INTERIM REPORT - The Link REIT

CONSOLIDATED STATEMENT OF DISTRIBUTIONSFor the six months ended 30 September 2011NoteSix monthsended30 September2011(Unaudited)HK$’MSix monthsended30 September2010(Unaudited)HK$’M(Restated)Profit for the period, before transactions with Unitholders 4,692 4,438Adjustments:Change in fair values of investment properties (3,272) (3,259)Other non-cash income - (7)Total Distributable Income (Note (i)) 1,420 1,172Interim distribution for the period, to be paid to the Unitholders(Note (ii)) 1,420 1,172As a percentage of Total Distributable Income 100% 100%Units in issue as at 30 September 20 2,249,540,808 2,217,446,050Distribution per unit to Unitholders for the period (Note (iii)) HK63.11 cents HK52.86 centsThe notes on pages 46 to 67 are an integral part of these condensed consolidated interim financial information.Notes:(i)Under the terms of the Trust Deed, the Total Distributable Income is the consolidated profit after taxation attributable to Unitholders (equivalent toprofit for the period, before transactions with Unitholders) adjusted to eliminate the effects of certain non-cash adjustments which have been recordedin the condensed consolidated income statement for the relevant period.(ii) Pursuant to the Trust Deed, The Link Real Estate Investment Trust is required to ensure that the total amount distributed to Unitholders asdistributions for each financial period shall be no less than 90% of Total Distributable Income, plus at its discretion, any other additional amount thatthe Manager determines is distributable. The Manager has decided to distribute 100% of Total Distributable Income as the distribution for the sixmonths ended 30 September 2011 (2010: 100%). The interim distribution will be paid to Unitholders on or about 13 January 2012.(iii) The interim distribution per unit of HK63.11 cents for the six months ended 30 September 2011 is calculated based on the interim distribution ofHK$1,420 million for the period and 2,249,540,808 units in issue as at 30 September 2011. The interim distribution per unit of HK52.86 cents for the sixmonths ended 30 September 2010 was calculated based on the interim distribution of HK$1,172 million for the period and 2,217,446,050 units in issueas at 30 September 2010.42The Link Real Estate Investment Trust