Notice Of Cessation Of Substantial Shareholding

BackDec 26, 2008
Part I
1. Date of notice to issuer 24/12/2008
2. Name of Substantial Shareholder Great Eastern Holdings Limited ("GEH")
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 23/12/2008
2. The change in the percentage level From 5.39 % To 4.74 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

GEH's subsidiary, Lion Global Investors Limited ("Lion Global") manages discretionary fund management accounts and has a deemed interest in these units that it has the discretion to exercise voting rights. As a result of sale of units in MI-REIT for these accounts on 23 December 2008, the aggregate holding of these accounts in MI-REIT was reduced to 12,381,000 units or 4.74%. Accordingly, Lion Global and also GEH ceased to be a substantial unitholder of MI-REIT.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 14,088,000
As a percentage of issued share capital 0 % 5.39 %
No. of shares held after the change 0 12,381,000
As a percentage of issued share capital 0 % 4.74 %

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