Scope. Financial highlights. Divisional highlights. Moving forward CHIEF EXECUTIVE OFFICER, FRASERS CENTREPOINT GROUP 15 NOVEMBER 2011

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1 Mr Lim Ee Seng CHIEF EXECUTIVE OFFICER, FRASERS CENTREPOINT GROUP 15 NOVEMBER 2011 Boathouse Residences Scope Financial highlights Divisional highlights Moving forward Boathouse Residences

2 Financial highlights Attributable profit up 10% FY2011 ($ m) FY2010 ($ m) Y-o-Y Change Revenue 2, , % PBIT (before fair value adj & EI) (1.8%) Attributable profit (before fair value adjustments & exceptional items) (1.6%) Fair value adjustments % Exceptional items nm - Attributable profit % 1. EI in FY2011 included mainly UK bank debt restructuring, FCOT s gain on disposal of Cosmo Plaza and FPCL s gain on disposal of subsidiary 3 PBIT by business divisions $ million FY10/11 FY09/10 Change Remarks Singapore Devt (12.0%) Lower progressive profit recognition from portfolio Overseas Devt % Boosted by gains from JV with Sekisui House for Central Park in Australia Lower progressive profit recognition from China Commercial/ REITs (17.4%) Loss of contribution from NP2 &YTP (injected to FCT last FY) Underlying performance of REITs improved; contribution decline due to deconsolidation of FCT in last FY Hospitality % Increased fee income & better performance from Fraser Place & Fraser Suites Singapore Others 6.1 (8.9) - nm - PBIT (1.8%) 1 Overseas Devt includes China, Australia, UK & Thailand developments 4

3 Divisional Highlights St Thomas Suites FIABCI Prix D Excellence 2011 Award Divisional update Singapore Residential Grew pipeline with acquisition of 5 sites (~1,790 units in total): Acquired PasirRissite 1, UppSerangoonsite 1, mixed development site at PunggolCentral 2, Flora Drive site & PunggolEC site 3 Robust sales with 1,436 units (FCL s effective share) sold: Successfully launched Waterfront Isle 1 (85% sold), EsparinaResidences 3 (99% sold), Eight Courtyards 1 (79% sold), Seastrand 1 (58% sold) & Boathouse Residences 1 (46% sold) Eight Courtyards 1 FCL s effective share is 50% 2 FCL s effective share is 33% 3 FCL s effective share is 80% 6

4 Divisional update China Development Achieved sales of 329 units in China Obtained TOP for BaitangOnePh1a (99% sold); Ph1b is 74% sold Baitang One, Suzhou 7 Divisional update Australia Development QIII, Perth Achieved sales of 469 units Soft launched Park Lane at Central Park, Sydney (97 units sold)* and QIIIat Queens Riverside, Perth (55 units sold)* Central Park projects selling well with One Central Park 79% sold and Park Lane 26% sold Park Lane, Sydney * As at 14 Nov, 127 units (33%) sold at Park Lane (including 12 deposits) and 118 units (48%) sold at QIII (including 25 deposits) 8

5 Divisional update Commercial: Investment Properties (Non-REIT) Operations remain healthy; average portfolio occupancy close to 100% Opened BedokPoint in Feb 11, injected into FCT in Sep 11 Achieved TOP for ChangiCity Point in Sep 2011 Replenished retail portfolio with acquisition of Punggolmixed development site 1 Inclusive of Punggoland ChangiCity Point, FCL will own/manage 11 retail malls with NLA of 2.2m sqf Bedok Point Changi City Point 1 JV with Far East & Sekisui House with Frasers holding 33% 9 Divisional Update Commercial REITs FCT Portfolio bolstered by rejuvenated Causeway Point and acquisition of Bedok Point Healthy occupancy and rental reversion underpinned by robust leasing demand Total distributable income rose 9% in FY11 to $64.4m FCOT Total distributable income rose 5% to $36.3m Robust portfolio occupancy rate of 98% Reshaping portfolio; divested Cosmo Plaza and AWPF Causeway Point 10

6 Divisional Update Hospitality Opened 10 new properties under Fraser and Modenabrands with a total of 1,590 apartments Signed up 10 new properties with total of 1,937 apartments (Bangalore, Guangzhou, Hanoi, Istanbul, Jakarta, Kuala Lumpur, Ningbo, Shanghai, Tianjin and Wuxi) Total of 7,067 apartments under management and 5,367 apartments signed up as at 30 Sep 11 Grew pipeline with acquisition of The Regency Tower (108 apts) at The Peak, Sudirman, Jakarta & The Cube (115 apts), Melbourne Fraser Residence Sudirman, Jakarta 11 Moving forward Shanshui Four Seasons, Ph 2

7 Moving forward Market outlook Singapore Uncertainty in market amidst European credit crisis and sluggish recovery in US and Europe Demand expected to further moderate with prices flattening out, evidenced by recent land tender bids Longer term prospects supported by steady GDP growth and low interest rate environment China Recent policy tightening measures aimed at curbing speculative demand and maintaining sustainable growth in property markets Good long term prospects with strong underlying demand from urbanisation trend and strong fundamentals Australia Market softening after strong growth between 2009 and 2010 driven particularly by first homebuyers Overall economy and labour market remain healthy Continuing resources boom supports WA property market whilst Sydney remains underpinned by significant supply/demand imbalance 13 Moving forward Maintain growth strategy DEVELOPMENT (60% -70% of Property PBIT) COMMERCIAL/HOSPITALITY (30% -40% of Property PBIT) Singapore Earnings supported by pre-sold projects; unrecognised revenue of $1.4b Continue with planned launches Selective landbank acquisition in massand mid segments China and Australia Maintain momentum in delivering pipeline; unrecognisedrevenue of ~$610m Target annual sales volume of 1,000 units in China and 500 units in Australia over medium term Commercial Enhance capital productivity via capital recycling and AEIs Inject pipeline assets into REITs Replenish pipeline assets for REIT Hospitality Continue with global growth via management contracts Build on Modena brand as 2 nd tier brand On track to manage >10,000 rooms 14

8 Moving forward Planned launches FY2012 Singapore Est. no. of units Est. avg selling price ($ psf) Flora Drive 430 $750 - $850 PunggolEC $650 -$750 PunggolCentral $1,000 -$1,100 TOTAL 2,088 Flora Drive 1 FCL s effective share is 80% 2 FCL s effective share is 33% 15 Moving forward Watertown, Punggol Central Mixed development located at newly opened Punggol Waterway About 930 units including suites, SOHO apartments, sky patios and condominium units About 50% of units enjoy waterway view 16

Moving forward Watertown, Punggol Central Retail: Waterway Point A 365,000sqf 6-level retail mall (incl2 basement floors) A 24-hour walkway will be the main public thoroughfare connecting traffic

9 Moving forward Watertown, Punggol Central Retail: Waterway Point A 365,000sqf 6-level retail mall (incl2 basement floors) A 24-hour walkway will be the main public thoroughfare connecting traffic from the MRT/LRT Station to the open plaza at the waterway edge 17 Moving forward Planned launches FY11/12 Australia Putney Hill Est. no. of units 116 units* (Stage 1, Phase 1) Est. avgselling price (A$ psm) 6,100 * Out of an initial release of 21 units on 5 Nov, 15 units have been sold to-date (inclusive of 11 deposits) 18

10 Moving forward Planned launches FY11/12 China Est. no. of units Est. avgselling price (RMB psm) Baitang OnePh 2, Suzhou , THANK YOU! Q&A Full-Year Results Briefing 15 th November, 2011

11 Appendices Notes on profit recognition (Singapore) Current Projects No. of units Cumulative % units sold to 30 Sep 2011 % 30 Sep 2011 Martin Place Residences % 100.0% Sinaran % 100.0% Woodsville % 100.0% Waterfront Waves % 100.0% Residences Botanique % 77.0% Caspian % 80.1% Woodleigh % 61.2% Waterfront Key % 72.0% Flamingo Valley % 22.4% Waterfront Gold % 13.0% Esparina Residences % 12.5% Waterfront Isle % 6.0% Eight Courtyards % 3.6% Seastrand % 1.8% Boathouse Residences % 0.0% 1 FCL s effective interest is 50% 2 FCL s effective interest is 80% 22

12 Notes on profit recognition (Overseas) Country Current Projects No. of residential units Cumulative % units sold to 30 Sep 2011 % 30 Sep 2011 Lumiere Residences % 100% Trio/Alexandra, City Quarter % 100% Australia Lorne Killara 40 53% 100% One Central Park % 15% Park Lane % 3% Shanshui Four Season (Ph 1) % 100% China Baitang One (Ph 1a) % 95% Baitang One (Ph 1b) % 58% Chengdu Logistic Park office units (Ph 1) % 100% 23 Singapore Land Bank Land bank FCL s effective share Total est. no. of units Total est. saleable area (m sqf) Punggol EC 80.0% Flora Drive 100.0% Punggol Central (Residential component) 33.3% Starhub Centre 100.0% TOTAL 2,

13 China Land Bank Land bank FCL s effective share Total est. no. of units Total est. saleable area ( m sqf) ShanshuiFour Seasons (Ph2 5) 76% 5, Suzhou Baitang(Ph 2 4) 100% 2, Residential 8, Chengdu Logistic Park (Ph 2 4) 80% Vision Shenzhen Business Park 56% Commercial TOTAL 8, Australia/NZ Land Bank Land bank FCL s effective share Total est. no. of units Total est. saleable area ( m sqf) Central Park (JV), Sydney -Fraser/Sekisui JV -Non-JV land bank 37.5% 75.0% Central Park (Non-JV), Sydney 75.0% Killara Pavillions, Sydney 75.0% Morton, Sydney 75.0% RRCS site, Sydney 75.0% Queens Riverside, Perth 87.5% Frasers Landing, WA 56.3% 1, Papamoa, NZ 67.5% Broadview, NZ 75.0% TOTAL 5, Includes about 0.8m sf of commercial space 26

14 FCL Property Assets by Segment (As at 30 Sep 2011) * Property assets include investment properties, properties under development, development property held for sale, completed property held for sale and investments in associates 27

Scope. FY2012 Full-Year Results 16 November Mr Lim Ee Seng Chief Executive Officer, Frasers Centrepoint Group. Financial highlights

Scope. FY2012 Full-Year Results 16 November Mr Lim Ee Seng Chief Executive Officer, Frasers Centrepoint Group. Financial highlights FY2012 Full-Year Results 16 November 2012 Mr Lim Ee Seng Chief Executive Officer, Frasers Centrepoint Group eco Scope Financial highlights Divisional highlights Moving forward Soleil@Sinaran Fiabci Singapore