GLOBAL LOGISTIC PROPERTIES LIMITED

(Registration No. 200715832Z) (Incorporated in Singapore on August 28, 2007)

SALE OF PROPERTY TO GLP J-REIT - COMPLETION

Global Logistic Properties Limited ("GLP") refers to its announcement dated 24 April 2015 entitled "GLP Japan Development Venture to Sell Greater Osaka Asset to GLP J-REIT" (the "Announcement"), and is pleased to announce that GLP has today completed the sale of GLP Kobe- Nishi to GLP J-REIT for JPY7.15 billion (US$60 million1) described in the Announcement.
By Order of the Board of

GLOBAL LOGISTIC PROPERTIES LIMITED

Fang Xie, Heather
Chief Financial Officer
1 May 2015

1 Based on the exchange rate of USD1 = JPY118.99 as of 30 April 2015.

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