Untitled - Mapletree Logistics Trust

The Offering
MLT MLT is a real estate investment trust established in Singapore and
constituted by the Trust Deed.
The Manager Mapletree Logistics Trust Management Ltd.
The Trustee HSBC Institutional Trust Services (Singapore) Limited.
The Sponsor Mapletree Investments Pte Ltd.
The Offering 310,877,000 Units offered under the Placement Tranche and the
Public Offer.
The Placement Tranche Units offered by way of an international placement to investors,
including institutional and other investors in Singapore. The Units
have not been and will not be registered under the Securities Act
and, subject to certain exceptions, may not be offered or sold within
the United States or to, or for the account of, U.S. persons (as
defined in Regulation S). The Units are being offered and sold
outside the United States to non-U.S. persons in reliance on
Regulation S.
The Public Offer The Public Offer Units offered by way of a public offer in Singapore,
including the Mapletree Reserved Units.
A minimum of 30,000,000 Units will be offered under the Public
Offer.
Mapletree Reserved Units 17,697,000 Units reserved for subscription by the directors,
management, employees and business associates of the Sponsor
and its subsidiaries. (See ‘‘Ownership of the Units — Subscription
for Mapletree Reserved Units’’.)
In the event that any of the Mapletree Reserved Units are not
subscribed for, they will be made available to satisfy excess
applications (if any) under the Placement Tranche and/or the Public
Offer.
Clawback and Re-allocation The Units may be re-allocated between the Placement Tranche and
the Public Offer in the event of an excess of applications in one and a
deficit of applications in the other.
Mapletree Partnership Units Separate from the Offering, 24,998,000 Units have been precommitted
and reserved for subscription by the Investing Vendors at
the Offering Price. (See ‘‘Ownership of the Units — Subscription for
Mapletree Partnership Units’’.)
The Sponsor has indicated that, in the event that any of the
Mapletree Partnership Units are not subscribed for, such Units will
be taken up by the Sponsor and/or one or more of its wholly owned
subsidiaries.
Sienna Units 46,500,000 Units to be placed to SPL and to be lent to the
Underwriters to cover the over-allotment of Units (if any).
Mapletree Sponsor Units 163,924,998 Units to be issued to MLPPL and MPL as part
repayment of certain loans granted to MLT (see ‘‘Ownership of the
Units’’).
Offering Price Range S$0.63 to S$0.68 per Unit.
Price Determination The Offering Price of between S$0.63 to S$0.68 will be determined
following a book-building process by agreement between the
Underwriters and the Manager on the Price Determination Date,
which is expected to be 22 July 2005 and is subject to change.
Failing such agreement on the Price Determination Date, the
Offering Price will be S$0.63 (the minimum subscription price of the
Offering Price Range). Among the factors that will be taken into
account in determining the Offering Price are the demand for the
Units under the Offering and the prevailing conditions in the
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