Insider Trades

Remarks
Purchase for investment purposes only.

Remarks
(1) Pursuant to a unit lending agreement dated 7 August 2007 between Parkway Investments Pte Ltd ("PIPL)" and UBS AG, the latter had borrowed 43,329,000 units in Parkway Life REIT. The change in UBS AG's interest in Parkway Life REIT's units shares arises from redelivery of the borrowed units with units acquired through price stabilisation activities (32,232,000 units) and the partial exercise of the over-allotment option granted by PIPL (11,097,000 units). (2) Decrease in positions held on behalf of prime brokerage clients by 500,000 units.

Remarks
Deemed interest in Newbridge Asia Genpar III, L.P. and associated with Parkway Investments Pte. Ltd. The changes arise from changes in Parkway Investments Pte. Ltd.'s interest in Parkway Life REIT. Pursuant to a unit lending agreement dated 7 August 2007, UBS AG, acting through its business group UBS Investment Bank ("UBS"), had borrowed an aggregate of 43,329,000 Units (the "Loaned Units") from Parkway Investments Pte Ltd ("Parkway Investments"), a wholly-owned subsidiary of Parkway Holdings Ltd. UBS has, in consultation with Citigroup Global Markets Singapore Pte. Ltd.(together with UBS, the "Underwriters"), exercised the over-allotment option (the "Over-allotment Option") granted by Parkway Investments to the Underwriters, to purchase from Parkway Investments an aggregate of 11,097,000 Units to cover the over-allotment of Units. UBS's obligation to re-deliver the Loaned Units is deemed to be discharged to the extent of the 11,097,000 Units in respect of which the Over-allotment Option has been exercised. The remainder of the 32,232,000 Units will be returned to Parkway investments by UBS. Following the completion of the above transactions, under Section 4 of the Securities and Futures Act Chapter 289 of Singapore, Newbridge Asia Advisors III, Inc. is deemed interested in 270,150,264 Units.

Remarks
Pursuant to the exercise of the over-allotment option in part by UBS AG, acting through its business group, UBS Investment Bank solely for the purposes of covering the balance of 11,097,000 units in Parkway Life Real Estate Investment Trust ("Parkway Life REIT") which had been over-allocated in connection with the initial public offering of Parkway Life REIT, and which were not covered by purchases made under the price stabilising action.

Remarks
(1) UBS AG, acting through its business group, UBS Investment Bank has exercised the over-allotment option granted by Parkway Investments Pte Ltd in part on 6 September 2007, in respect of 11,097,000 units, solely for the purposes of covering the balance of the 11,097,000 units which had been over-allocated in connection with the initial public offering of Parkway Life REIT, and which were not covered by purchases made under the price stabilising action. (2) Deemed interests of 43,329,000 units in Parkway Life REIT arising from the over-allotment option granted by Parkway Investments Pte Ltd has ceased. (3) Decrease in positions held on behalf of prime brokerage positions by 1,742,000 units.

Remarks

Remarks
On 3 September 2007, UBS AG, acting through its business group, UBS Investment Bank, purchased an additional 2,458,000 units as part of its price stabilising actions effected to stabilise or maintain the market price of the units in connection with the initial puiblic offering of ParkwayLife REIT.

Remarks

Remarks

Remarks
On 29 August 2007, UBS AG, acting through its business group, UBS Investment Bank, purchased an additional 3,000,000 units as part of its price stabilising actions effected to stabilise or maintain the market price of the units in connection with the initial public offering of ParkwayLife REIT.

Remarks
Decrease in positions held on behalf of various prime brokerage clients.

Remarks
1. On 24 August 2007, UBS AG, acting through its business group, UBS Investment Bank, purchased an additional 6,000,000 units as part of its price stabilising actions effected to stabilise or maintain the market price of the units in connection with the initial public offering of PLREIT. 2. Decrease in positions held on behalf of various prime brokerage clients. 3. Sale of PLREIT units held by UBS AG for client facilitation purposes.

Remarks

Remarks
Deemed interest in Newbridge Asia Genpar III, L.P. and associated with Parkway Investments Pte Ltd. TPG Parkway, L.P. and TPG Parkway III, L.P. are registered holders of 29,587,528 Units and 27,305,736 Units respectively. Parkway Investments Pte Ltd is the registered holder of 224,354,000 Units. Under Section 4 of the Securities and Futures Act Chapter 289 of Singapore, Newbridge Asia Advisors III, Inc is deemed to be interested in 281,247,264 Units.

Remarks
Deemed interest in Blum G.A. III LLC. TPG Parkway, L.P. and TPG Parkway III, L.P. are registered holders of 29,587,528 Units and 27,305,736 Units respectively. Under Section 4 of the Securities and Futures Act Chapter 289 of Singapore, Richard Blum is deemed to be interested in 56,893,264 Units.

Remarks
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.

Remarks
(1) On 24 August 2007, UBS AG, acting through its business group, UBS Investment Bank, purchased an additional 6,000,000 shares as part of its price stabilising actions effected to stabilise or maintain the market price of the shares in connection with the initial public offering of Parkway Life REIT. (2) Decrease in positions held on behalf of various prime brokerage clients. (3) Sale of Parkway Life REIT shares held by UBS AG for client facilitation purposes.

Remarks
Subscriptions in the initial public offering of Parkway Life REIT. SIML is the investment manager to Symphony International Holdings Limited ("SIHL"). Britten is a wholly-owned subsidiary of Lennon Holdings Limited ("Lennon"), and Lennon is a wholly-owned subsidiary of SIHL. Accordingly, SIML may have a deemed interest in the units held by Britten.

Remarks
Subscriptions in the initial public offering of ParkwayLife REIT. Anil Thadani is a substantial shareholder of Symphony Investment Managers Limited, the investment manager to Symphony International Holdings Limited ("SIHL"). Britten is a wholly-owned subsidiary of Lennon Holdings Limited ("Lennon") and Lennon is a wholly-owned subsidiary of SIHL. Accordingly, Anil Thadani may have a deemed interest in the units held by Britten.

Remarks
Subscriptions in the initial public offering of Parkway Life REIT.

Remarks
Subscriptions in the initial public offering of ParkwayLife REIT. Sunil Chandiramani is a substantial shareholder of Symphony Investment Managers Limited, the investment manager to Symphony International Holdings Limited ("SIHL"). Britten is a wholly-owned subsidiary of Lennon Holdings Limited ("Lennon"), and Lennon is a wholly-owned subsidiary of SIHL. Accordingly, Sunil Chandiramani may have a deemed interest in the units held by Britten.

Remarks