Delisting of Security::Mandatory

ACCORDIA GOLF TRUST

(Business Trust Registration No. 2014002)

(Constituted under the laws of the Republic of Singapore and

Managed by Accordia Golf Trust Management Pte. Ltd.)

WINDING UP AND DELISTING OF AGT

The board of directors (the "Board") of Accordia Golf Trust Management Pte. Ltd., as trustee-manager of Accordia Golf Trust ("AGT", and the trustee-manager of AGT, the "Trustee-Manager") refers to the circular despatched or issued to unitholders of AGT ("Unitholders") dated 21 August 2020 (the "Circular") and the announcement titled "(1) Notice of Record Date in respect of the Final Distribution

(2) Winding Up and Proposed Delisting of AGT" dated 30 July 2021 (the "Announcement").

Unless otherwise defined, all capitalised terms used in this Announcement shall bear the same meaning as in the Circular.

1. WINDING UP AND DELISTING OF AGT
   The Trustee-Manager wishes to update the Unitholders that the Trustee-Manager has on 16 August 2021 entered into a deed of termination (the "Termination Deed") which, among others, sets out the terms and conditions governing the termination of the Trust Deed.
   Under the Termination Deed, AGT will be wound up on 18 August 2021. As mentioned in the Announcement, the Winding Up will be effected concurrently with the delisting of AGT from the Official List of the SGX-ST. Accordingly, AGT will be delisted from the Official List of the SGX- ST with effect from 9.00 a.m. on 18 August 2021.
2. UNCLAIMED DISTRIBUTIONS
   Current and past Unitholders should contact The Central Depository (Pte) Limited (https://www1.cdp.sgx.com/) or their brokers/custodians if they have not received or claimed any of the past distributions of AGT to which they are entitled (including but not limited to the Final Distribution referred to in the Announcement).

BY ORDER OF THE BOARD

Khoo Kee Cheok

Chairman

Accordia Golf Trust Management Pte. Ltd.

(Company Registration No. 201407957D)

As Trustee-Manager of Accordia Golf Trust

16 August 2021

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IMPORTANT NOTICE

This announcement is for information purposes only and does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities of AGT in Singapore, the United States, Canada, Japan or any other jurisdiction, nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever.

The value of the units in AGT ("Units") and the income derived from them may fall as well as rise. The Units are not obligations of, deposits in, or guaranteed by, the Trustee-Manager or its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the Trustee-Manager to redeem or purchase their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

This announcement is not to be distributed or circulated outside of Singapore. Any failure to comply with this restriction may constitute a violation of United States securities laws or the laws of other jurisdictions.

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