Completion Of Acquisition Of 135 Joo Seng Road

MacarthurCook Investment Managers (Asia) Limited ("MCKIM"), the Manager of MacarthurCook Industrial REIT ("MI-REIT"), refers to its announcement on 29 November 2007 in relation to the acquisition of the property at 135 Joo Seng Road.

The Manager is pleased to announce that the acquisition was completed today.