Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT")

RENOUNCEABLE RIGHTS ISSUE OF 80,000,250 NEW UNITS IN HEKTAR REIT ("RIGHTS UNITS") ON THE BASIS OF ONE (1) RIGHTS UNIT FOR EVERY FOUR (4) EXISTING UNITS HELD IN HEKTAR REIT

We refer to the announcements dated 8 December 2011, 20 January 2012, 15 May 2012, 28 May 2012, 15 June 2012, 20 June 2012 and 5 July 2012 respectively in relation to, amongst others, the Rights Issue (collectively referred to as the "Earlier Announcements") and the Circular to the Unitholders dated 20 June 2012 ("Circular"). Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the Earlier Announcements and Circular.


On behalf of the Board, ECM Libra wishes to announce the following:

(i) the issue price of the Rights Units has been fixed at RM1.23 per Rights Unit. The issue price of RM1.23 per Rights Unit represents a discount of approximately 14% to the TERP of the Units of RM1.43, calculated based on the five (5)-day VWAP of the Units traded on Bursa Securities up to and including 14 August 2012, being the last trading date immediately preceding the price-fixing date, of RM1.48.

(ii) HAMSB and AmTrustee Berhad have, on 14 August 2012, entered into an underwriting agreement with ECM Libra and Kenanga Investment Bank Berhad, for the underwriting of 23,025,250 Rights Units, being the remaining Rights Units not covered by the Substantial Unitholders' undertakings.


Please refer to the separate announcements made by Hektar REIT on 15 August 2012 for details of the entitlement date and other important relevant dates in relation to the Rights Issue.


This announcement is dated 15 August 2012.