Date: 11 October 2007

Circular/Notice to Shareholders

Subject
:
CIRCULAR TO SHAREHOLDERS IN RELATION TO:
(I) PROPOSED PLACEMENT OF UP TO 100,000,000 NEW UNITS IN AMANAHRAYA REAL ESTATE INVESTMENT TRUST ("AMANAHRAYA REIT");
(II) PROPOSED ACQUISITION OF THE ENTIRE INTEREST OF THE FOLLOWING PROPERTIES FROM AMANAH RAYA BERHAD (AS TRUSTEES FOR KUMPULAN WANT BERSAMA) TO BE SATISFIED BY THE ISSUANCE OF NEW UNITS IN AMANAHRAYA REIT AT AN ISSUE PRICE OF RM0.94 PER UNIT ('CONSIDERATION UNITS") AS FOLLOWS :
(A) TWO (2) PARCELS OF LEASEHOLD INDUSTRIAL LAND LOCATED IN THE MUKIM AND DISTRICT OF KLANG, STATE OF SELANGOR DARUL EHSAN AND ON WHICH IS ERECTED A BONDED WAREHOUSE COMPLEX FOR A PURCHASE CONSIDERATION OF RM28.5 MILLION TO BE SATISFIED BY THE ISSUANCE OF 30,319,149 CONSIDERATION UNITS;
(B) A PARCEL OF FREEHOLD INDUSTRIAL LAND LOCATED IN PEKAN BARU HICOM (FORMERLY MUKIM OF DAMANSARA), DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN AND ON WHICH IS ERECTED AN INDUSTRIAL COMPLEX FOR A PURCHASE CONSIDERATION OF RM92.0 MILLION TO BE SATISFIED BY THE ISSUANCE OF 97,872,340 CONSIDERATION UNITS;
(C) TWO (2) PARCELS OF LEASEHOLD INDUSTRIAL LAND LOCATED IN TOWN OF SHAH ALAM, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN AND ON WHICH ARE ERECTED TWO (2) INDUSTRIAL COMPLEXES FOR A PURCHASE CONSIDERATION OF RM19.2 MILLION TO BE SATISFIED BY THE ISSUANCE OF 20,425,532 CONSIDERATION UNITS;
(III) PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD COMMERCIAL LAND LOCATED IN MUKIM OF SUNGAI BULOH, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN AND ON WHICH IS ERECTED AN INSTITUTIONAL COMPLEX FOR A PURCHASE CONSIDERATION OF RM145.0 MILLION TO BE SATISFIED WHOLLY BY CASH; AND
(IV) PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND LOCATED IN TOWN OF GURUN, DISTRICT OF KUALA MUDA, STATE OF KEDAH DARUL AMAN AND ON WHICH IS ERECTED AN INDUSTRIAL COMPLEX FOR A PURCHASE CONSIDERATION OF RM23.97 MILLION TO BE SATISFIED WHOLLY BY CASH


ATTACHMENT

- ARREIT-Circular.pdf

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