CapitaLand : CL: Announcement on resignation of Mr Lim Beng Chee as CEO of CapitaMalls Asia

lssuer/ Manager

CAP TALAND L M TED

Securities

CAP TALAND L M TED - SG1J27887962 - C31

Stapled Security

No

Announcement Title

Change - Announcement of Cessation

Date & Time of Broadcast

01-Sep-2014 07:33:25

Status

New

Announcement Sub Title

Cessation of service as Chief Executive Officer of CapitaMalls Asia Limited

Announcement Reference

SG140901OTHRUL4S

Submitted By (Co./ lnd. Name)

Michelle Koh

Designation

Company Secretary

Description (Please provide a detailed

description of the event in the box below)

Cessation of service as Chief Executive Officer of CapitaMalls Asia Limited

Name Of Person

Lim Beng Chee

Age

46

ls effective date of cessation known?

Yes

lf yes, please provide the date

15/09/2014

Detailed Reason (s) for cessation

Mr Lim has informed the Company that he has decided to take a break after having worked for 15 years with the CapitaLand Group. He has tendered his resignation and the Company has accepted his resignation with his last day of service being no later than 31 December 2014. He will facilitate transition to the new leadership until his last day of service.

Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?

No

ls there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?

No

Any other relevant information to be provided to shareholders of the listed issuer?

No

Date of Appointment to current position

01/11/2008

Does the AC have a minimum of 3 members (taking into account this cessation)?

Yes

Number of lndependent Directors currently resident in Singapore (taking into account this cessation)

7

Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months

3

Job Title (e.g. Lead lD, AC Chairman, AC Member etc.)

Chief Executive Officer, CapitaMalls Asia Limited

Role and responsibilities

He is responsible for the business of CapitaMalls Asia Limited.

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries

No

Shareholding interest in the listed issuer

and its subsidiaries?

Yes

Shareholding Details

CapitaLand Limited - 720,703 shares

Past (for the last 5 years)

Please see Appendix A

Present

Please see Appendix B