Investor Meetings August/September 2012 Scope of Briefing Introduction Key Updates Market Review and Outlook Going Forward 2
Introduction 3 Introduction Premier Property Total assets of $10.2b as at 30 Jun 2012 Company Market cap of $5.3b as at 27 Aug 2012 Leading Prime Office Player Developer of Ocean Financial Centre, Marina Bay Financial Centre and One Raffles Quay in Singapore s Crown Jewel Marina Bay Asia s Quality Developer Focus on thematic residential, Townships and mixed developments in Singapore, China, Vietnam, India and Indonesia Established Property Fund Manager Two fund management vehicles: K REIT Asia and Alpha Investment Partners with total AUM of $15.1b* *When fully invested and leveraged 4
SINGAPORE Commercial developments mainly in Marina Bay and CBD Residential developments including lifestyle waterfront projects Mixed developments OVERSEAS Residential developments including townships, sustainable developments and integrated lifestyle projects Selective commercial developments Strategic Focus Twin Core Businesses Property Property Development Fund for Sale Management K REIT Asia to recycle capital Recurring fee income from fund management provides stability against cyclical property development earnings 5 Strategic Focus Strengthen Overseas Presence in Key Cities New investments of over $270m for 1H 2012 in China and Sri Lanka Over 400,000 sm of prime commercial space under development Country China Commercial Development, Beijing s CBD Seasons City, Tianjin Eco City Vietnam Saigon Centre Ph 2, HCMC Indonesia International Financial Centre Jakarta Tower 2 Gross Floor Area (Approx.) 100,000 sm 162,000 sm 90,000 sm 64,000 sm Saigon Centre Ph 2 IFC Jakarta Tower 2 Seasons City, Tianjin Eco City 6
1H2012 Financial Summary Sound Financial Position Net profit grew 77% to $236.6m: 6m: higher contribution from property trading Strong cash position of $1.6b as at end Jun 2012 Additional debt headroom of about $2b if D/E ratio grows to 0.5x Group Net Profit 76.8% YoY to $236.6m NetD/E Ratio 47.2% YoY to 0.19x Total Assets 25.0% YoY to $10.2b 7 Key Updates 8
Singapore Operations 9 Singapore Residential Capitalise on Healthy Suburban Demand Steady sales from The Luxurie Sold about 88% of 480 launched units as at end Jul 2012 Choice suburban location: Close to MRT, schools, retail and sporting facilities 10
Singapore Residential Selective Demand for Luxury Homes Waterfront projects at Keppel Bay and Marina Bay substantially sold Marina Bay Suites: Sold about 91% of 188 launched units as at end Jul 2012 Reflections at Keppel Bay: Sold about 90% of 950 launched units as at end Jul 2012 Marina Bay Suites Keppel Bay Plot 3 to be launched according to market sentiments 367 unit premium waterfront development Located close to HarbourFront Office Park and VivoCity Reflections at Keppel Bay 11 Singapore Commercial Resilient Grade A Office Demand MBFC Tower 3: over 70% commitment Marina Bay Financial Centre About 120,000 sf NLA leased in 1H 2012 Diversified mix of financial and nonfinancial tenants DBS, Clifford Capital, Rio Tinto, Regus Group, Clyde & Co, Mead Johnson, Berge Bulk, McGraw Hill Obtained TOP DBS Bank started operation at end June 2012 Other tenants progressively moving in 12
Overseas Operations 13 China Presence Tapping Opportunities in Vast Market >10 >$3.4b years of Assets As at end June 2012 : 34% of assets invested in China >18,000 Homes Sold in China Focus on developing Condominiums Villas Townships Waterfront homes Eco developments cities First residential project in Jingan District, Shanghai in 2000 Formed Keppel Land China in 2010 Acquired first commercial site in Beijing in 2012 Part of FTSE ST China Top Index More than 1,900 staff 3 mega regions : Western Region Greater Bohai Rim Region Yangtze River Delta Region Beijing Tianjin Pipeline of >42,000 Homes Total GFA : 7.4 million sm Chengdu Kunming Nantong Jiangyin Wuxi Shanghai Zhongshan Shenyang 14
China Pick Up in Sales Momentum Improved Sales About 490 units sold in 2Q2012 vs about 190 units sold in 1Q2012 About 140 units sold in July The Botanica, Chengdu Central Park City, Wuxi The Springdale, Shanghai Ph 6: Sold 97% of 1,248 launched units as at end Jul 2012 Ph 2: Sold 89% of 1,483 launched units as at end Jul 2012 Sold 85% of 1,035 launched units as at end Jul 2012 15 China Grade A Commercial Development in Beijing Prime office and retail development located at the heart of CBD Well located and accessible via Chang an Ave and 2 MRT Lines Site Details Location Chaoyang District Land Area Gross Floor Area Development Type Expected Completion About 2.6 ha About 100,000 sm 3 office towers with retail component 2014 16
Indonesia Capitalise on Demand for Grade A Office Space in Jakarta s CBD Commenced construction at International Financial Centre Jakarta Tower 2 International Financial Centre Jakarta Tower 2 Redevelopment of existing 10 storey building to a 48 storey Grade A office tower Large column free floor plates with green features Project Details Along Jalan Jenderal Location Sudirman in the heart of Jakarta CBD Net Lettable Area Over 50,000 sm Expected Completion 2015 17 Indonesia Jakarta Garden City Attracts Buyers Premium location with improved infrastructure and amenities Sold 92% of 1,104 launched units as at end Jul 2012 Achieved average price of Rp 8.5m ($1,150) psm for Ph 2, about 37% higher than Ph 1 Jakarta Garden City Good amenities added progressively in the township Broadband internet access, international school, shopping mall and market 18
Sri Lanka Joint venture with established local ldeveloper to acquire a prime residential site in Colombo Keppel Land : 60% of joint venture Foray into New Emerging Market To Airport Subject Site Direct access to CBD Proximity to reputable schools, hospitals, shops and sports facilities Location Site Area No. of units Site Details Kotahena District About 0.5 ha About 260 high end apartments 19 Myanmar Leverage Opening Up of Economy Improvement in occupancy and room rates for both hotels Premier location for business travelers in Sedona Yangon pushes occupancy to almost 100% during peak periods Seek development opportunities Economic reforms and expected changes in investment regulation to attract foreign investment Sedona Hotel, Yangon Sedona Hotel, Mandalay 20
Fund Management 21 Fund Management Total AUM Exceeds $15 billion* K REIT Asia Up from $0.6b $6.3b Alpha Investment Partners Up from $3.1b $8.8b $14.8b $15.1b $11.2b $9.8b $9.8b 8.8 8.8 $6.1b 7.7 $3.7b 3.1 0.6 7.7 7.7 4 2.1 2.1 2.1 3.5 6 6.3 2006 2007 2008 2009 2010 2011 1H 2012 * When fully leveraged and invested K REIT Asia Alpha Investment Partners 22
K REIT Asia Steady Income Growth and Portfolio Expansion Enhanced income distribution for unitholders Distribution income increased 94.6% YoY to $98.4m in 1H2012 Quarterly DPU distribution from 3Q 2012 Ten fold growth in portfolio size from 2006 to end June 2012 AUM increased to $6.3b with the recent acquisition of additional 12.39% stake in OFC From Left to Right: Bugis Junction Towers, MBFC Ph 1, Ocean Financial Centre, Prudential Tower, One Raffles Quay, 275 George Street Brisbane, 77 King Street Sydney, 8 Chifley Square Sydney 23 Alpha Investment Partners Selective Acquisitions and Divestments Alpha Asia Macro Trends Fund IIacquired 17 residential units at 8 Napier 8 Napier Strategic divestments by funds High end residential development in Roppongi, Tokyo Various prime retail units in Seoul In process of divesting a retail mall and another two serviced apartments in Hong Kong 24
Market Review and Outlook 25 Singapore Residen ntial Sales volume rebounded in July with 1,943 units sold (1) 42% more than June figure of 1,370 units Volume rose across all segments with YTD sales of 13,871 units, 87% of FY2011 Prices holding steady Private residential prices increased marginally by 0.4% Q o Q in 2Q 2012 (1) Prices in CCR and OCR increased by 0.6% and 0.5% Q o Q respectively (1) Share of foreign buying decreased to 7% in 1H2012 vs 20% in 2011 (2) Commerc cial Office rental eased amidst resilient demand in 1H 2012 Grade A rents moderated 4.7% Q o Q to an average $10.10 psf (3) Take up of about 0.9m sf in 1H 2012 (1) New Grade A office supply not excessive over the next two years MBFC Tower 3 (about 1.3m sf): Over 70% committed Asia Square Tower 2 (about 780,000 sf ): Only Grade A office to TOP in 2013 Singapore office market remains favourable and competitive New occupiers looking to establish and grow their operations in Singapore (3) Singapore Grade A rentals about 40% lower compared with Hong Kong CBD (4) (1) URA (2) DTZ (3) CBRE (4) Jones Lang LaSalle 26
Overseas Asian economies on positive growth despite slowdown in the West Demand for residential properties supported by economic growth, urbanisation and rising middle class Interest rate cuts across China, Vietnam and India to boost housing affordability Country GDP Growth Projection for 2012 (1) Annual Urbanisation Rate (2) Jakarta China Garden City7.8% 2.3% Vietnam 5.7% 3.4% India 6.9% 2.4% Indonesia 5.9% 1.7% (1) Economic Intelligence Unit (2) CIA World Fact Book Property Market Sentiments improved due to lowered mortgage rates and policies within local cities targeted at first time buyers 5 th interest rate cut in 2012 may encourage buying demand to return Interest rate cut in April provided some relief to the real estate sector amidst softer sentiments due to economic slowdown and a weak Rupee Housing demand driven by expanding middle class and relatively low interest rates 27 Going Forward 28
Going Forward Selectively acquire prime sites with strong marketing attributes for residential, township, commercial and mixed use developments Grow fee based income through K REIT Asia and Alpha Monitor residential market closely to launch new projects and phases Jakarta Garden City The Luxurie The Botanica, Chengdu 29 Thank You 30
Additional Slides 31 5 year Financial Profile FY2011 FY2010 (Restated^) FY2009 FY2008 FY2007 Turnover ($m) 949.0 685.4 923.9 842.2 1407.9 Pre tax Profit ($m) 1,503.9 1,176.8 358.6 314.0 988.7 Net Profit ($m) 1,365.6 (1) 1,052.9 (2) 280.4 (3) 227.7 (3) 779.7 (4) Overseas Earnings (% of Net Profit) 24 39.5 31.5 29.5 39.7 EPS ( ) 93.2 73.3 24.2 22.4 76.9 NTA/Share ($) 3.64 2.85 2.36 3.39 3.18 Net Debt/Equity Ratio (x) 0.10 0.21 0.22 0.52 0.41 ROE (%) 32.9 31.0 10.1 9.9 46.2 Total Dividend / Share ( ) 20 18 8 8 20 ^ FY2010 figures restated due to change in accounting policy. (1) Includes corporate restructuring surplus of $508.1m from sale of 87.5% interest in OFC, gain on sale of Keppel Digihub, gain on acquisition of additional interest in K REIT Asia and net fair value gain on investment properties (2) Includes corporate restructuring surplus of $363.8m from sale of 1/3 interest in MBFC Phase 1, gain on acquisition of additional interest in K REIT Asia and net fair value gain on investment properties (3) Includes gain on acquisition of additional interest in K REIT Asia and net fair value gain on investment properties (4) Includes corporate restructuring surplus of $235.2m from sale of ORQ and net fair value gain on investment properties 32
Financial Performance: 1H 2012 vs 1H 2011 1H 2012 1H 2011 % Chg Turnover ($m) 300.5 462.1 (35.0) EBITDA ($m) 67.2 101.1 (33.5) Pre tax Profit ($m) 288.1 176.9* 62.9 Net Profit ($m) 236.6 133.8* 76.8 * Includes a $24.4m gain on divestment of Keppel Digihub in 1Q 2011 33 Key Financial Ratios 1H 2012 1H 2011^ % Chg EPS (cts) 15.7 9.1 72.5 Annualised ROE (%) 6.8 5.7 19.3 NTA / Share ($) 3.66 2.82 29.8 Net Debt/Equity Ratio (x) 0.19 0.36 (47.2) ^ 1H 2011 comparatives restated due to the adoption of Amendments to FRS 12. 34
Balance Sheet Strength Strong cash position: $1.6b as at end Jun 2012 Availability of credit facilities and unutilised amount of US$386m under the MTN programme 1H 2012 1H 2011 % Chg Net Debt $1.2b $1.6b 25.0% Net Debt/Equity Ratio 0.19x 0.36x^ 47.2% Avg Interest Rate of Borrowings 1.8% 2.0% 10.0% Interest Cover Ratio * 26.5x 14.7x^ 80.3% Profit Before Interest and Tax * Interest Cover Ratio = Net Interest Cost on External Borrowings ^ 1H 2011 comparatives restated due to the adoption of Amendments to FRS 12. 35 Loan Maturity Profile Due in 2012 Due in 2013 Due in 2014 Due in 2015 Due in 2016 Due in 2017 Due in 2022 Rolling 1% 4% 5% 7% 10% 12% 25% 36% 0% 5% 10% 15% 20% 25% 30% 35% 40% Total Debt: $2.8b as at end June 2012 Fixed rate debt: 53% as at end Jun 2012 vs 50% as at end Jun 2011 Average debt maturity: 2.9 yrs as at end Jun 2012 Issuance of $200m 10 year bond at 3.80% p.a. in June 2012 Part of MTN Programme 36
Singapore Residential Landbank Project Location KLL s Stake Tenure Attributable Land Area (sf) Attributable GFA (sf) Total Units Remaining Units Caribbean at Keppel Bay Reflections at Keppel Bay Keppel Bay 30% 99 yr 314,763 428,773 969 1 Keppel Bay 30% 99 yr 269,932 624,527 1,129 122^ Marina Bay Suites Marina Bay 33.3% 99 yr 19,016 156,462 221 52 The Luxurie Sengkang 100% 99 yr 190,523 571,568 622 226 Keppel Bay Plot 3 Keppel Bay 30% 99 yr 125,366 152,999 367* 367 Keppel Bay Plot 4 Keppel Bay 11.7% 99 yr 35,992 40,300 234* 234 Keppel Bay Plot 6 Keppel Bay 30% 99 yr 141,120 67,813 94* 94 Keppel Towers & GE Tower Tg Pagar Rd / Hoe Chiang Rd 100% Freehold 85,305 477,706 590* 590 Total 1,182,017 2,520,148 4,226 1,686 Figures updated as at end Jun 2012 * Estimated no. of units ^ Exclude 154 units set aside for corporate residences 37 China Residential Landbank Site Location KLL's Stake Total Land Area (sm) Total GFA (sm) Remaining Area For Sale (sm) Remaining Units For Sale 8 Park Avenue Shanghai 99% 33,432 133,393 65,233 378 Park Avenue Central Shanghai 99% 28,488 99,708 99,708 708 The Springdale Shanghai 99.4% 264,090 328,792 # 221,732 ^ 1,874 Nanxiang Devt, Jiading District Shanghai 99.9% 71,621 128,918 128,918 1,036 Central Park City, Taihu New City Wuxi 49.7% 352,534 670,931 # 277,849 ^ 2,266 Prime Residential Devt, Binhu District Wuxi 100% 215,230 322,844 322,844 2,500 The Botanica Chengdu 44.05% 419,775 1,049,438 ^ 205,213 ^ 2,143 Park Avenue Heights, Panchenggang Chengdu 100% 50,782 203,129 202,513 1,555 Hill Crest Villa, Mumashan Chengdu 100% 249,330 158,952 158,952 274 Stamford City Jiangyin 99.4% 82,987 300,083 # 232,010 973 The Seasons, Shenbei District Shenyang 100% 348,312 518,416 # 425,671 ^ 3,635 Township Devt, Hunnan New District Shenyang 99.8% 302,681 756,580 756,580 7,026 Integrated Marina Lifestyle Devt Zhongshan 80% 857,753753 443,177 443,177 1,647 Serenity Cove (Ph 3) Tianjin 100% 128,685 80,000 79,588 340 Mixed Devt Tianjin 100% 1,666,665 1,358,202 1,358,202 11,299 Tianjin Eco City Tianjin 55% 365,722 633,798 # 572,307 # 3,721 Waterfront Residential Devt Nantong 100% 172,215 189,437 # 183,872 # 1,202 Hill Crest Residence Kunming 40% 71,920 20,193 5,331 39 La Quinta II Kunming 40% 23,034 10,928 2,701 20 Total 5,705,256 7,406,919 5,742,401 42,636 Figures updated as at end Jun 2012 # Includes commercial area ^Excludes commercial area 38
Other Overseas Residential Landbank Country Site KLL's stake Total Land Area (sm) Total GFA (sm) Remaining Area for Sale (sm) Remaining Units for Sale India Elita Promenade 51% 96,618 237,446 4,395 28 Elita Horizon 51% 79,927 176,376 176,376 1,138 Elita Garden Vista 37.74% 99,957 218,333 105,899 673 Sub total 276,502 632,155 286,670670 1,839 Indonesia Jakarta Garden City Phase 1 51% 266,939 140,658 5,802 24 Jakarta Garden City Phase 2 (Cluster E) 69,970 23,200 24,315 74 Remaining phases 804,109 923,511 840,471 5,673 Sub total 1,141,018 1,087,369 870,588 5,771 Thailand Villa Arcadia at Srinakarin 53.66% 159,706 79,294 59,773 188 Villa Arcadia at Watcharapol 71.72% 124,912 68,314 78,018 248 Sub total 284,618 147,608 137,793 436 Vietnam Saigon Sports City, HCMC 90% 640,477 688,180 # 298,878 ^ 2,325 The Estella, HCMC 55% 47,906 279,851 # 140,991 ^ 920 Riviera Point, Dist. 7, HCMC 38% 89,712 438,814 # 271,111 ^ 2,216 Waterfront Township, Dong Nai Province 50% 3,667,127 2,046,955 # 1,293,500 ^ 7,850 Prime (Condo), Dist. 2, HCMC 60% 51,000 244,800 166,464 1,500 Riviera Cove(Villa), Dist. 9, HCMC 60% 97,000 34,711 10,921 18 South Rach Chiec, Dist 2, HCMC 42% 302,000 755,000 # 641,067 ^ 6,699 Riviera Gardens, Dist. 12, HCMC 60% 113,098 40,715 56,549 174 Villa Development, Saigon South, HCMC 50% 135,000 67,500 67,500 225 Villa Development, Dist 9, HCMC 60% 98,000 42,054 48,900 131 Sub total 5,241,320 4,638,580 2,995,881 22,058 Middle East Al Mada Towers, Jeddah, Saudi Arabia 51% 36,236 253,652 Sub total 36,236 253,652 Philippines SM KL Residential Devt, Manila 24.2% 12,932 122,343 * * Sub total 12,932 122,343 Total 6,992,626 6,881,707 4,290,932 30,104 Figures updated as at end Jun 2012 # Includes commercial area ^Excludes commercial area *Under planning stage 39 China Residential Launches Units to Launch Location 2012 2013 2014 8 Park Avenue* Shanghai 40 110 169 Park Avenue Central^ Shanghai The Springdale* Shanghaih 248 1,021 605 Nanxiang Development, Jiading District ^ Shanghai 100 500 387 Central Park City, Taihu New City * Wuxi 267 700 773 Prime Residential Devt, Binhu District ^ Wuxi 73 463 The Botanica* Chengdu 739 1,038 366 Park Avenue Heights, Panchenggang ^ Chengdu 236 799 520 Hill Crest Villa, Mumashan^ Chengdu 111 113 Stamford City Ph 2 (Blk 5) * Jiangyin 30 80 45 The Seasons, Shenbei District* Shenyang 145 1,287 996 Township Devt, Hunnan New District^ Shenyang 50 Integrated Marina Lifestyle Devt ^ Zhongshan 64 Serenity Cove (Ph 3) * Tianjin 146 194 Tianjin Eco City (36.6 ha)* Tianjin 575 947 1,375 Waterfront Residential Devt^ Nantong 20 91 707 Spring City Residential Devts* Kunming 33 97 60 Total 2,433 7,000 6,887 Figures updated as at end Jun 2012 *Balance units ^New launches 40
Other Overseas Residential Launches Location 2012 2013 2014 Vietnam Saigon Sports City^ HCMC - - 200 The Estella (Phase 1), Dist 2* HCMC 40 60 145 The Estella (Phase 2), Dist 2^ HCMC - - 200 Riviera Point, Dist 7* HCMC 40 100 225 Waterfront Township^ Dong Nai - - 260 Prime (Condo), Dist 2^ HCMC - - 350 Riviera Cove (Villa), Dist 9* HCMC 9 9 - South Rach Chiec, Dist 2^ HCMC - - 100 Riviera Gardens, Dist 12^ HCMC - - 87 Villa Development, Saigon South^ HCMC - - 80 Villa Development, Dist 9^ HCMC - 25 80 Thailand Villa Arcadia at Srinakarin (Phase 1)* Bangkok 32 Villa Arcadia at Srinakarin (Phase 2)^ Bangkok 37 73 46 Villa Arcadia at Watcharapol (Phase 1)* Bangkok 23 Villa Arcadia at Wth Watcharapol l(phase 2)^ Bangkok k 55 56 56 India Elita Promenade* Bangalore 28 Elita Garden Vista* Kolkata 155 313 205 Elita Horizon^ Bangalore 36 350 486 Indonesia Jakarta Garden City* Jakarta 153 370 572 Saudi Arabia Al Mada Towers^ Jeddah Total 608 1,356 3,092 Figures updated as at end Jun 2012 *Balance units ^New launches 41 Expected Completion of China Projects Projects/ Phases The Botanica, Chengdu Total No. of Units Year of Completion Units Sold as at end Jun 2012 Area Sold as at end Jun 2012 (sm) Phase 6 R5a 1,248 2013 1,189 96,674 Central Park City, Wuxi Phase 2 C1a 750 2012 419 45,665 The Springdale, Shanghai Phase 2 Plot 3 1, 3 2 and 3 3 1,068 2012 528 45,196 Seasons Park, Tianjin Eco City Phase 1 Plot 10 and 7 1,105 2012 633 61,491 Spring City, Kunming Hill Crest Residence 133 2012 94 14,162 The Seasons, Shenyang Phase 1A 510 2012 201 28,636 42
Exp. Completion of Other Overseas Projects Projects/ Phases Total No. of Units Year of Completion Units Sold as at end Jun 2012 Area Sold as at end Jun 2012 (sm) Vietnam The Estella (Phase 1) 719 2012 473 64,273 Riviera Cove 96 2012 78 38,436 Riviera Point (Phase 1A) 549 2014 184 22,640 India Elita Garden Vista (Phase 1) 688 2012 605 89,481 Indonesia Jakarta Garden City Phase 1 971 2009 2012 947 160,975 Phase 2 Cluster E 43 2012 21 7387 93 2013 41 9773 Thailand Villa Arcadia Srinakarin (Phase 1) 209 2012 177 55,059 Villa Arcadia Watcharapol (Phase 1) 45 2012 22 6,997 43 Geographical Breakdown Asset Distribution (as of End Jun 2012) India : 1% Others : 3% China : 34% Singapore : 51% Vietnam : 7% Indonesia : 4% 44
Singapore Developments to Benefit from New MRT Lines The Luxurie Keppel Bay Proposed redevelopment of KTGE Towers Marina Bay Suites Sentosa Island Source: LTA as at 17 April 2012 45 China Keppel s 36.6ha site in SUA of Tianjin Eco city Residential: 4,354 homes (include Seasons Park) Commercial: Seasons City (GFA: 162,000 sm) Shareholding Structure: KLL: 55%; KCL: 45% Project Manager: KLL Entire Start up Area Development (SUA) Size 30 sq km 4 sq km Development Period 10 15 years 3 5 years No. of Homes > 100,000 >20,000 Population (approx.) 350,000 85,000 46
Tianjin Eco City shareholding structure (1) : China Sino Singapore Tianjin Eco city Keppel Corporation Keppel Land Keppel Integrated Engineering Singbridge Int l S pore 45% 35% 20% 90% 10% Chinese Consortium Singapore Consortium 50% 50% Tianjin Eco City (JV) Registered Capital : RMB 4 billion (1) Summarised graphical representation and not the legal representation of the shareholding structure 47 Vietnam Saigon Centre Ph 2 Attracts Anchor Tenant Takashimaya to lease 15,000 sm of prime retail space Saigon Centre Ph 2 retail space 30% pre committed Strategic partnership with Toshin Development 50:50 joint retail management company 22.7% of Saigon Centre Ph2 divested to Toshin Development Location Development Type Expected Completion Saigon Centre Ph 2 Along Le Loi Boulevard (in HCMC s CBD) Grade A office space : About 40,000 sm Retail : About 50,000 sm Serviced apartments : Over 200 units 2015 48
Alpha Investment Partners Funds under Alpha Committed % No. of Countries (as at end Jun 2012) Equity Invested Invested In Asia No. 1 Property Fund $400m 100% 4 Alpha Core Plus Real Estate Fund $720m 100% 3 AIBAlpha Alpha JapanFund $259m 100% 1 Alpha Asia Macro Trends Fund $1.7b 100% 6 Alpha Asia Macro Trends Fund II $607m 14% 2 49 Corporate Awards BCI Asia Awards 2012 Top 10 Developers Awards in Singapore and Vietnam Euromoney Real Estate Awards 2011 Best Developer in Singapore Overall Best Office Developer in Singapore HR Awards Singapore Human Resources Institute Awards 2012 HR Advocate Award for Corporate Social Responsibility* Leading HR Practices in : Learning and Human Capital Development (Special (p Mention) Quality Work life, Physical and Mental Well being (Special Mention) Strategic HR (Special Mention) Corporate Social Responsibility Compensation and Rewards Management Workplace Safety and Health * Conferred on companies which have won the Leading Practice Award in a given area for three years. 50
Corporate Awards Transparency Awards Singapore Corporate Awards 2012 Gold Award for Best Annual Report Silver Award for Best Managed Board Governance and Transparency Index 2012 Ranked 6 th out of 674 companies assessed IR Magazine South East Asia Awards 2011 Grand Prix for Best Overall Investor Relations for small or mid cap companies 2011APREA Best Practices Awards Mature Markets Highly Commended Award Mature Markets Merit Award (Accounting and Financial Reporting) Mature Markets Merit Award (Corporate Governance) SIAS Investors Choice Awards 2011 Most Transparent Company (Properties category) Runner up 51 Product Excellence Awards Corporate Awards FIABCI Prix d'excellence Awards 2012 MBFC Phase 1 : Winner in Office category Marina Bay Residences : Runner up in Residential (High Rise) category International Property Awards Asia Pacific 2012 Ocean Financial Centre : Best Commercial High rise Development in Asia Pacific, Best Office Architecture and Best Office Development in Singapore South East Asia Property Awards 2011 Ocean Financial Centre : Green Development Award The Estella : Best Condo Development (Vietnam) FIABCI Singapore Property Awards 2011 MBFC Phase 1 : Winner in Office category Marina Bay Residences : Winner in Residential (High Rise) category World Travel Awards 2011 Hotel Sedona Manado named Indonesia s Leading Hotel 2011 Sedona Yangon named Myanmar s Leading Hotel 2011 52
CSR Awards The Sustainability Yearbook 2012 Features the top 15% of 2,500 companies worldwide in sustainability leadership Named the SAM Sector Mover 2012 in the Real Estate sector Dow Jones Sustainability Index (DJSI) 2011 Part of the DJSI World Index and DJSI Asia Pacific Index One of two Singapore companies to be included in DJSI World Index ACCA Singapore Awards for Sustainability Reporting 2011 Best Sustainability Report Award Storebrand Best in Class 2011 Awarded for Environmental, Social and Governance (ESG) and financial performance 53 CSR Awards Global Real Estate Sustainability Benchmark 2011 Top performer for listed property companies in Asia Global CSR Awards 2011 Ocean Financial Centre (Product Excellence category) Gold Award Leadership in Energy and Environmental Design (LEED) Award OFC is the first high rise office building in Southeast Asia to be conferred the prestigious ii award 29 BCA Green Mark Awards Latest : Green Mark Gold Awards (Provisional) Riviera Point and Saigon Centre Ph2 in Ho Chi Minh City, Vietnam 54
This release may contain statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. You are cautioned not to place undue reliance on such statements, which are based on the current views of Management on future developments and events. 55