The Board of Directors of Atrium REIT Managers Sdn. Bhd., the Manager of Atrium REIT ("the Manager"), wishes to announce that Pacific Trustees Berhad (“PTB” or “Purchaser”), the Trustee of Atrium REIT, has, on 2 July 2019, accepted the letter of offer dated 20 June 2019 from PNB (“Letter of Offer”) in relation to the proposed acquisition of the following properties for a total cash consideration of RM45,000,000.00 (Ringgit Malaysia Forty Five Million) only ("Proposed Acquisition"):-

1. A parcel of land with building(s) erected thereon held under Geran H.S.(D) 172494, Town of Shah Alam, Mukim of Damansara, District of Petaling and State of Selangor Darul Ehsan; and
2. A parcel of land with building(s) erected thereon held under Geran H.S.(D) 167421, Town of Shah Alam, Mukim of Damansara, in the District of Petaling and State of Selangor Darul Ehsan.

The details of the Proposed Acquisition are set out in the attachment below.

This announcement is dated 2 July 2019.