Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

Based on the financial year ended 31 December 2011Pro-forma DPU and distribution yieldThe pro forma financial effects of (i) the Recent Acquisitions, (ii) the Recent Acquisitionsand the Pejaten Village Acquisition, (iii) the Recent Acquisitions and the Binjai SupermallAcquisition, and (iv) the Recent Acquisitions and the Proposed Acquisitions on the DPUand distribution yield for LMIR Trust for FY2011, as if LMIR Trust had purchased therelevant properties on 1 January 2011, and held and operated the relevant properties throughto 31 December 2011, respectively, are as follows:December 2011Portfolio withDecember 2011 RecentPortfolio (1) AcquisitionsDecember 2011Portfolio withRecentAcquisitions andPejaten VillageDecember 2011Portfolio withRecentAcquisitions andBinjai SupermallDecember 2011Portfolio withRecentAcquisitions andProposedAcquisitionsDistributable income (S$'000) (2) 47,446 46,508 45,186 45,151 43,829Units in issue and to be issued 2,174,682,008 2,175,947,722 (3) 2,176,619,151 (3) 2,176,076,294 (3) 2,176,747,722 (3)DPU (Cents) (4) 2.18 2.14 2.08 2.07 2.01Distribution yield (5) 6.23% 6.11% 5.93% 5.93% 5.75%Notes:(1) Based on the FY2011 Audited Consolidated Financial Statements.(2) Distributable income includes Unitholders' distribution from operations and return of capital.(3) The number of Units is arrived at after taking into account the new Units to be issued in payment of theperformance fee as a result of additional Net Property Income after the relevant acquisitions.(4) The DPU is derived at by taking into account the distributable income for FY2011, divided by the total number ofUnits in issue and to be issued as at 31 December 2011.(5) The distribution yield is derived at by taking into account the DPU for FY2011, divided by the closing price as at31 December 2011 of S$0.35.A-13