MASNET : Joint Company Secretaries, K-REIT Asia Management Limited (As manager of K-REIT Asia)

K-REIT ASIA

Pursuant to Rule 704(11) of the Listing Manual of the Singapore Exchange Securities Trading Limited, K-REIT Asia Management Limited (the "Company"), being the manager of K-REIT Asia, confirms that there are no persons occupying managerial positions in the Company, or any of its principal subsidiaries, who is a relative of a director, chief executive officer or substantial shareholder of the Company or substantial unitholder of K-REIT Asia.