fa9862e8-20ca-49e0-9e05-bde681facf6f.pdf CAPITALAND RETAIL CHINA TRUST

(Constituted in the Republic of Singapore pursuant to a trust deed dated 23 October 2006 (as amended))

ANNOUNCEMENT PAYMENT OF DIRECTORS' FEES BY WAY OF UNITS IN CAPITALAND RETAIL CHINA TRUST

CapitaLand Retail China Trust Management Limited (the "Manager"), as manager of CapitaLand Retail China Trust ("CRCT"), wishes to announce that it has transferred 50,439 units in CRCT ("Units") from its unitholding to the non-executive directors of the Manager as part payment of directors' fees1 for the financial year ended 31 December 2015.

Prior to the transfer, the Manager held an aggregate of 38,636,388 Units, which constitute approximately 4.52% of the total Units in issue. Following the above transfer, the Manager's unitholding is reduced to an aggregate of 38,585,949 Units, which constitutes approximately 4.51% of the total Units in issue.

BY ORDER OF THE BOARD

CapitaLand Retail China Trust Management Limited (Registration Number: 200611176D)

As manager of CapitaLand Retail China Trust

Lee Ju Lin, Audrey Company Secretary 3 May 2016

Important Notice

The value of units in CapitaLand Retail China Trust ("Units") and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by CapitaLand Retail China Trust Management Limited (the "Manager"), as manager of CapitaLand Retail China Trust, or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors have no right to request the Manager to redeem their Units while the Units are listed. Listing of the Units on the SGX- ST does not guarantee a liquid market for the Units.

The past performance of CapitaLand Retail China Trust is not necessarily indicative of the future performance of CapitaLand Retail China Trust.

1

Non-executive directors (save for directors who are employees of CapitaLand Limited) receive up to 20% of director's fees

in Units (subject to truncation adjustments). The remainder of the directors' fees is paid in cash. The Chief Executive Officer as an executive director does not receive any director's fees.

CapitaRetail China Trust issued this content on 03 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 May 2016 09:43:03 UTC. Original document available at http://crct.listedcompany.com/newsroom/20160503_171846_AU8U_PQYAO3B356922XNX.1.pdf