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

Part I
1.	Date of notice to issuer	16/08/2012
2.	Name of Substantial Shareholder	Parkway Pantai Limited
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	16/08/2012
2.	The change in the percentage level	From 35.768 % To 35.774 %
3.	Circumstance(s) giving rise to the interest or change in interest	# Others Issuance of 31,972 units to Parkway Trust Management Limited ("PTML"), a wholly-owned subsidiary of Parkway Holdings Limited, being payment of an acquisition fee for a property acquired by 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 0 216,399,414 As a percentage of issued share capital 0 % 35.768 % No. of shares held after the change 0 216,431,386 As a percentage of issued share capital 0 % 35.774 % Footnotes Notes: (1) Percentages calculated based on 605,002,386 issued units in Parkway Life REIT as at 16 August 2012. (2) Parkway Pantai Limited is deemed interested in the units of Parkway Life REIT by virtue of it holding more than 20 per cent of the total issued share capital of Parkway Holdings Limited.