Disclosure Of Interest/ Changes In Interest Of Substantial Shareholder(s)/ Unitholder(s) :: Change In Interest Of Substantial Unitholder - Cla Real Estate Holdings Pte. Ltd.

SECURITIES AND FUTURES ACT (CAP. 289)		FORM
SECURITIES AND FUTURES (DISCLOSURE OF INTERESTS)
REGULATIONS 2012		3
NOTIFICATION FORM FOR SUBSTANTIAL
SHAREHOLDER(S)/UNITHOLDER(S) IN RESPECT OF INTERESTS IN		(Electronic Format)

Explanatory Notes

1. Please read the explanatory notes carefully before completing the notification form.
2. This form is for a Substantial Shareholder(s)/Unitholder(s) to give notice under section 135, 136, 137, 137J (as applicable to sections 135, 136 and 137) or 137U (as applicable to sections 135, 136 and 137) of the Securities and Futures Act (the "SFA").
3. This electronic Form 3 and a separate Form C, containing the particulars and contact details of the Substantial Shareholder(s)/Unitholder(s), must be completed by the Substantial Shareholder(s)/Unitholder(s) or a person duly authorised by the Substantial Shareholder(s)/Unitholder(s) to do so. The person so authorised should maintain records of information furnished to him by the Substantial Shareholder(s)/Unitholder(s).
4. This form and Form C, are to be completed electronically and sent to the Listed Issuer via an electronic medium such as an e-mail attachment. The Listed Issuer will attach both forms to the prescribed SGXNet announcement template for dissemination as required under section 137G(1), 137R(1) or 137ZC(1) of the SFA, as the case may be. While Form C will be attached to the announcement template, it will not be disseminated to the public and is made available only to the Monetary Authority of Singapore (the "Authority").
5. Where a transaction results in similar notifiable obligations on the part of more than one Substantial Shareholder/Unitholder, all of these Substantial Shareholders/Unitholders may give notice using the same notification form.
6. A single form may be used by a Substantial Shareholder/Unitholder for more than one transaction resulting in notifiable obligations which occur within the same notifiable period (i.e. within two business days of becoming aware of the earliest transaction). There must be no netting-off of two or more notifiable transactions even if they occur within the same day.
7. All applicable parts of the notification form must be completed. If there is insufficient space for your answers, please include attachment(s) by clicking the paper clip icon on the bottom left-hand corner or in item 11 of Part II or item 10 of Part III. The total file size for all attachment(s) should not exceed 1MB.
8. Except for item 5 of Part II and item 1 of Part IV, please select only one option from the relevant check boxes.
9. Please note that submission of any false or misleading information is an offence under Part VII of the SFA.
10. In this form, the term "Listed Issuer" refers to -
11. 1. a company incorporated in Singapore any or all of the shares in which are listed for quotation on the official list of a securities exchange;
    2. a corporation (not being a company incorporated in Singapore, or a collective investment scheme constituted as a corporation) any or all of the shares in which are listed for quotation on the official list of a securities exchange,such listing being a primary listing;

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1. a registered business trust (as defined in the Business Trusts Act (Cap. 31A)) any or all of the units in which are listed for quotation on the official list of a securities exchange;
2. a recognised business trust any or all of the units in which are listed for quotation on the official list of a securities exchange, such listing being a primary listing; or
3. a collective investment scheme that is a trust, that invests primarily in real estate and real estate- related assets specified by the Authority in the Code on Collective Investment Schemes, and any or all the units in which are listed for quotation on the official list of a securities exchange, such listing being a primary listing ("Real Estate Investment Trust").

11. For further instructions and guidance on how to complete this notification form, please refer to section 7 of the User Guide on Electronic Notification Forms which can be accessed at the Authority's Internet website at http://www.mas.gov.sg (under "Regulations and Financial Stability", "Regulations, Guidance and Licensing", "Securities, Futures and Fund Management", "Forms", "Disclosure of Interests").

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Part I - General

1. Name of Listed Issuer:

Ascendas India Trust

2. Type of Listed Issuer:

Company/Corporation

Registered/Recognised Business Trust

Real Estate Investment Trust

Name of Trustee-Manager/Responsible Person:

Ascendas Property Fund Trustee Pte Ltd

3. Is more than one Substantial Shareholder/Unitholder giving notice in this form?

No (Please proceed to complete Part II)

Yes (Please proceed to complete Parts III & IV)

4. Date of notification to Listed Issuer:

07-Feb-2020

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Part III - Substantial Shareholder(s)/Unitholder(s) Details

[To be used for multiple Substantial Shareholders/Unitholders to give notice]

Substantial Shareholder/UnitholderA

1. Name of Substantial Shareholder/Unitholder:

CLA Real Estate Holdings Pte. Ltd.

2. Is Substantial Shareholder/Unitholder a fund manager or a person whose interest in the securities of the Listed Issuer are held solely through fund manager(s)?

Yes

No

3. Notification in respect of:

Becoming a Substantial Shareholder/Unitholder

Change in the percentage level of interest while still remaining a Substantial Shareholder/Unitholder

Ceasing to be a Substantial Shareholder/Unitholder

1. Date of acquisition of or change in interest:
   06-Feb-2020
2. Date on which Substantial Shareholder/Unitholder became aware of the acquisition of, or the change in, interest (if different from item 4 above, please specify the date):
   06-Feb-2020
3. Explanation (if the date of becoming aware is different from the date of acquisition of, or the change in, interest):
   NA

7. Quantum of total voting shares/units (including voting shares/units underlying rights/options/warrants/convertible debentures {conversion price known}) held by Substantial Shareholder/Unitholder before and after the transaction:

	Immediately before the transaction	Direct Interest	Deemed Interest			Total
	No. of voting shares/units held and/or	0	239,896,743	239,896,743
	underlying the
	rights/options/warrants/convertible debentures:
	As a percentage of total no. of voting	0	20.98	20.98
	shares/units:
	Immediately after the transaction	Direct Interest	Deemed Interest			Total
	No. of voting shares/units held and/or	0	242,144,698	242,144,698
	underlying the rights/options/warrants/
	convertible debentures :
	As a percentage of total no. of voting	0	21.14	21.14
	shares/units:
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8. Circumstances giving rise to deemed interests (if the interest is such):

[You may attach a chart in item 10 to illustrate how the Substantial Shareholder/Unitholder's deemed interest arises]

CLA Real Estate Holdings Pte. Ltd.'s (formerly known as Ascendas-Singbridge Pte. Ltd.) ("CLA") deemed interest in the 242,144,698 units in a-iTrust ("Units") arises through its subsidiary, CapitaLand Limited ("CL").

CapitaLand Limited holds 100% of Ascendas Pte Ltd.

Ascendas Pte Ltd holds:-

a. 100% of CapitaLand India Pte. Ltd.; and

b. 100% of Ascendas Investment Pte Ltd, which in turn holds 100% of Ascendas Property Fund Trustee Pte. Ltd..

9. Relationship between the Substantial Shareholders/Unitholders giving notice in this form:

[You may attach a chart in item 10 to show the relationship between the Substantial Shareholders/Unitholders]

Please refer to paragraph 8 above.

10. Attachments (if any):

(The total file size for all attachment(s) should not exceed 1MB.)

11. If this is a replacement of an earlier notification, please provide:

1. SGXNet announcement reference of the firstnotification which was announced on SGXNet (the "Initial Announcement"):
2. Date of the Initial Announcement:
3. 15-digittransaction reference number of the relevant transaction in the Form 3 which was attached in the Initial Announcement:

12. Remarks (if any):

The percentage before the change was computed based on 1,143,268,717 issued units as of 28 November 2019.

The percentage after the change was computed based on 1,145,516,672 issued units as of 6 February 2020.

Additional Substantial Shareholder/Unitholder ("B", "C" etc) where the information in Part I and

Part IV is the same for the additional Substantial Shareholder/Unitholder

Add New Part III Substantial Shareholder/Unitholder

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Part IV - Transaction details

1. Type of securities which are the subject of the transaction (more than one option may be chosen):

Voting shares/units

Rights/Options/Warrants over voting shares/units

Convertible debentures over voting shares/units (conversion price known)

Others (please specify):

2. Number of shares, units, rights, options, warrants and/or principal amount of convertible debentures acquired or disposed of by Substantial Shareholders/Unitholders:

N.A

3. Amount of consideration paid or received by Substantial Shareholders/Unitholders (excluding brokerage and stamp duties):

N.A

4. Circumstance giving rise to the interest or change in interest:

Acquisition of:

Securities via market transaction

Securities via off-market transaction (e.g. married deals)

Securities via physical settlement of derivatives or other securities

Securities pursuant to rights issue

Securities via a placement

Securities following conversion/exercise of rights, options, warrants or other convertibles

Disposal of:

Securities via market transaction

Securities via off-market transaction (e.g. married deals)

Other circumstances:

Acceptance of take-over offer for the Listed Issuer

Corporate action by the Listed Issuer which Substantial Shareholders/Unitholders did not participate in (please specify):

The issue of 2,247,955 new units in Ascendas India Trust ("a-iTrust") on 6 February 2020 as payment of base fee for the period from 1 October 2019 to 31 December 2019 and performance fee for the period from 1 April 2019 to 31 December 2019 has led to a change in percentage level of unitholdings in a-iTrust of the above substantial unitholders.

Others (please specify):

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Item 5 is to be completed by an individual submitting this notification form on behalf of the Substantial Shareholders/Unitholders.

5. Particulars of Individual submitting this notification form to the Listed Issuer:

1. Name of Individual:

Chin Yean Cheng

1. Designation (if applicable):

General Manager

1. Name of entity (if applicable):

CLA Real Estate Holdings Pte. Ltd. (f.k.a. Ascendas-Singbridge Pte. Ltd.)

Transaction Reference Number (auto-generated):

0 3 9 9 3 6 3 4 8 7 2 3 1 0 3

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