Keppel Land : Unaudited Results for the Quarter Ended 31 March 2014

The Directors of Keppel Land Limited advise the following results of the Company and of the Group for the quarter ended 31 March 2014.

The figures have not been audited.

Overseas earnings up on stronger China contribution

• Revenue and pre-tax profit grew 37.6% and 20.6% respectively year-on-year mainly on higher contribution from China
• Net profit was 9.2% lower at $87.7 million due to the absence of a tax writeback
• Overseas profit rose 63.8% to $26.7 million on stronger contribution from China
• Contribution from property investment and fund management increased 8.9% and 14.9% respectively

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