(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 8 July 2015 in relation to the proposed change of trustee of Atrium REIT.)

Reference is made to the announcement dated 8 July 2015 in relation to the proposed change of trustee of Atrium REIT.

The Manager has, subject to the relevant approval(s) being obtained, accepted the proposal of Pacific Trustees Berhad to act as the new trustee of Atrium REIT in place of CCTB which has notified the Manager of its intention to retire vide its letter dated 6 July 2015 (“Proposed Change of Trustee”).

Having sought and obtained independent legal advice, the Manager and CCTB are of the opinion that the Proposed Change of Trustee will not materially prejudice the interests of the unitholders of Atrium REIT.

Pursuant to the above, the Board of the Manager, wishes to announce that the notice dated 28 August 2015 to all unitholders of Atrium REIT (“Notice to Unitholders”) has been despatched today to notify them of –

(i)         the Proposed Change of Trustee; and

(ii)         their rights under section 305 of the Capital Markets and Services Act 2007 as a unitholder of Atrium REIT to direct the Manager to call for a meeting of unitholders of Atrium REIT (“Unitholders’ Meeting”) to consider and if deemed fit, approve the Proposed Change of Trustee.

Any unitholder of Atrium REIT who wish to exercise his/her/their right to direct the Manager to call for a Unitholders’ Meeting must revert in writing by 5.00 p.m. of 18 September 2015 which is within twenty-one (21) days from the date of the Notice to Unitholders.

Further information on the Notice to Unitholders is disclosed in the attachment herein.

This announcement is dated 28 August 2015.