LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

Certain fees and chargesThe following is a summary of the amounts of certain fees and charges payable by the Unitholders inconnection with the subscription for the Units (so long as the Units are listed):Payable by the Unitholders directlyAmount payable(a) Subscription fee or preliminary charge . . . N.A. (1)(b) Realisationfee..................... N.A. (1)(c) Switchingfee...................... N.A. (1)(d) Any other fee . . . . . . . . . . . . . . . . . . . . . . Clearing fee for trading of Units on the SGX-ST at therate of 0.04% of the transaction value, subject to amaximum of S$600.00 per transaction.Note:(1) As the Units will be listed and traded on the SGX-ST and Unitholders will have no right to request theManager to redeem their Units while the Units are listed, no subscription fee, preliminary charge,realisation fee or switching fee is payable in respect of the Units.The following is a summary of certain fees and charges payable by LMIR Trust in connection with theestablishment and ongoing management and operation of LMIR Trust:Payable by LMIR TrustAmount payable(a) Management fees . . . . . . . . . . . .(b) Trustee’s fee . . . . . . . . . . . . . . . .Base Fee0.25% per annum of the value of the Deposited Property.Performance Fee4.0% per annum of LMIR Trust’s NPI in the relevant financialyear (calculated before accounting for this additional fee in thatfinancial year).Authorised Investment Management Fee0.5% per annum of the value of Authorised Investments whichare not real estate (whether held directly by LMIR Trust orindirectly through one or more Special Purpose Vehicles(“SPVs”)). Where such Authorised Investment is an interest ina property fund (either a REIT or private property fund) whollymanaged by a wholly-owned subsidiary of the Sponsor, noAuthorised Investment Management Fee shall be payable inrelation to such Authorised Investment.Management Fee to be paid in cash or UnitsThe Manager may elect to receive the management fees in cashor Units or a combination of cash and Units (as it may in its solediscretion determine). For Forecast Period 2007, Projection Year2008 and Projection Year 2009, the Manager has opted toreceive 100% of the Performance Fee in the form of Units.(See “The Manager and Corporate Governance—ManagementFees”.)A maximum of 0.03% per annum of the value of the DepositedProperty, subject to a minimum of S$15,000 per month,excluding out-of-pocket expenses and GST.LMIR Trust will also pay the Trustee a one-time inception fee ofS$25,000.The Trustee’s fee will be subject to review three years from theListing Date.52