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Investor Meetings August 2010

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Content

Introduction

Strategic Focus

Updates

Market Review & Outlook

Going Forward

Recent Awards

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Introduction

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Introduction

Total assets of $6.6 bil as @ 30 June 2010Market cap of $6.0 bil as @ 03 August 2010

Premier Property Company

Developer of One Raffles Quay, Marina Bay Financial Centre and Ocean Financial Centre

in Singapore’s Crown Jewel Marina Bay

Leading Prime Office Player

Focus on thematic residential and township developments in Singapore, China,

Vietnam, India and Indonesia

Asia’s Quality Home Developer

Manager of four property funds and a pan-Asian commercial REIT

Established Property Fund Manager

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Vision and Mission

Vision

To be the premier multi-national corporation providingurban living solutions through the twin core businesses ofproperty development and property fund management.

Mission

We are committed to create live-work-play environmentsof enduring value for the community with our hallmarkexcellence, and achieve sustainable higher returns for ourshareholders.

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International Presence

More than 75,000 Homes in the Pipeline Across Asia and the Middle East

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Strategic Focus

Two Core Businesses

K-REIT Asia to recycle capital

Fee-based income from fund management with greater AUM

Property

Development

for Sale

Property

Fund

Management

SINGAPORE

Commercial developments mainly in Marina Bay and CBD

Residential developments including lifestyle waterfront projects

OVERSEAS

Residential developments including townships, sustainable developments and integrated lifestyle projects

Commercial developments selectively

Strategic Focus

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Updates

Singapore Residential

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Replenished Landbank with Lakeside Acquisition

Comprises about 630 units

• Unit type : 1 – 4 bedroom plus penthouses

• Unit sizes range from 500 sf – 1,400 sf

Target to launch by end-2010

Benefit from the remaking of Jurong Lake District and relocation of government agencies

Choice location with proximity to :

• Lakeside MRT station

• Jurong Gateway precinct with about 500,000 sm commercial space

• Future Canadian International School, Jurong Point and other amenities

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Singapore Residential

Second preview of Marina Bay Suites on 29 April 2010

• Capitalised on the preview opening of Marina Bay Sands on 27 April 2010

Total: 221 units

• Sold 96% of 136 launched units as at end-Jun 10

Marina Bay Suites

Marina Bay Sands

Demand for Premier Homes at Marina Bay

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Singapore Residential

Capitalise on Close Proximity to Resorts World Sentosa

Reflections at Keppel Bay

Resorts World Sentosaand Universal Studios

Designed by world-renowned master architect, Daniel Libeskind

Total : 1,129 waterfront condominium units

• 98% of 760 launched units sold as at end-Jun 10

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Singapore Commercial

Marina Bay Sands (Integrated Resort) Keppel Land’s projects located nearby to the IR

Marina Bay SuitesFinal phase of luxury residential development in the Marina Bay area

Ocean Financial CentrePlatinum level LEED-CS

pre-certification

Marina Bay ResidencesFully sold out luxury residential development

Marina Bay Financial CentreComprises 3 Grade A office towers

One Raffles Quay

Marina Bay as a Vibrant Work-Live-Play Environment

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Singapore Commercial

Choice Location for Multi-national Companies

MBR

T1

T3 T2 MBS

Marina Bay Financial Centre (MBFC)

Overall commitment : About 80%

Ph 1 : 1.6m sf • Towers 1 & 2 : Fully leased• Completion : 2010

Ph 2 : 1.3m sf • Tower 3 : 55%• Completion : 2012

New take-up in 2Q10 :• Ph 1 :

­ Barclays : Additional 250,000 sf­ Prudential : Approx. 37,000 sf­ Nomura : Additional 25,000 sf

• Ph 2 : ­ Clifford Chance: Approx. 25,000 sf

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Singapore Commercial

Premier Office Landmark in Central Business District

Ocean Financial Centre (OFC)

Overall commitment : About 63%

Total NLA : 850,000 sf

New take-up in 2Q10 includes :­ ANZ : Approx. 209,000 sf­ BNP : Approx. 58,000 sf

Other major tenants include :­ Drew & Napier­ Stamford Law­ The Executive Centre­ Verizon­ DMG

Completion : 2Q11

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K-REIT Asia

Expand Portfolio with Quality Acquisitions

Seeking Pan-Asian acquisition opportunities

First foray into Australia with two recent acquisitions:

• Grade A office tower at 77 King Street in Sydney’s CBD

• 50% stake of 275 George Street, a Grade A office building in Brisbane’s CBD

Improved K-REIT Asia’s income and tenant diversification

GE TowerKeppel Towers One Raffles Quay275 George

StreetBugis Junction

TowersPrudential

Tower 77 King Street

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Alpha Asia Macro Trends Fund

• Targeted at developed and fast emerging markets with focus on prominent trends in Asia such as :

– Rise of consumerism, tourism and home ownership

– Emergence of REITs

– Aging populations

– Key Asian cities as education hubs

• Recent acquisitions in Singapore :

– 162 units at The Cascadia, a prime residential devt located along Bukit Timah Road

– 77% stake in Katong Mall : To be redeveloped into a new 207,000-sf mall

Alpha Investment Partners :

$7.7 bn (1)

K-REIT Asia : $2.5 bn (2)

Total AUM: $10.2 bn

Funds under AlphaCommitted

Equity %

Invested

No. of Countries

Invested In

Asia No. 1 Property Fund $400m 100% 4

Alpha Core Plus Real Estate Fund

$720m 100% 4

AIB Alpha Japan Fund $259m 46% 1

Alpha Asia Macro Trends Fund

$1.7bn 40% 5

Alpha Investment Partners

As at end-Jun 10 :

Seeking Acquisitions with Strong Financial Position

(1) When fully leveraged and fully invested(2) Includes 50% stake in 275 George Street, Brisbane and assumes completion of acquisition of 77 King Street, Sydney

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Overseas

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Overseas - China

Western Region

Greater Bohai Rim Region

Yangtze River Delta Region

WuxiChangzhou

Chengdu

Tianjin

Jiangyin

Shanghai

Beijing

Shenyang

Kunming

Zhongshan

In China since early 1990s

• Secured first residential project, One Park Avenue in Shanghai in 2000

Presence in 10 cities in key regions

• Total GFA : 6.5 million sm

• More than 40,000 homes in the pipeline

Keppel Land’s Extensive Presence in China

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Good Response at Pudong Launch

The Springdale, Shanghai

Overseas - China

Total : 2,667 units

• Comprises maisonettes, high-rise and landed homes

Ph 1 : Launched in mid-Jun 10

• Sold 79 of 120 launched units as at end-Jun 10

Within 30 minutes drive to :

• Financial District in Pudong ( Lu Jia Zui)

• Pudong International Airport

• Lingang New Town

• Upcoming No. 11 metro line linking to Hong QiaoAirport and financial districts

• Disneyland theme park (15 min drive)

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Overseas - China

More than 1,000 township homes sold in 2Q10

More than 5,000 units sold over 5phases since 2005

Ph 5 : Sold 745 units

• Fully sold 376 launched units in early April

• Launched another 604 units since late April

– Sold 369 units as at end-Jun 10

Ph 1 of 1,448 units fully sold

Ph 2 : Sold 311 units

• Sold 213 of 342 launched units in 2nd week May

• Launched another 154 units in Jun

– Sold 98 units as at end-Jun 10

Resilient Demand for Township Homes

The Botanica, Chengdu

Central Park City, Wuxi

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Overseas – Vietnam

Acquired new lifestyle waterfront sites

• Township devt at South Rach Chiec, District 2

- Site area : 30 ha

- Total : About 4,700 units fronting South Rach Chiec river

• Villa devt, District 12

- Site area : 11.3 ha

- Total : 175 villas fronting Saigon River

• More than 22,000 homes in the pipeline Waterfront township development at South Rach Chiec

Enlarged Residential Portfolio in HCMC

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Overseas – Vietnam

Continued Demand for Quality Homes

The Estella, HCMC

First development in Vietnam to obtain Green Mark Gold Award

Total : 1,393 units

63% of 719 launched units sold as at end-Jun 10

Riviera Cove, HCMC

9.7-ha riverfront site in emerging residential suburb District 9

Total : 96 villas

93% of 82 launched units sold as at end-Jun 10

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Elita Promenade,Bangalore

Elita Garden Vista, Kolkata Jakarta Garden City

Total : 1,573 units

91% of 1,495 units sold as

at end-Jun 10

Phase 1 : 688 units

71% of 688 units sold as

at end-Jun 10

Phase 1 : 971 units

77% of 648 units sold as

at end-Jun 10

Steady Sales with Improving Economy

Overseas – India and Indonesia

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Market Review & Outlook

Singapore Residential Private home price increase moderates

3Q 09 4Q 09 1Q 10 2Q 10

Q-o-Q changes in price +15.8% +7.4% +5.6% +5.3%

Source : URA

Higher new take-up in 1H10 vs 1H09

Full year 2009 1H 09 1H 10

New Home Sales 14,688 7,250 8,413

Rising foreign participation

Singaporeans Foreigners (PRs + Non-PRs)Companies & Others

2000 80% 13.2% 6.9%

2009 76.2% 22.1% 1.7%

1H 10 72.8% 25.2% 2.0%

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Government to promote a stable and sustainable property market

• Increase supply to meet demand 27 residential and 4 mixed-use sites on 2H10 GLS programme

• HDB to offer up to 16,000 new BTO flats in 2010, more than 9,000 BTO flats for the whole of 2009

Housing demand supported by favorable drivers :

• Robust economic growth MTI upgraded 2010 GDP growth forecast to 13 – 15% from 7 – 9% (1)

• Spin-off effects from the two IRs to elevate Singapore's profile as a cosmopolitan city

• Singapore as top city in Asia with highest quality of living

– Ranked 1st in Asia in Mercer 2010 Quality of Living Survey

• Buying momentum to continue into 2H10, albeit at slower pace

– Full year home sales estimated at 13,000 – 14,000 (3)

• Growth in private home prices to continue to moderate sequentially

Singapore Residential

(1) Ministry of Trade and Industry(2) URA (3) CBRE

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Singapore Commercial

(1) CBRE(2) URA

Strong pent-up demand for quality office spaces to support rents

• Grade A office rents rose 5.6% q-o-q to $8.45 psf (1) in 2Q10, the first rise after

six quarters of decline

• Rents for good quality buildings in CBD supported by “flight to quality”

Office leasing activities picking up

Full year 2009

3Q09 4Q09 1Q10 2Q10

Take-up (0.24 mil sf) 0.03 mil sf 0.3 mil sf 0.24 mil sf 0.4 mil sf

• Expansion by financial institutions and service providers such as legal and IT firms

Economic growth to sustain office demand

• Continued uptrend of office take-up brings 1H10 take-up to about 0.64 mil sf (2)

• Full year office-take-up likely to exceed 1.8 mil sf (1)

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Reduction in office supply to support capital values and rents

• New office supply from 2010 -2016 of about 3.7 million sf(2) (or 0.53 million sf per annum)

• About 1.3 million sf(1) of office space to be converted to residential use up to 2013 (e.g. Marina House, VTB Building, Starhub Centre, UIC Building and 76 Shenton Way)

Singapore’s competitiveness as choice business location

• Ranked 1st in IMD World Competitiveness Yearbook 2010

• Ranked 37th in global office occupancy cost survey in May 2010(1)

(1) CBRE(2) Excluding estimated pre-committed space of about 3.2 million sf

Singapore Commercial

Ranking City US$/sf/annum Ranking City US$/sf/annum

1 London West End, England 182.94 19 Abu Dhabi, United Arab Emirates 72.71

2 Hong Kong (Central CBD) 153.20 20 Seoul (CBD) South Korea 71.82

3 Tokyo (Inner Central), Japan 143.99 21 Frankfurt am Main, Germany 69.64

4 Mumbai, India 125.76 22 Edinburgh, United Kingdom 67.56

6 Tokyo(Outer Central), Japan 118.41 24 Dublin, Ireland 67.02

7 Paris, France 113.23 25 Stockholm, Sweden 65.68

8 London City, United Kingdom 110.07 26 New York Midtown, US 64.51

9 Dubai, United Arab Emirates 108.92 28 Rome, Italy 63.45

11 New Delhi, Inida 96.90 31 Glasgow, United Kingdom 60.73

14 Hong Kong (Citywide) 80.27 32 Madrid, Spain 60.69

16 Zurich, Switzerland 78.48 33 Shanghai (Pudong), China 60.14

18 Milan, Italy 77.93 37 Singapore 57.49(S$6.70psf/mth)

Global 50 Index (by occupancy cost in US$ psf per annum)

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Economic Growth

Favourable Demographics

Growing Middle Class

Rising Affluence

Urbanisation Trends

Home Ownership Aspirations

IMF expects Asia to continue to lead global recovery

(1) International Monetary Fund, World Economic Outlook Update, July 2010

Overseas

CountryGDP Growth

Projections for 2010 (1) Property Market

China 10.5%Government measures taking effect in cooling market and promoting sustainable growth

Vietnam 6.5%Pent-up demand for quality landed homes and mid-end segment shows signs of recovery

India 9.4%Increasing buying interest as economic and job market conditions improve

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Going Forward

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Looking Ahead

Continue to focus on developing quality residential,office and township projects

K-REIT Asia and Alpha to seek acquisitions of qualityassets in Singapore and overseas

Time residential launches to capitalise on economicrecovery

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Singapore Residential

Remaining units of Marina Bay Suites and phases of Reflections at Keppel Bay

Launch Lakeside Drive project by end-2010

Continue to seek acquisition of new sites

Launch According to Market Conditions

Lakeside Drive project

Marina Bay Suites

Reflections at Keppel Bay Lakeside Drive project

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Launch of First Eco Homes in Tianjin Eco City

Overseas Residential - China

Total : 4,995 homes plus office and retail

Phase 1 : Seasons Park (1,680 units)

• Targeted for launch in phases, starting in 2H10

Shareholding Structure:

• KLL : 55%; KCL : 45%

Keppel’s 36.6 ha site in SUA of Tianjin Eco-City

Tianjin Eco-City Entire Development

Start-up Area (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

Keppel’s 36.6 ha site

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Overseas Residential

The Botanica, Chengdu• Launch : 521 units

Central Park City, Wuxi• Launch : 293 units

8 Park Avenue, Shanghai• Launch : 260 units (Block 7 & 8 )

The Springdale, Shanghai• Launch : 581 units

Launch New Projects and Phases in 2H10

The Seasons, Shenbei, Shenyang• Launch : 270 units

Riviera Point, HCMC• Launch : 300 units

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Recent Awards

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Recent Awards

(1) Replaced Business Times Corporate Transparency Index

Transparency in The Business Times’ Governance and Transparency Index(1)

• Ranked top 2% out of 681 companies

FIABCI Prix d’Excellence 2010 Awards

• Jakarta Garden City as Runner-up in Residential (Low-Rise) Category

FIABCI Indonesia - BNI Prix d’Excellence 2010 Awards

• Jakarta Garden City won Best Middle Class Residential Development

Best Asian Marina Award 2010

• Marina at Keppel Bay won Best Asian Marina award by Asia Boating Awards

5 Gold Anchors by Marina Industries Association of Australia (2010)

• Marina at Keppel Bay 1st in Asia to be awarded an international rating scheme for excellence in services and facilities

ISO 14001 certification • For property development in Singapore, China and Vietnam, and property

management in Singapore

LEED(1) Award

• Ocean Financial Centre – Platinum level LEED-CS pre-certification

BCA Green Mark Awards • 1 Platinum (Ocean Financial Centre), 1 GoldPLUS, 16 Gold and 1 Certified

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Thank You

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Additional Slides

5-Year Financial Profile

(1) Includes gain on acquisition of additional interest in K-REIT Asia and net gain on revaluation of investment properties

(2) Includes corporate restructuring surplus of $235.2 mil from sale of ORQ and net gain of $265 mil on revaluation of investment properties less impairment provision

(3) EPS have been restated to include the effects of the rights issue in 2009 40

FY2009 FY2008 FY2007 FY2006 FY2005

Turnover ($m) 923.9 842.2 1407.9 948.0 586.4

Operating Profit ($m) 201.9 231.7 312.3 204.1 146.6

Pre-tax Profit ($m) 358.6 314.0 988.7 263.4 184.6

PATMI ($m) 280.4(1) 227.7(1) 779.7(2) 200.3 155.7

Overseas Earnings (% of PATMI) 31.5 29.5 39.7 63.6 59.0

EPS (¢)(3) 24.2 22.4 76.9 19.8 15.5

NTA/Share ($) 2.36 3.39 3.18 2.21 2.35

Net Debt/Equity Ratio (x) 0.22 0.52 0.41 1.04 1.14

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Financial Highlights – 1H 2010 vs. 1H 2009

1H 2010 1H 2009 % Chg

Turnover $361.6m $395.6m (8.6%)

EBITDA $103.6m $81.8m 26.7%

Operating Profit $99m $77m 28.6%

Pre-tax Profit $187.1m $139.1m 34.5%

Net Profit $134.7m $95.1m 41.6%

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Financial Ratios

1H 2010 1H 2009 % Chg

Net Debt / Equity Ratio 0.28x 0.23x 21.7%

EPS 9.4 cents 8.2 cents 14.6%

NTA / Share $2.40 $2.29 4.8%

Annualised ROE 7.8% 7% 11.4%

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1H 2010 1H 2009

Net Debt $1,109m $836.1m

Avg Interest Rate of Borrowings 2.1% 2.3%

% Fixed Rate Debt 30% 23%

Avg Debt Maturity 2.22 years 1.24 years

Interest Cover Ratio(1)

11.08x 8.08x

(1) Interest Cover Ratio = Profit Before Net Interest and Tax

Net Interest Cost Expensed and Capitalised 43

Healthy Balance Sheet

• Strong cash position : $0.66 billion as at end-Jun 2010

• Funds from operations and related companies

• Credit facilities and MTN programme (unutilised :US$499m)

Diversified Funding Base

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Loan Maturity Profile

Total Debt : $1.77 bn as at end-Jun 2010

14%

6%

37%

22%

2%

19%

Rolling

Due in 2015

Due in 2013

Due in 2012

Due in 2011

Due in 2H2010

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Geographical Breakdown

Asset allocation – By Geographical Location (30 Jun 2010)

Net Profit– By Geographical Location (30 Jun 2010)

Singapore63%

China28%

Vietnam6%

India1%

Others2%

Singapore59%

China18%

Indonesia8%

Vietnam10%

India1%

Others4%

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Attributable Attributable

Land Area GFA

(%) (sf) (sf)

Site at Lakeside Dr Lakeside Dr 100% 99-yr 173,486 607,208 629

Keppel Bay Plot 3 Keppel Bay 30% 99-yr 125,366 152,999 307

Keppel Bay Plot 4 Keppel Bay 11.7% 99-yr 35,992 40,300 234

Keppel Bay Plot 6 Keppel Bay 30% 99-yr 141,429 67,813 94

Total 476,273 868,320 1,264

Project Location KLL's

Stake

Tenure Estimated

No. of

Units

Singapore Residential Landbank

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47(1) New launches

Units to Launch 2010 2011 2012

8 Park Avenue, Shanghai 260 134 -

Villa Riviera, Shanghai 4 - -

The Botanica, Chengdu 521 1,596 1,500

The Arcadia, Tianjin 24 - -

Central Park City, Wuxi 293 930 650

Stamford City, Jiangyin - 352 306

The Seasons, Shenyang 1 270 540 1,200

The Springdale, Shanghai 581 712 783

Integrated Marina Lifestyle Devt, Zhongshan 1 - 100 452

Serenity Cove (Ph 3), Tianjin 139 100 101

Tianjin Eco-City (36.6ha) 1 1,000 1,500 1,500

Shenyang Hunnan site 1 - 587 587

Total 3,092 6,551 7,079

China Residential Launches

48(1) New launches

Units to Launch 2010 2011 2012VietnamSaigon Sports City, HCMC 1 - - 355The Estella, Dist. 2, HCMC 128 145 300Riviera Point, Dist7, HCMC 1 300 400 368Waterfront Township, Dong Nai Province 1 - - 100Prime (Condo), Dist. 2, HCMC 1 - - 350Riviera Cove(Villa), Dist 9, HCMC 13 7 -South Rach Chiec, Dist 2, HCMC 1 - 300 400Riviera Gardens, Dist 12, HCMC 1 - 87 87ThailandVilla Arcadia at Srinakarin, Bangkok 33 50 50Villa Arcadia at Watcharapol, Bangkok 26 30 30IndiaElita Promenade, Bangalore 78 139 -Elita Horizon, Bangalore 1 - 187 400Elita Garden Vista, Kolkata 79 244 233IndonesiaJakarta Garden City 173 289 167Middle EastAl Mada Towers, Jeddah, Saudi Arabia 1 350 300 300

Total 1,180 2,178 3,140

Other Overseas Residential Launches

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China Residential Landbank

(1) Excludes commercial area(2) Includes commercial area

Site Location KLL's StakeTotal Land

Area Total GFA Remaining Area Remaining Units

(%) (sm) (sm) For Sale (sm) For Sale

8 Park Avenue Shanghai 99% 33,432 133,393 65,233 394

Park Avenue Central Shanghai 99% 28,488 99,708 99,708 708

Villa Riviera Shanghai 99% 153,726 53,796 2,843 4

The Arcadia Tianjin 100% 127,970 74,826 10,689 24

Central Park City Wuxi 49.7% 352,534 671,053 2 392,561 1 3,226

The Botanica Chengdu 44.1% 419,775 1,042,846 1 404,312 1 4,216

Stamford City Jiangyin 82.9% 82,987 314,923 2 245,704 2 877

The Seasons Shenyang 100% 348,312 499,373 487,032 4,748

Shenyang Hunnan site Shenyang 99.8% 302,681 756,580 756,580 5,695

The Springdale Shanghai 99% 264,090 328,792 2 303,499 1 2,588

Integrated Marina Lifestyle Devt Zhongshan 80% 858,004 432,166 422,166 1,776

Serenity Cove P3 Tianjin 85.4% 128,685 80,000 79,800 340

Tianjin Mixed Dev Tianjin 100% 1,666,665 1,358,202 1,358,202 11,299

Tianjin Eco-City Tianjin 55% 365,708 684,500 684,500 4,995

Total 5,133,057 6,530,158 5,312,829 40,890

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Other Overseas Residential Landbank

(1) Excludes commercial area(2) Includes commercial area

Country Site KLL's stake Total Land Area Total GFARemaining Area

for SaleRemaining Units for Sale

(sm) (sm) (sm)

India Elita Promenade 51% 96,618 193,237 30,237 214Elita Horizon 51% 79,177 150,680 150,680 1,138Elita Garden Vista 37.74% 93,998 195,355 123,388 791

Sub-total 269,793 539,272 304,305 2,143Indonesia Jakarta Garden City - Phase 1 51% 271,223 140,658 85,159 471

- Remaining phases 917,219 632,126 970,265 5,822Sub-total 1,188,442 772,784 1,055,424 6,293

Thailand Villa Arcadia at Srinakarin 45.5% 159,706 84,440 65,968 208Villa Arcadia at Watcharapol 66.7% 124,912 68,314 80,474 253

Sub-total 284,618 152,754 146,442 461Vietnam

Saigon Sports City, HCMC 90% 640,477 688,180 2 298,786 1 2,318The Estella, HCMC 55% 47,906 279,851 2 144,645 1 941Riviera Point, Dist. 7, HCMC 75% 89,712 447,079 2 293,676 1 2,400Waterfront Township, Dong Nai Province 50% 3,667,127 1,979,727 2 1,802,771 1 10,156Prime (Condo), Dist. 2, HCMC 60% 51,000 244,800 2 166,464 1 1,500Riviera Cove(Villa), Dist. 9, HCMC 60% 97,000 34,711 13,662 20South Rach Chiec, Dist 2, HCMC 42% 300,000 995,000 2 641,750 1 4,700Riviera Gardens, Dist. 12, HCMC 60% 113,098 40,715 56,549 174

Sub-total 5,006,320 4,710,063 3,418,303 22,209Middle East

Al Mada Towers, Jeddah, Saudi Arabia 51% 36,236 253,652 253,652 993Sub-total 36,236 253,652 253,652 993

Philippines Palmdale Heights(Ph2), Manila 30.9% 15,976 62,751 62,751 1,264SM-KL Residential Devt. Manila 24.2% 7,068 56,000 56,000 430

Sub-total 23,044 118,751 118,751 1,694

Total 6,808,453 6,547,276 5,296,877 33,793

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51Source: LTA as at 3 May 2010DTL 1 & DTL 2 : Its schematic profile, alpha-numeric codes and end destination numbers are subjected to confirmation

• MadisonResidences

• Marina Bay Financial Centre

• Marina Bay Suites

• Marina Bay Residences

• 11 new Circle-Line Stations were opened on 17th April 2010

Developments to Benefit from MRT Lines

• Site at LakesideDrive

•Reflections at Keppel Bay

•Caribbean at Keppel Bay Sentosa Island

52Properties held under K-REIT Asia : Keppel Towers & GE Tower, Bugis Junction Towers, Prudential Tower(73.4% interest) and One Raffles Quay (1/3 interest)

MBFC and OFC to continue benefiting from flight to quality with new Grade A office buildings

Prime location close to major MRT stations and expressways

Continue to attract more commitments before completion and new tenants for existing buildings

Singapore Commercial

Continue To Benefit from Economic Recovery

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Overseas – China

Sale of 10% interests in Singapore Tianjin Eco-City to Singbridge International Singapore(1)

Tianjin Eco-City shareholding structure(2) :

(1) A wholly-owned subsidiary of Temasek Holdings Ltd

(2) Summarised graphical representation and not the legal representation of the shareholding structure

Tianjin Eco-City (JV)

50% 50%

45% 35% 20%

Registered Capital : RMB 4 billion

Singapore Consortium

Keppel Integrated EngineeringKeppel Corporation Keppel Land

Chinese Consortium

Singbridge Int’l S’pore

90% 10%

Sino-Singapore Tianjin Eco-City

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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.