FRASERS CENTREPOINT TRUST

(Constituted in the Republic of Singapore pursuant to a trust deed dated 5 June 2006 (as amended))

FRASERS CENTREPOINT TRUST - CORRIGENDUM TO THE CONDENSED INTERIM FINANCIAL

STATEMENTS FOR THE SIX-MONTH AND FULL YEAR ENDED 30 SEPTEMBER 2021

Frasers Centrepoint Asset Management Ltd., in its capacity as the manager of Frasers Centrepoint Trust ("FCT") wishes to clarify that there were typographical errors in references to the measurement unit of "$" which should instead be the measurement unit of "cents" appearing on certain pages of the condensed interim financial statements for the six-month and full year ended 30 September 2021 issued on 27 October 2021 (the "Interim FS"). The typographical errors appear on:

(a) page 22 of the Interim FS - see "Basic earnings per Unit ($)" underlined and shaded in grey as follows:

12. EARNINGS PER UNIT

  1. Basic earnings per Unit
    The calculation of basic earnings per Unit is based on the weighted average number of Units during the period/year and total return for the period/year.

Group

Trust

Six-monthSix-monthSix-monthSix-month

period ended period ended period ended period ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return for year after tax ($'000)

86,087

77,681

77,886

23,577

Weighted average number of Units in issue

('000)

1,699,090

1,118,555

1,699,090

1,118,555

Basic earnings per Unit ($)

5.07

6.94

4.58

2.11

which should instead read as "Basic earnings per Unit (cents)" as underlined and shaded in grey as follows:

12. EARNINGS PER UNIT

  1. Basic earnings per Unit
    The calculation of basic earnings per Unit is based on the weighted average number of Units during the period/year and total return for the period/year.

Group

Trust

Six-monthSix-monthSix-monthSix-month

period ended period ended period ended period ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return for year after tax ($'000)

86,087

77,681

77,886

23,577

Page 1 of 4

Weighted average number of Units in issue

('000)

1,699,090

1,118,555

1,699,090

1,118,555

Basic earnings per Unit (cents)

5.07

6.94

4.58

2.11

  1. page 23 of the Interim FS - see "Basic earnings per Unit ($)" and "Diluted earnings per Unit ($)" underlined and shaded in grey as follows:

12. EARNINGS PER UNIT (cont'd)

(ii)

Basic earnings per Unit (cont'd)

Group

Trust

Year ended

Year ended

Year ended

Year ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return for year after tax ($'000)

168,633

151,676

121,903

91,120

Weighted average number of Units in issue

('000)

1,670,234

1,118,086

1,670,234

1,118,086

Basic earnings per Unit ($)

10.10

13.57

7.30

8.15

  1. Diluted earnings per Unit
    In calculating diluted earnings per Unit, the total return for the year and weighted average number of Units outstanding are adjusted for the effect of all dilutive potential units, as set out below:

Group

Trust

Six-monthSix-monthSix-monthSix-month

period ended period ended period ended period ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return ($'000)

86,087

77,681

77,886

23,577

Weighted average number of Units in issue

('000)

1,700,859

1,119,734

1,700,859

1,119,734

Diluted earnings per Unit ($)

5.06

6.94

4.58

2.11

Group

Trust

Year ended

Year ended

Year ended

Year ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return ($'000)

168,633

151,676

121,903

91,120

Weighted average number of Units in issue

('000)

1,672,391

1,119,618

1,672,391

1,119,618

Diluted earnings per Unit ($)

10.08

13.55

7.29

8.14

Page 2 of 4

which should instead respectively read as "Basic earnings per Unit (cents)" and "Diluted earnings per Unit (cents)" as underlined and shaded in grey as follows:

12. EARNINGS PER UNIT (cont'd)

(ii)

Basic earnings per Unit (cont'd)

Group

Trust

Year ended

Year ended

Year ended

Year ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return for year after tax ($'000)

168,633

151,676

121,903

91,120

Weighted average number of Units in issue

('000)

1,670,234

1,118,086

1,670,234

1,118,086

Basic earnings per Unit (cents)

10.10

13.57

7.30

8.15

  1. Diluted earnings per Unit
    In calculating diluted earnings per Unit, the total return for the year and weighted average number of Units outstanding are adjusted for the effect of all dilutive potential units, as set out below:

Group

Trust

Six-monthSix-monthSix-monthSix-month

period ended period ended period ended period ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return ($'000)

86,087

77,681

77,886

23,577

Weighted average number of Units in issue

('000)

1,700,859

1,119,734

1,700,859

1,119,734

Diluted earnings per Unit (cents)

5.06

6.94

4.58

2.11

Group

Trust

Year ended

Year ended

Year ended

Year ended

30/9/2021

30/9/2020

30/9/2021

30/9/2020

Total return ($'000)

168,633

151,676

121,903

91,120

Weighted average number of Units in issue

('000)

1,672,391

1,119,618

1,672,391

1,119,618

Diluted earnings per Unit (cents)

10.08

13.55

7.29

8.14

The changes set out above have no material impact on the financial position of FCT. The revised Interim FS incorporating the abovementioned changes is enclosed. Other typographical errors in (i) the header appearing on pages 31 to 40 and (ii) the reference to "11. USE OF PROCEEDS FROM EQUITY FUNGRAISING" on page 40 which should be "11. USE OF PROCEEDS FROM EQUITY FUNDRAISING", have also been corrected in the enclosed revised Interim FS. All other information and figures in the Interim FS remain unchanged.

Page 3 of 4

BY ORDER OF THE BOARD

Frasers Centrepoint Asset Management Ltd.

As manager of Frasers Centrepoint Trust

Company Registration No: 200601347G

Catherine Yeo

Company Secretary

9 November 2021

For further information, kindly contact:

Mr. Chen Fung Leng

Vice President, Investor Relations

Frasers Centrepoint Asset Management Ltd.

T +65 6277 2657

  • fungleng.chen@frasersproperty.com

Important Notice

The value of Units and the income derived from them, if any, may fall or rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors should note that they have no right to request the Manager to redeem 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 for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for the Units. The past performance of FCT and the Manager is not necessarily indicative of the future performance of FCT and the Manager.

Page 4 of 4

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Frasers Centrepoint Trust published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 15:44:01 UTC.