Bursa Announcements

Pursuant to the announcements made on 22 April 2013, 23 April 2013 and 24 April 2013, the Board of Directors of Amanahraya-REIT Managers Sdn Bhd ("ARRM" or the "Manager"), the management company of ARREIT wishes to announce that on 22 May 2013, CIMB Islamic Trustee Berhad ("Trustee") as trustee for ARREIT has entered into a Supplemental Sale and Purchase Agreement ("SSPA") with Precico Electronics Sdn Bhd ("the Vendor" or "the Lessee") to vary the purchase price of the Properties from RM41,636,090.00 to RM39,186,786.00 as a consequence of the revision to the gross floor area of the Properties.

On the same date, the Trustee also enterered into a Supplemental Lease Agreement with the Lessee whereby the Trustee agreed to vary the Rent and Security Deposit as a a consequence of the revision to the gross floor area of the Properties as per the revised schedule below:-

	Period Commencing from Commencement Date	Rent (in RM)	Deposits (in RM)
1.	Year 1 to Year 3	Ringgit Malaysia Two Hundred Forty Four Thousand Nine Hundred Seventeen And Sen Forty (RM244,917.40) only per month.	Security Deposit: Ringgit Malaysia Three Million Six Hundred Seventy Three Thousand Seven Hundred Sixty One (RM3,673,761.00)only equivalent to one (1) year and three (3) months’ Rent by way of Bank Guarantee or Cash Deposit, as the case may be.
2.	Year 4 to Year 6	Ringgit Malaysia Two Hundred Sixty One Thousand Two Hundred Forty Five And Sen Twenty Five (RM261,245.25) only per month.	Security Deposit: Ringgit Malaysia Three Million Nine Hundred Eighteen Thousand Six Hundred Seventy Nine (RM3,918,679.00)only equivalent to one (1) year and three (3) months’ Rent by way of Bank Guarantee and cash or Cash Deposit and Cash, as the case may be.
3.	Year 7 to Year 8	Ringgit Malaysia Two Hundred Seventy Seven Thousand Five Hundred Seventy Three And Sen Five (RM277,573.05) only per month.	Security Deposit: Ringgit Malaysia Four Million One Hundred Sixty Three Thousand Five Hundred Ninety Six (RM4,163,596.00)only equivalent to one (1) year and three (3) months’ Rent by way of Bank Guarantee and cash or Cash Deposit and Cash, as the case may be.

As a result of the revision to the gross floor area of the Properties the revised purchase consideration for the Proposed Acquisition was arrived at on a "willing buyer willing seller" basis after taking into consideration the market value (“MV”) of the Properties of RM39,270,000.00 as valued by the independent valuers namely, DTZ Nawawi Tie Leung vide its valuation report dated 15 March 2013. The valuations for the Properties have been carried out by using the Comparison Method and Investment Method.

For consistency, the abbreviations used throughout this Announcement are the same as those previously defined in the Sale and Purchase Agreement.

This announcement is dated 22 May 2013.