First Interim Dividend of 2.4 cents gross per HEKTAR REIT unit for the financial quarter ending 31 March 2007. Witholding tax will be deducted for distribution made to the following types of unitholders :-Resident individual (Witholding tax at 15%);Non-resident individual (Witholding tax at 15%);Resident institutional investors (Witholding tax at 20%); Non resident institutional investors (Witholding tax at 20%);Resident companies (No witholding tax. Subject to corporate tax at prevailing rate of 27%); Non-resident companies (Witholding tax at 27% (Year of Assessment 2007).

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 16 May 2008 ]

2) The last date of lodgement : [ 21 May 2008 ]

3) Date Payable : [ 3 June 2008 ]