Schedule of Perpetual Securities Issuance Proceeds (SGD) Utilisation

Use of Proceeds Utilisation SGD'000 %

Refinance existing borrowings of the Company and its subsidiaries, and for general working capital and general corporate purposes

44,830 30%


SGD'000
Net Proceeds received on 18 Sep 2012 147,350

Disbursement of Proceeds

Date paid Description

Sep-12 General working capital purposes Oct-12 Repayment of bank credit facilities Nov-12 Repayment of bank credit facilities Nov-12 Repayment of bank credit facilities Dec-12 Repayment of bank credit facilities

Remaining Perpetual Securities Proceeds 102,520

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