SINGAPORE PRESS HOLDINGS LIMITED

(Co. Regn. No. 198402868E)

GRANT OF AWARD OF SHARES PURSUANT TO SPH PERFORMANCE SHARE PLAN

In accordance with Rule 704(29) of the Listing Manual, Singapore Press Holdings Limited (the "Company") hereby announces the details of the grant of awards ("Awards") of ordinary shares in the capital of the Company ("Shares") pursuant to the SPH Performance
Share Plan ("Plan") as follows:

a

Date of grant of Awards under the Plan

12 January 2015

b

Number of shares which are the subject of the

Awards granted under the Plan*

1,844,252

c

Market price of shares on the date of grant

$4.13

d

Number of Awards granted to each director and controlling shareholder (and each of their associates), if any*

280,000* Awards granted to

Mr Chan Heng Loon Alan

e

Validity Period of the Awards

Release of Awards from 12

January 2017 to 12 January

2019

* Note: Based on 100% of grant. The shares awarded at the vesting date could range from
0% to 150%, depending on the level of achievement against the pre-set performance conditions.
Singapore,
12 January 2015

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