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Notice Of Cessation Of Substantial Shareholding

Part I
1.	Date of notice to issuer	19/11/2009
2.	Name of Substantial Shareholder	Invesco Hong Kong Limited (in its capacity as manager/advisor of various accounts)**
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	17/11/2009
2.	The change in the percentage level	From 5.01 % To 4.88 %
3.	Circumstance(s) giving rise to the interest or change in interest	# Others Sale of 774,500 shares on 17 November 2009 for investment purpose
4.	A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:	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 30,218,000 As a percentage of issued share capital 0 % 5.01 % No. of shares held after the change 0 29,443,500 As a percentage of issued share capital 0 % 4.88 % Footnotes Notes: Where reference is made to shares, it refers to the units in Parkway Life REIT. UBS AG, acting through its business group, UBS Investment Bank ("UBS") was the sole financial advisor and manager to the initial public offering. Citigroup Global Markets Singapore Pte. Ltd. and UBS were the joint global co-ordinators, joint bookrunners and joint lead underwriters to the initial public offering of Parkway Life REIT. Percentages calculated based on 603,736,267 issued units in Parkway Life REIT . **The disclosure notice is filed on the basis of the group holding level.