| Announcement Title | Asset Acquisitions and Disposals |
| Announcement Subtitle | Circular to Unitholders |
| Securities | FIRST REAL ESTATE INV TRUST (FREIT) FIRST REIT S$100M4.125%N180522 (FREITN18) |
| Date & Time of Broadcast | Dec 14, 2015 7:13 |
| Submitted By | Dr Ronnie Tan Keh Poo Chief Executive Officer |
| Description | Please see attachment. |