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)

INCORPORATION OF AN INDIRECT SUBSIDIARY

Global Logistic Properties Limited (the "Company") wishes to announce that GLP Brasil Empreendimentos e Participações Ltda., an indirect wholly-owned subsidiary of the Company, has incorporated a subsidiary known as GLP A Participações Ltda. Information relating to GLP A Participações Ltda. is as follows:
Name of company : GLP A Participações Ltda. Country of Incorporation : Brazil
Paid-up capital : R$1,000
Principal activities : Investment holding
By Order of the Board of

GLOBAL LOGISTIC PROPERTIES LIMITED

Fang Xie, Heather
Chief Financial Officer
25 September 2014

1

distributed by