SABANA REIT 3Q 2013 GROSS REVENUE INCREASE 6.3% Y O Y, CONTINUES TO GROW VIA ACQUISITION

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1 SABANA SHARI AH COMPLIANT INDUSTRIAL REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 29 October 2010 under the laws of the Republic of Singapore) SABANA REIT 3Q 2013 GROSS REVENUE INCREASE 6.3% Y O Y, CONTINUES TO GROW VIA ACQUISITION Gross revenue in 3Q 2013 grew by 6.3% year on year ( y o y ) to S$21.6 million, compared to S$20.3 million in 3Q Acquisition of 508 Chai Chee Lane brings total number of properties from 21 to 22; total asset size is over S$1.2 billion. Sabana REIT to directly manage four expiring leases from 25 November Awarded Most Outstanding Islamic Real Estate Product by 10 th Kuala Lumpur Islamic Finance Forum. Financial Highlights (S$ 000) 3Q Q 2012 Variance (%) Gross revenue 21,598 20, Net property income ( NPI ) 19,998 19, Income available for distribution 15,552 15, Distribution per Unit ( DPU ) (cents) Annualised DPU (cents) Annualised distribution yield % 8.54% 1.5 Singapore, 17 October 2013 Sabana Shari ah Compliant Industrial Real Estate Investment Trust ( Sabana REIT or the Trust ) continued to register y o y growth in 3Q 2013, with gross revenue at S$21.6 million, a 6.3% increase from a year ago. Net property income increased by 4.6%, to S$20.0 million, compared to S$19.1 million in 3Q For 3Q 2013, Sabana REIT s distributable income was S$15.6 million. That corresponded to a DPU of 2.38 cents in 3Q 2013, 1.7% higher than that of 3Q 2012 and largely comparable to the previous quarter. This was despite a larger Unit base of million Units in issue and to be issued as at 30 September Chief Executive Officer and Executive Director of Sabana Real Estate Investment Management Pte. Ltd., the Manager of Sabana REIT, Mr Kevin Xayaraj said, We are pleased with Sabana REIT s consistent performance. We aim to maintain a stable cashflow for Unitholders through prudent capital management and taking an active approach in managing our assets. Sabana REIT continues to grow via acquisition On 26 September 2013, the Trust announced the completion of its acquisition of 508 Chai Chee Lane. The newly acquired property is a seven storey high tech industrial building with two basement storeys. It is strategically located next to the Pan Island Expressway and is close to the Bedok and 1 Based on 649,704,185 issued Units as at 23 September 2013 which are entitled to the Advanced Distribution of 2.20 cents per Unit and 690,774,855 Units in issue and to be issued as at 30 September 2013 which are entitled to the DPU of 0.18 cents from 24 September 2013 to 30 September Based on the last traded price of S$1.090 per unit as at 16 October 2013.

2 Kembangan MRT stations along the East West MRT line, thereby, further strengthening Sabana REIT s presence in the Eastern part of Singapore. The total cost of the property was S$68.2 million. Commenting on the latest acquisition, Mr Kevin Xayaraj said, We are pleased with our purchase of 508 Chai Chee Lane. Not only does the property have an excellent location and quality building specifications, we have also signed a ten year leaseback agreement with the vendor, multinational semiconductor company Advanced Micro Devices (Singapore) Pte Ltd, for approximately 50% of the total rentable area. This will provide the initial income stream, as well as potential access to increasing market rentals for balance of space leased to third party tenants. The acquisition of 508 Chai Chee Lane was financed with a combination of debt and equity, with the equity portion raised through a S$40.0 million private share placement. As at 30 September 2013, Sabana REIT s portfolio had 22 properties, with total asset value of S$1.2 billion across four main industrial property segments of high tech industrial, chemical warehouse and logistics, warehouse and logistics, as well as general industrial. With the addition of 508 Chai Chee Lane, Sabana REIT s weighted average leasehold for underlying land in terms of gross floor area increased from 38.8 years in 2Q 2013 to 39.2 years in 3Q Update on the five master leases expiring on 25 November 2013 On 25 November 2013, the three year master leases (signed at the time of Sabana REIT s listing) for 151 Lorong Chuan, 8 Commonwealth Lane, 200 Pandan Loop, 3 Kallang Way 2A and 123 Genting Lane will expire. At the time of listing, these five master leases contributed close to 60% of the gross revenue of Sabana REIT s portfolio a. As Sabana REIT s portfolio continued to expand, this concentration has been reduced to 44.7% of Sabana REIT s gross revenue. The following is the breakdown of the gross revenue contributions from the five expiring master leases: Contribution to Sabana REIT s Name of property gross revenue a as at 30 September Lorong Chuan, New Tech Park, Singapore % 8 Commonwealth Lane, Singapore % 200 Pandan Loop, Pantech 21, Singapore % 123 Genting Lane, Yenom Industrial Building, Singapore % 3 Kallang Way 2A, Fong Tat Building, Singapore % a Excludes 9 Tai Seng Drive and 508 Chai Chee Lane which are not on master lease. Since the Trust s listing, the Manager has been working with the master tenants to fill up available sub tenant space or negotiate sub tenancy renewals in preparation for the possibilities of converting some master tenanted properties to multi tenanted ones. So far, the Manager has successfully secured 97 lease transactions (renewal and new tenants) spread across the entire portfolio. The Manager is in the process of renewing one master lease and is confident about successfully taking over the direct management of the four other properties.

3 New accolade Sabana REIT was conferred Most Outstanding Islamic Real Estate Product at the 10 th Kuala Lumpur Islamic Finance Forum held in late September. The prestigious accolade was awarded to Sabana REIT in recognition of the successful issuance of an S$80 million convertible sukuk the first in the world that is convertible into units of a real estate investment trust. The award was presented to Sabana REIT by Y.B Dato Sri Abd Wahid Omar, Minister of Malaysian Prime Minister s Department. Outlook According to advance estimates released by the Ministry of Trade & Industry ( MTI ), the Singapore economy grew by 5.1% on a y o y basis in 3Q 2013, compared to 4.2% in the previous quarter. The growth was mainly supported by the transport engineering and electronics clusters. 3 In August 2013, MTI upgraded Singapore s 2013 GDP growth forecast from 1.0% to 3.0%, to 2.5% to 3.5%. 4 DTZ reported that amid uncertainty in the manufacturing economy, rents across industrial space remained stable in 3Q 2013 and capital values registered zero growth. 5 Colliers International is of the view that industrial rents to remain flat for prime conventional industrial premises for the rest of 2013, with marginal upside for high specs space and business park space. 6 Despite the subdued outlook for the global economy and the Singapore industrial property market, the Manager remains positive about the Trust s performance. Donation of non Shari ah compliant income In 3Q 2013, Sabana REIT recorded a non Shari ah compliant income of S$28,754, that was equivalent to less than 0.2% of the quarter s gross revenue. Sabana REIT will be offering the full sum of this non Shari ah income to the Save Neira Ng project, dedicated to helping Ng Wei Qi, Neira ( Neira Ng ), a four month old baby girl suffering from two brain tumours. The amount will go towards helping Neira Ng s family with the high operation and medical costs and will be directed to KK Women s and Children s Hospital where the baby is recuperating from her second operation that has successfully removed the first brain tumour. Distributions to Unitholders In relation to the issuances of new Units as a result of the S$40.0 million private placement exercise in September, Unitholders can expect to receive their advanced distributions of 2.20 cents per Unit 3 Singapore s GDP Grew 5.1 Per Cent in the Third Quarter of Ministry of Trade and Industry. 14 October Web. 14 October GDP Growth Forecast Upgraded to 2.5 to 3.5 Per Cent. Ministry of Trade and Industry. 12 August Web. 7 October Industrial capital values static as rents continue to hold firm. DTZ. 30 September Web. 8 October Q 2013 Industrial Market. Colliers International. Web. 8 October 2013.

4 for the period 1 July 2013 to 23 September 2013 on 31 October 2013, if they are registered with the CDP on 23 September 2013 and the distributions of 0.18 cents per Unit for the period 24 September 2013 to 30 September 2013 on 27 November 2013, if they are registered with the CDP on 25 October The closure of Sabana REIT s transfer books and register of Unitholders for the distribution for the period 24 September 2013 to 30 September 2013 will take place at 5pm on 25 October For enquiries, please contact: === END === Sabana Real Estate Investment Management Pte. Ltd. Bobby Tay Chiew Sheng Chief Strategy Officer & Head of Investor Relations DID: bobby.tay@sabana.com.sg Grace Chen Manager, Investor Relations DID: grace.chen@sabana.com.sg

5 ABOUT SABANA REIT Sabana REIT was listed on Singapore Exchange Securities Trading Limited on 26 November It was established principally to invest in income producing real estate used for industrial purposes, as well as real estate related assets, in line with Shari ah investment principles. Sabana REIT currently has a diversified portfolio of 22 quality properties in Singapore, in the high tech industrial, warehouse and logistics, chemical warehouse and logistics, as well as general industrial sectors. As at 30 September 2013, its total assets amount to approximately S$1.2 billion. Sabana REIT is listed in several indices within the Morgan Stanley Capital International, Inc (MSCI) Index, the Global Property Research (GPR) index, FTSE index and S&P Dow Jones Indices. Sabana REIT is assigned a BBB long term corporate credit rating with a stable outlook by Standard & Poor s Rating Services. Sabana REIT is managed by Sabana Real Estate Investment Management Pte. Ltd., (in its capacity as the Manager of Sabana REIT) in accordance with the terms of the trust deed dated 29 October 2010 (as amended). Sabana REIT is a real estate investment trust constituted on 29 October 2010 under the laws of Singapore. For further information on Sabana REIT, please visit reit.com. Important Notice This announcement is for information only and does not constitute an offer, invitation or solicitation of securities in Singapore or any other jurisdiction nor should it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. The value of Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager, HSBC Institutional Trust Services (Singapore) Limited, as trustee of Sabana REIT, Freight Links Express Holdings Limited, the Joint Bookrunners or any of their respective affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Manager redeem or purchase their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on the SGX ST. Listing of the Units on the SGX ST does not guarantee a liquid market for the Units. This announcement is not an offer or sale of any Units in the United States. No Units have been or will be registered under the United States Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States absent registration except pursuant to an exemption from, or in a transaction not subject to, registration under the Securities Act. This announcement is not to be distributed or circulated outside of Singapore. Any failure to comply with this restriction may constitute a violation of United States securities laws or the laws of any other jurisdiction.