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News

Notice Of A Substantial Shareholder's Interest

BackMar 15, 2010

Part I

Date of notice to issuer

15/03/2010

Name of Substantial Shareholder

Malvinder Mohan Singh ("MMS")

Notice Type

Notice of a New Substantial Shareholder's interest.

Part II

Date of change of Interest

11/03/2010

Name of Registered Holder

Parkway Investments Pte Ltd ("PIPL") and Parkway Trust Management Limited ("PTML")

Circumstance(s) giving rise to the interest or change in interest

# Others

PIPL and PTML are both wholly-owned subsidiaries of Parkway Holdings Limited ("Parkway").

Fortis Global Healthcare (Mauritius) Limited ("FGHL") has a deemed interest in the units of Parkway Life REIT, by virtue of its deemed interest in more than 20 per cent of the total issued shares of Parkway to be acquired by FGHL.

FGHL is a wholly-owned subsidiary of Fortis Healthcare International Limited ("FHIL"). FHIL is wholly-owned by International Hospital Limited, which is in turn wholly-owned by Fortis Healthcare Limited ("FHL"). Fortis Healthcare Holdings Limited ("FHHL") owns 76% of the shares of FHL. Malav Holdings Private Limited, a company which is owned as to 100% by MMS, owns 50% of the shares of FHHL. Accordingly, MMS is deemed to have an interest in FGHL's deemed interest in the units of Parkway Life REIT.

Information relating to shares held in the name of the Registered Holder

No. of Shares held before the change	0
As a percentage of issued share capital	0 %
No. of Shares which are subject of this notice	215,840,311
As a percentage of issued share capital	35.74 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0
No. of Shares held after the change	215,840,311
As a percentage of issued share capital	35.74 %

Part III - Not Required

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	0
As a percentage of issued share capital	0 %	0 %
No. of shares held after the change	0	215,840,311
As a percentage of issued share capital	0 %	35.74 %
Footnotes	(i) Percentage of issued units before and after the change is based on the total number of issued units of Parkway Life REIT as at 22 January 2010, being 604,001,311 units. (ii) Information on Parkway's deemed interest in Parkway Life REIT is based on the announcement regarding "Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest" released by Parkway Life REIT on 22 January 2010 (Announcement No. 00013) in respect of the change in the percentage level of Parkway's deemed interest on 22 January 2010.