(a real estate investment trust constituted on 5 June 2006 under the laws of the Republic of Singapore)

Sponsored by Frasers Centrepoint Limited

Payment of Management Fees By Way of Units in Frasers Centrepoint Trust

Frasers Centrepoint Asset Management Ltd. (the "Company"), as the Manager of Frasers

Centrepoint Trust ("FCT"), announces that the Company has on 24 April 2014 received 345,392

Units in FCT issued at a price of S$1.7605 per Unit (the "Issue Price") in payment of 20% of its management fees for the period from 1 January 2014 to 31 March 2014 (the "Relevant Period").

The payment of the Company's management fees in the form of Units is provided for in the trust deed constituting FCT dated 5 June 2006 (as amended). The Issue Price is the volume weighted average price of the Units traded on the Singapore Exchange Securities Trading Limited for the last ten business days of the Relevant Period.

With the above issue of Units, the Company holds an aggregate of 25,770,343 Units and the total numbers of Units in issue is 825,400,343.

Frasers Centrepoint Asset Management Ltd. (Company registration no. 200601347G)

(as Manager of Frasers Centrepoint Trust)

Anthony Cheong Fook Seng

Company Secretary

24 April 2014

Important Notice

This announcement may contain forward-looking statements that involve 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 development s, shifts in expected levels of property rental income, changes in operating expenses (including employee wages, benefits and training costs), property expenses, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business.
Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's
current view on future events.
The value of Units and the income derived from them, if any, may fall or rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.
Investors should note that they have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
This announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe fo r the Units. The past performance of FCT and the Manager is not necessarily indicative of the future performance of FCT an d the Manager.

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