. 200412730D

61 Science Park Road

#04-01 The Galen Singapore Science Park II Singapore 117525

Tel (65) 6774 1033

Fax (65) 6774 9563

Website: www.a-itrust.com

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