NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA OR JAPAN

GLOBAL LOGISTIC PROPERTIES LIMITED

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

NOTIFICATION ON INDIRECT SUBSIDIARIES

Global Logistic Properties Limited (the "Company") wishes to announce the following:-

A. Incorporation of a new indirect subsidiary

1. CLF Investment Holding (Shanghai) Co., Ltd., an indirect subsidiary of the Company, has incorporated a wholly-owned subsidiary known as GLP Cixi Logistics Facilities Co., Ltd. ("GLP Cixi"). Information relating to GLP Cixi is as follows:
Name of company : GLP Cixi Logistics Facilities Co., Ltd. Country of Incorporation : China
Registered Capital : RMB111,300,000
Principal activities : Provision of distribution facilities and services

B. Striking off of an indirect subsidiary

1. CLH (117) Pte. Ltd., an indirect subsidiary of the Company, has been struck off from the Register of Companies pursuant to Section 344(4) of the Companies Act, Cap. 50.
The striking off of the above subsidiary is not expected to have any material impact on the net tangible assets or earnings per share of the Company for the financial year ending 31 March 2015.

By Order of the Board of

GLOBAL LOGISTIC PROPERTIES LIMITED

Fang Xie, Heather

Chief Financial Officer

2 March 2015

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