(Unless stated otherwise, all expressions used in this announcement shall carry the same meanings as defined in the announcement dated 8 December 2011.)

We refer to the announcement dated 8 December 2011.

On behalf of the Board of Directors of Hektar Asset Management Sdn. Bhd., the Manager of Hektar REIT, ECM Libra Investment Bank Berhad is pleased to announce that the application to the Securities Commission in respect of the Proposals has been submitted today.

This announcement is dated 20 January 2012.