DRAFT DATED 2 MAY 2003

(Company Registration No. 197201797H)

WHEELOCK PROPERTIES (SINGAPORE) LIMITED ANNOUNCEMENT INCORPORATION OF SUBSIDIARIES

The Board of Directors of Wheelock Properties (Singapore) Limited (the "Company") wishes to announce that the Company's wholly-owned subsidiary, WPS Capital Pte. Ltd., has incorporated the following wholly-owned subsidiaries:

(1)

Name of company :

Place of incorporation :

Crag Investments Pte. Ltd.

Singapore

Issued and paid-up share capital :

S$2.00 comprising 2 ordinary shares

Principal activities :

Property ownership and development and investment holding

(2)

Name of company :

Dormer Investments Pte. Ltd.

Place of incorporation :

Singapore

Issued and paid-up share capital :

S$2.00 comprising 2 ordinary shares

Principal activities :

Property ownership and development and investment holding

By Order Of The Board
Pearly Oon
Company Secretary
21 July 2015

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