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Notice Of Cessation Of Substantial Shareholding

BackAug 19, 2010
Part I
1. Date of notice to issuer 19/08/2010
2. Name of Substantial Shareholder Fortis Healthcare Holdings Limited ("FHHL")
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 18/08/2010
2. The change in the percentage level From 35.77 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

FHHL and its indirect subsidiary, Fortis Global Healthcare (Mauritius) Limited ("FGHML"), were deemed interested in the units of Parkway Life Real Estate Investment Trust ("Parkway Life REIT") which Parkway Holdings Limited ("Parkway") has an interest through Parkway's wholly-owned subsidiaries, Parkway Investments Pte Ltd and Parkway Trust Management Limited, by virtue of Section 7 of the Companies Act, Cap. 50.

Pursuant to the acceptance by FGHML of the voluntary conditional cash general offer by CIMB Bank Berhad, Singapore Branch and Deutsche Bank AG, Singapore Branch for and on behalf of Integrated Healthcare Holdings Limited to acquire shares in Parkway in respect of all its shares in Parkway, FGHML, and consequently, FHHL ceased to have any shareholding interests in Parkway on 18 August 2010. Accordingly. FGHML and FHHL ceased to be interested in Parkway's deemed interests in the units of Parkway Life REIT.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: A transaction
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 216,256,368
As a percentage of issued share capital 0 % 35.77 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %
Footnotes Notes:

(i) The above unitholding percentages are based on 604,495,368 issued units in Parkway Life REIT as at 5 August 2010.

(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 6 August 2010 (Announcement No. 00007) in respect of the change in the percentage level of Parkway's deemed interest on 5 August 2010.