Cambridge Industrial : CIT Recognised As Sustainability Leader With Inclusion In The Inaugural SGX Sustainability Leaders Index

f0699643-0cc8-4cf0-a4b5-ab9e3efc337b.pdf (CONSTITUTED IN THE REPUBLIC OF SINGAPORE PURSUANT TO A TRUST DEED DATED 31 MARCH 2006 (AS AMENDED)) Press Release CIT recognised as sustainability leader with inclusion in the inaugural SGX Sustainability Leaders Index

• Part of a pioneer batch of 24 SGX-listed companies to be included

• Testament to ongoing efforts in championing and upholding sustainable practices

• Made measurable progress in ambition to become top-tier Asia Green Industrial REIT

  Singapore, 30 May 2016  Cambridge Industrial Trust Management Limited ("CITM"), the Manager ("Manager") of Cambridge Industrial Trust ("CIT"), is proud to announce that CIT will be included as a constituent of the first SGX Sustainability Leaders Index (Flagship Index). CIT is one of only 24 SGX-listed companies to be included in the Flagship Index.

  The SGX Sustainability Indices, which consist of the Broad-based Sustainability Indices and Sustainability Leaders Index, are comprised of SGX-listed companies that meet the minimum sustainability reporting requirements and are independently researched and analysed across Environmental, Social and Governance factors by Sustainalytics, a global leader in Sustainability analysis. The SGX Sustainability Leaders Index is a free-float market capitalization-weighted index that measures the performance of best-in-class sustainability leaders listed in Singapore, who rank above the 50th percentile for the Asia-Pacific Peer Group and above the 25th percentile within the Global Peer Group with respect to their ESG scores.

  Mr Philip Levinson, Chief Executive Officer of CITM, commented, "We are greatly honoured to be part of the pioneer batch of companies included in the SGX Sustainability Leaders Index (Flagship Index). Constituents within this index are considered best-in-class in sustainability. This is a strong testament to the progress made by the Trust and the ongoing efforts of the CIT team in championing and upholding sustainable business practices."

  Having already embraced the solar leasing model in nine of its properties, CIT has won two of the prestigious Solar Pioneer Awards by the Singapore Economic Development Board (in 2012, 2014) for its efforts in promoting clean energy, and expects to eventually install solar panels on every suitable property in its portfolio where it makes commercial sense.

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  In addition, CIT is one of the first Singapore REITs to adopt sustainability reporting. In April 2016 it released its inaugural Sustainability Report 2015, which allows it to identify and address business and environmental risks and opportunities in a timely manner, as well as share that information with its stakeholders.

  Mr Levinson added, "There is still a lot of work ahead of us and the team remains committed to our goal of becoming one of Asia's Greenest Industrial REITs. We will continue to find ways to improve efficiency for our tenants, operate in a sustainable and environmentally-responsible manner, and ultimately deliver exceptional business, social, and financial value to all stakeholders."

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  For analyst enquiries, please contact:

  Cambridge Industrial Trust Management Limited

  Elena Arabadjieva

  Head of Investor Relations and Corporate Communications Tel: +65 6827 9363

  elena.arabadjieva@cambridgeitm.com

  For media enquiries, please contact:

  Tulchan Communications

  Jean Zhuang

  Tel: +65 6222 3765

  CIT@tulchangroup.com

  About Cambridge Industrial Trust

  Cambridge Industrial Trust ("CIT"), publicly listed on the Singapore Exchange Securities Trading Limited since 25 July 2006, is Singapore's first independent industrial real estate investment trust ("REIT").

  CIT invests in quality income-producing industrial properties and has a diversified portfolio of 51 properties located across Singapore, with a total gross floor area of approximately 8.5 million sq ft and a property value of S$1.42 billion as at 31 March 2016. The properties range from logistics, warehousing, light industrial, general industrial, a car showroom and a workshop to a business park, and are located close to major transportation hubs and key industrial zones island-wide.

  The Manager's objective is to provide Unitholders with a stable and secure income stream through the successful implementation of the following strategies:

• Acquisition of value-enhancing properties;

• Pro-active asset management;

• Divestment of non-core properties; and

• Prudent capital and risk management.

  Cambridge Industrial Trust Management Limited, the Manager of CIT, is indirectly owned by three stakeholders, namely, National Australia Bank Group ("NAB") (56 %), Oxley Group (24 %) and Mitsui & Co., Ltd ("Mitsui") (20 %):

• NAB, one of Australia's four largest banks, is an international financial services group that provides a comprehensive and integrated range of financial products and services;

• Oxley Group is an innovative private investment house specialising in real estate and private equity investments across Asia-Pacific; and

• Mitsui is one of the largest corporate conglomerates in Japan and listed on the Tokyo Stock Exchange. It is one of the largest publicly traded companies in the world. Mitsui also developed the Japan Logistics Fund Inc., a publicly listed REIT in Japan dedicated to investing in distribution facilities.

For further information on CIT, please visit http://www.cambridgeindustrialtrust.com

Important Notice

The value of units in CIT ("Units") and the income derived from them may fall as well as rise. Units are not investments or deposits in, liabilities or obligations of, Cambridge Industrial Trust Management Limited ("Manager"), RBC Investor Services Trust Singapore Limited (in its capacity as trustee of CIT) ("Trustee"), or any of their respective related corporations and affiliates (including but not limited to National Australia Bank Limited, nablnvest Capital Partners Pty Limited, or other members of the National Australia Bank group) and their affiliates (individually and collectively "Affiliates"). An investment in Units is subject to equity investment risk, including the possible delays in repayment and loss of income or the principal amount invested. Neither CIT, the Manager, the Trustee nor any of the Affiliates guarantees the repayment of any principal amount invested, the performance of CIT, any particular rate of return from investing in CIT, or any taxation consequences of an investment in CIT. Any indication of CIT performance returns is historical and cannot be relied on as an indicator of future performance.

Investors have no right to request that the Manager redeem or purchase their Units while the Units are listed. It is intended that investors may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (the "SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

This release may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of occupancy or property rental income, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in amounts and on terms necessary to support future CIT business. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's current view of future events.

This release is for informational purposes only and does not have regard to your specific investment objectives, financial situation or your particular needs. Any information contained in this release is not to be construed as investment or financial advice, and does not constitute an offer or an invitation to invest in CIT or any investment or product of or to subscribe to any services offered by the Manager, the Trustee or any of the Affiliates.