Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackAug 22, 2008
Part I
1. Date of notice to issuer 21/08/2008
2. Name of Substantial Shareholder Oversea-Chinese Banking Corporation Limited ("OCBC")
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 20/08/2008
2. The change in the percentage level From 6.94 % To 7.30 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

OCBC's subsidiary, Lion Global Investors Limited (previously known as Lion Capital Management Limited) ("Lion Global") manages discretionary fund management accounts and invests in units ('units") of MI-REIT from these accounts. There were purchases of units and the aggregate holding of the accounts which give Lion Global the discretion to exercise voting rights has been increaed from 18,128,000 units to 19,064,000 units as at 20 August 2008. Lion Global is deemed to be interested in 19,064,000 units in the capital of MI-REIT and hence has a deemed interest in these units.

Accordingly, OCBC has a deemed interest in these units.
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 18,128,000
As a percentage of issued share capital 0 % 6.94 %
No. of shares held after the change 0 19,064,000
As a percentage of issued share capital 0 % 7.30 %

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