Notice Concerning Short-term and Long-term Borrowings Interest Rate

For Immediate Release

July 17, 2012

6-8-7 Ginza, Chuo-ku, Tokyo Frontier Real Estate Investment Corporation Hirohiko Kamei, Executive Director (Securities Code : 8964)

Asset Management Company: Mitsui Fudosan Frontier REIT Management Inc.

Hiroshi Tanaka

Chief Executive Officer and Representative Director

Inquiries: Mitsui Fudosan Frontier REIT Management Inc.

Tatsu Makino

Vice President, Finance Division and Director

Tel: +81-3-3289-0440

Notice Concerning Short-term and Long-term Borrowings Interest Rate

Frontier Real Estate Investment Corporation today announced the interest rates applicable to the following short-term and long-term borrowings.

Lenders	Drawdown amount	Interest rate	Drawdown date	Maturity date
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