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Investor relationsInvestors’ interest in Keppel Land hasgrown due to the Company’s participationin high profile developments in Singapore,the listing of K-REIT Asia and strongfundamentals supporting growth ofresidential markets in the region.Fostering strong relationships with stakeholdersKeppel Land places great importance in achieving andadhering to best-in-class practices in corporate governanceand disclosure. In line with this guiding principle, topmanagement makes great efforts to reach out to investorsby constantly engaging in proactive, timely, open andclear communication with the investment community atlarge. Such effective ways of communication will enableinvestment professionals such as analysts and fundmanagers as well as local and foreign investors to betterunderstand the Company’s business models and growthstrategies, and to allow management to better managemarket perceptions and expectations, and to address issuesof concern to investors.Strong investors’ interest driven by positive developmentsTop management and the investor relations team at KeppelLand had a busy and fruitful year in 2006. The number ofmeetings held with both buy-side and sell-side analysts aswell as fund managers has increased significantly duringthe year. Investors’ interest in Keppel Land has grown dueto the Company’s participation in high-profile developmentssuch as the Marina Bay Financial Centre (MBFC) in the newdowntown and the iconic waterfront residential developmentReflections at Keppel Bay, and the establishment and listingof K-REIT Asia, a commercial real estate investment trust(REIT) sponsored by the Company.In the region, strong fundamentals have supported sales ofKeppel Land’s residential developments as homeownershipaspirations are underpinned by economic growth, favourabledemographics, a growing middle class and urbanisation.The revival of the Singapore residential and office markets, andinflux of funds from the US and Europe into Asian real estatehave also sparked strong interest among investors in propertycompanies. In total, management had more than 180 meetingsin Singapore with analysts and fund managers in 2006.Garnering support for REIT establishmentPrior to the listing of K-REIT Asia in April 2006, Keppel Landmade special efforts to explain to its shareholders andinvestors the rationale for setting up the commercial REITand distributing the units to shareholders.56 Investor relationsKeppel Land LimitedReport to Shareholders 2006