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 WHOLLY-OWNED SUBSIDIARIES AND ASSOCIATED COMPANY

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

A. Formation of indirect wholly-owned subsidiaries

1. GLP Investment Management Pte. Ltd., a wholly-owned subsidiary of the Company, has formed direct and indirect wholly-owned subsidiaries. Information relating to the direct and indirect wholly- owned subsidiaries are as follows:

Direct wholly-owned subsidiary

Name of company : GLP US Management Holdings LLC Place of formation : State of Delaware, USA
Principal activities : Investment holding

Indirect wholly-owned subsidiary

Name of company : GLP US Management LLC Place of formation : State of Delaware, USA
Principal activities : Provision of property management and real estate services

B. Incorporation of an indirect associated company

1. CLH 11 (HK) Limited, an indirect subsidiary of the Company, has incorporated a 20%-owned associated company known as GLP Yiwu Logistics Facilities Co., Ltd. ("GLP Yiwu"). Information relating to GLP Yiwu is as follows:
Name of company : GLP Yiwu Logistics Facilities Co., Ltd. Country of Incorporation : China
Registered Capital : USD33,000,000
Principal activities : Provision of distribution facilities and services

C. Incorporation of a new indirect subsidiary

1. CLH 21 (HK) Limited, an indirect subsidiary of the Company, has incorporated a 90%-owned subsidiary known as Zhengzhou Puchuan Logistics Base Co., Ltd. ("Zhengzhou Puchuan"). Information relating to Zhengzhou Puchuan is as follows:
Name of company : Zhengzhou Puchuan Logistics Base Co., Ltd. Country of Incorporation : China
Registered Capital : RMB50,000,000
Principal activities : Provision of distribution facilities and services
By Order of the Board of

GLOBAL LOGISTIC PROPERTIES LIMITED

Fang Xie, Heather
Chief Financial Officer
17 December 2014

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