This printed article is located at http://plifereit.listedcompany.com/news.html

News

Notice Of A Substantial Shareholder's Interest

Notice of a Substantial Shareholder's Interest *

* Asterisks denote mandatory information

 

"DISCLAIMER:- This announcement was prepared and issued by the belowmentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement."

Name of Announcer *	PARKWAYLIFE REIT
Company Registration No.	N.A.
Announcement submitted on behalf of	PARKWAYLIFE REIT
Announcement is submitted with respect to *	PARKWAYLIFE REIT
Announcement is submitted by *	Ho Li Li
Designation *	Company Secretary, Parkway Trust Management Limited (as manager of ParkwayLife REIT)
Date & Time of Broadcast	28-Aug-2007 17:55:55
Announcement No.	00096

>> Announcement Details

The details of the announcement start here ...

>> PART I

1.

Date of notice to issuer *

28-08-2007

2.

Name of Substantial Shareholder *

Tarrant Advisors, Inc.

3.	Please tick one or more appropriate box(es): *
	Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]

>> PART II

1.

Date of change of Interest

23-08-2007

2.

Name of Registered Holder

TPG Parkway, L.P., TPG Parkway III, L.P., TPG Parkway IV, L.P.

3.	Circumstance(s) giving rise to the interest or change in interest	# Others
	# Please specify details	Deemed interest by virtue of being associated with Newbridge Asia Advisors III, Inc. and Newbridge Asia Advisors IV, Inc.. TPG Parkway, L.P., TPG Parkway III, L.P.,TPG Parkway IV, L.P. are registered holders of 29,587,528 Units, 27,305,736 Units and 27,305,736 Units respectively. Under Section 4 of the Securities and Futures Act Chapter 289 of Singapore, Tarrant Advisors, Inc. is deemed to be interested in 84,199,000 Units.

4.	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 84,199,000   As a percentage of issued share capital 14 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.28     No. of Shares held after the change 84,199,000   As a percentage of issued share capital 14 %

>> PART III

1.

Date of change of Interest

2.

The change in the percentage level

From % To %

3.	Circumstance(s) giving rise to the interest or change in interest	[Select Option]
	# Please specify details

4.

A statement of whether the change in the percentage level is the result of a transaction or 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	0
As a percentage of issued share capital	0 %	0 %
No. of shares held after the change	0	84,199,000
As a percentage of issued share capital	0 %	14 %

Footnotes

Note: 1) Where reference is made to shares, it refers to the units in Parkway Life REIT. 2) The percentage of issued units held is calculated based on 601,418,000 units in issue as at 23 August 2007. Citigroup Global Markets Singapore Pte. Ltd. and UBS AG, acting through its business group, UBS Investment Bank were the joint global co-ordinators, joint bookrunners and joint lead underwriters to the initial public offering of Parkway Life REIT.