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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 Parkway Life REIT)
Date & Time of Broadcast	29-Oct-2007 12:36:14
Announcement No.	00024

>> Announcement Details

The details of the announcement start here ...

>> PART I

1.

Date of notice to issuer *

26-10-2007

2.

Name of Substantial Shareholder *

Matthews International Capital Management, LLC

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 Deemed Interest

26-10-2007

2.

Name of Registered Holder

Brown Brothers Harriman & Co. (26,900,280 shares)*, The Bank of New York (9,847 shares)*, JP Morgan (124,686 shares)*, CIBC Mellon (3,548,187 shares)*. * For the benefit of accounts managed by Matthews International Capital Management, LLC. Share amounts are as of 26/10/2007.

3.	Circumstance(s) giving rise to the interest or change in interest	# Others
	# Please specify details	Pruchase for investment purposes only.

4.	Information relating to shares held in the name of the Registered Holder
	No. of Shares held before the change 29,783,000   As a percentage of issued share capital 4.95 %   No. of Shares which are subject of this notice 800,000   As a percentage of issued share capital 0.14 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.23     No. of Shares held after the change 30,583,000   As a percentage of issued share capital 5.09 %

>> PART III

1.

Date of change of [Select Option]

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	29,783,000
As a percentage of issued share capital	0 %	4.95 %
No. of shares held after the change	0	30,583,000
As a percentage of issued share capital	0 %	5.09 %

Footnotes

Note: Where reference is made to shares, it refers to the units in Parkway Life REIT. 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.