The Singapore Exchange Securities Trading Limited, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CAPITAMALLS ASIA LIMITED

凱德商用產業有限公司*

(Singapore Company Registration Number: 200413169H) (Incorporated in the Republic of Singapore with limited liability) (Hong Kong Stock Code: 6813) (Singapore Stock Code: JS8)

ANNOUNCEMENT

COMPULSORY ACQUISITION PURSUANT TO SECTION 215(1) OF THE COMPANIES ACT AND DELISTING OF THE COMPANY

The Board of Directors ("Board") of CapitaMalls Asia Limited ("Company") wishes to draw the attention of the shareholders of the Company ("Shareholders") to the attached announcement ("Relevant Announcement") issued on 17 July 2014 by CapitaLand Limited ("CapitaLand") in which it was announced, inter alia, that Sound Investment Holdings Pte. Ltd. ("Offeror"), a wholly-owned subsidiary of CapitaLand, has exercised its right of compulsory acquisition pursuant to Section 215(1) of the Companies Act.
As stated in the Relevant Announcement, following the compulsory acquisition, CMA will become a wholly-owned subsidiary of CapitaLand. CMA will be delisted from the Singapore Exchange Securities Trading Limited and The Stock Exchange of Hong
Kong Limited with effect from 9.00 a.m. on 22 July 2014, Tuesday.

* For identification purposes only

BY ORDER OF THE BOARD CapitaMalls Asia Limited Choo Wei-Pin
Company Secretary
Singapore, 17 July 2014
As at the date of this announcement, the board of directors of the Company comprises Mr Ng Kee Choe (Chairman and non-executive director); Mr Lim Beng Chee as executive director; Mr Lim Ming Yan, and Mr Lim Tse Ghow Olivier as non-executive directors; and Mr Sunil Tissa Amarasuriya, Tan Sri Amirsham A Aziz, Dr Loo Choon Yong, Mrs Arfat Pannir Selvam, Mr Bob Tan Beng Hai and Professor Tan Kong Yam as independent non-executive directors.
This announcement is issued pursuant to Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.

CAPITALAND LIMITED

Regn No.: 198900036N (Incorporated in the Republic of Singapore)

ANNOUNCEMENT

COMPULSORY ACQUISITION PURSUANT TO SECTION 215(1) OF THE COMPANIES ACT

1. Introduction

Reference is made to:

(i) the voluntary cash offer ("Offer") by Sound Investment Holdings Pte. Ltd. ("Offeror"), a wholly-owned subsidiary of CapitaLand Limited ("CapitaLand"), for all the remaining ordinary shares ("Shares") in the capital of CapitaMalls Asia Limited ("CMA") not held by CapitaLand, announced on 14 April 2014, revised on 16 May 2014 and which closed at

5.30 p.m. (Singapore time) on 9 June 2014; and

(ii) the announcement dated 16 June 2014 issued by CapitaLand in relation to the despatch of notices pursuant to Sections 215(1) and 215(3) of the Companies Act.

2. Compulsory Acquisition pursuant to Section 215(1) of the Companies Act

2.1 CapitaLand wishes to announce that the Offeror has, today, exercised its right of compulsory acquisition of all the Shares held by the remaining shareholders who have not accepted the Offer as at the close of the Offer ("Remaining Shareholders"). The Offeror has paid to CMA a sum representing the aggregate amount payable for the Shares to be acquired from the Remaining Shareholders ("Consideration").

2.2 The Consideration has been credited into separate bank accounts of CMA and is being held on trust by CMA for the Remaining Shareholders pursuant to Section 215(5) of the Companies Act. CMA will, as soon as practicable:

(i) cause all the Shares held by the Remaining Shareholders to be transferred to the Offeror and will register the Offeror as the holder of such Shares; and

(ii) arrange for the Consideration to be remitted to the Remaining Shareholders.

3. Delisting of CMA

Following the compulsory acquisition, CMA will become a wholly-owned subsidiary of CapitaLand. CMA will be delisted from the Singapore Exchange Securities Trading Limited and The Stock Exchange of Hong Kong Limited with effect from 9.00 a.m. on 22 July 2014, Tuesday.

By Order of the Board

Michelle Koh

Company Secretary

17 July 2014

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