Notice of Valuation of Real Assets::ASSET VALUATION

Issuer & Securities

Announcement Title: Notice of Valuation of Real Assets
Date &Time of Broadcast: 05-Feb-2018 18:50:02
Status: New
Announcement Sub Title: ASSET VALUATION
Announcement Reference: SG180205OTHR227R
Submitted By (Co./ Ind. Name): Alvin Cheng
Designation: Executive Director & CEO
Description (Please provide a detailed description of the event in the box below): Please refer to the file attached.

Sponsor's Statement:
DBS Bank Ltd. was the sole financial adviser, global coordinator and issue manager for the initial public offering of EC World REIT. DBS Bank Ltd., Bank of China Limited, Singapore Branch, China International Capital Corporation (Singapore) Pte. Limited and Maybank Kim Eng Securities Pte. Ltd. were the joint bookrunners and underwriters for the initial public offering of EC World REIT.

Valuation of Reports available for inspection at address during office hours: 8 Shenton Way, #37-03 AXA Tower, Singapore 068811
Reports available till date: 04/05/2018

Total size =44K

Date of Valuation	Name of the Valuer	Description of Property	Valuation Currency	Valuation Amount
31/12/2017	Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch	Chongxian Port Investment	Yuan Renminbi	2,218,000,000
31/12/2017	Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch	Chongxian Port Logistics	Yuan Renminbi	854,000,000
31/12/2017	Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch	Fu Zhuo Industrial	Yuan Renminbi	114,000,000
31/12/2017	Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch	The Stage 1 Properties of Bei Gang Logistics	Yuan Renminbi	1,296,000,000
31/12/2017	Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch	Fu Heng Warehouse	Yuan Renminbi	577,000,000
31/12/2017	Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch	Hengde Logistics	Yuan Renminbi	1,463,000,000