Change Of Registered Address

Bowsprit Capital Corporation Limited, as manager of First Real Estate Investment Trust ("First REIT", and as manager of First REIT, the "Manager"), wishes to announce that the registered office of the Manager will be changed to 50 Collyer Quay #06-01 OUE Bayfront Singapore 049321 with effect from 1 September 2011.


By Order of the Board
Dr Ronnie Tan Keh Poo
Chief Executive Officer
Bowsprit Capital Corporation Limited
(Company Registration No: 200607070D)
As Manager of First Real Estate Investment Trust

29 August 2011