(Constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2008 (as amended))

RESPONSE TO SGX'S QUERY IN RELATION TO CAMBRIDGE INDUSTRIAL TRUST ("CIT") SECOND QUARTER FINANCIAL STATEMENT FOR THE PERIOD ENDED 30 JUNE 2016

Cambridge Industrial Trust Management Limited, as manager of Cambridge Industrial Trust ("CIT" and the manager of CIT, the "Manager"), wishes to announce that it has received the following query from Singapore Exchange Securities Trading Limited (the "SGX-ST") on 2 September 2016 in relation to CIT's "Financial Statement Announcement For The Quarter Ended 30 June 2016" issued on 22 July 2016 (the "CIT 2Q Results Announcement").

Query from the SGX-ST

"Appendix 7.2, Paragraph 15, Rule 702(1) of the Listing Manual states that:

"Confirmation that the issuer has procured undertakings from all its directors and executive officers (in the format set out in Appendix 7.7) under Rule 720(1)."

Please disclose whether the issuer has procured undertakings from all its directors and executive officers (in the format set out in Appendix 7.7) under Rule 720(1)."

M anager' s Response

Under recent amendments of the listing rules of the SGX-ST, the Manager is required to obtain undertakings to comply with the listing rules from its directors and executive officers by 30 April 2016 and provide a confirmation that it has procured these undertakings in the financial results announcements of CIT released after 30 April 2016. The Manager wishes to confirm that it has complied with the requirement to obtain these undertakings by 30 April 2016 but had inadvertently omitted to state that it has done so in its first financial statement issued after 30 April 2016, being the CIT 2Q Results Announcement.

The following should have been inserted at page 26 of the CIT 2Q Results Announcement just before the section "Confirmation by the Board Pursuant to Rule 705(5) of the Listing Manual":

"14 CONFIRMATION PURSUANT TO RULE 720(1) OF THE LISTING MANUAL

The Manager confirms that it has procured undertakings from all its directors and executive officers (in the format set out in Appendix 7.7) pursuant to Rule 720(1) of the Listing Manual."

There is no change in the contents of the CIT 2Q Results Announcement save for the aforementioned disclosure.

BY ORDER OF THE BOARD

Cambridge Industrial Trust Management Limited As Manager of Cambridge Industrial Trust

(Company Registration No. 200512804G, Capital Markets Services Licence No. 100132-2)

Philip Levinson

Chief Executive Officer and Executive Director 3 September 2016

For further 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

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 30 June 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.

Cambridge Industrial Trust published this content on 03 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 September 2016 13:31:04 UTC.

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