Keppel Land : Results of Extraordinary General Meeting

Blank

KEPPEL LAND LIMITED

(Incorporated in Singapore) (Company Registration No. 189000001G)

RESULTS OF EXTRAORDINARY GENERAL MEETING

1. INTRODUCTION

   
   

   The Board of Directors (the "Board") of Keppel Land Limited (the "Company") is pleased to announce that at the Extraordinary General Meeting ("EGM") of the Company held at 5.00 p.m. on 13 April 2016, the special resolution set out in the Notice of EGM dated 22 March 2016 (the "Special Resolution") was voted on by way of a poll and was duly approved and passed.

   
   

   Unless otherwise defined, all capitalised terms used herein shall bear the same meanings ascribed to them in the circular to shareholders of the Company dated 22 March 2016.

   
   

2. BREAKDOWN OF ALL VALID VOTES CAST AT THE EGM

   
   

   The poll results in respect of the votes cast on the Special Resolution passed at the EGM are set out below:

   
   

   Special Resolution	Total number of Shares represented by votes for and against the Special Resolution	For		Against
   		Number of Shares	As a percentage of total number of votes for and against the Special Resolution (%)(1)	Number of Shares	As a percentage of total number of votes for and against the Special Resolution (%)(1)
   Approval for the proposed selective capital reduction of the issued share capital of the Company from S$2,408,649,022.59 comprising 1,546,881,101 ordinary shares to S$2,360,737,590.75 comprising 1,535,581,235 ordinary shares	5,225,975	4,541,430	86.90	684,545	13.10

   
   

   1 Any discrepancies in the figures included in this announcement between the listed amounts and the totals thereof are due to rounding. Accordingly, figures shown as totals in this announcement may not be an arithmetic aggregation of the figures that precede them.

3. COURT APPROVAL

   
   

   Following the passing of the Special Resolution approving the Selective Capital Reduction, the Company will proceed to seek the approval and confirmation by the Court of the Selective Capital Reduction.

   
   

   The Selective Capital Reduction will take effect upon the lodgement of a copy of the Court Order, together with other documents as prescribed under the Companies Act, with the Registrar within 90 days beginning with the date the Court Order is made, or within such longer period as the Registrar may allow (the "Effective Date").

   
   

4. SETTLEMENT OF CASH DISTRIBUTION

   
   

   Participating Shareholders who hold Shares registered in their own names in the Register of Members as at the Books Closure Date will be entitled to receive S$4.24 for each Share registered in their respective names as at the Books Closure Date within seven (7) Business Days of the Effective Date.

   
   

5. RESPONSIBILITY STATEMENT

The directors of the Company (including those who have delegated detailed supervision of the preparation of this announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this announcement are fair and accurate and that no material facts have been omitted from this announcement, and they jointly and severally accept responsibility accordingly.

Where any information in this announcement has been extracted or reproduced from published or otherwise publicly available sources, the sole responsibility of the directors of the Company has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in this announcement.

BY ORDER OF THE BOARD OF

KEPPEL LAND LIMITED

Marc Tan

Company Secretary

Singapore 13 April 2016