(Constituted in Republic of Singapore pursuant to a trust deed dated 17 March 2011 (as amended))

LOAN FACILITY OBTAINED BY KEPPEL DC REIT GROUP

The Board of Directors of Keppel DC REIT Management Pte. Ltd., as manager of Keppel DC REIT (the "Manager"), wishes to announce that a wholly-owned subsidiary of Keppel DC REIT, Keppel DC REIT Fin. Company Pte. Ltd. (the "Borrower"), has obtained the Loan Facility (as defined below) guaranteed by Perpetual (Asia) Limited (in its capacity as trustee of Keppel DC REIT) pursuant to a facility agreement dated 3 December 2021 (the "Facility Agreement").

There are conditions of the Loan Facility in the Facility Agreement which make reference to a change in the Manager or the effective shareholding therein. A description of the relevant conditions are set out below:

Loan Facility

Relevant Conditions

S$150,000,000

revolving

Under the terms and conditions of the Facility Agreement, the

credit facility (the "Loan

Borrower will be required to pay all outstanding loans within 10

Facility")

business days in the event that:

(a)

the Manager ceases to be the manager of Keppel DC REIT

and a subsidiary of Keppel Capital Holdings Pte. Ltd.

("Keppel Capital") (where at least fifty per cent. of all the

issued share capital of such subsidiary is owned (directly or

indirectly) by Keppel Capital) is not appointed as a

replacement or substitute manager of Keppel DC REIT in

accordance with the terms of the Trust Deed and applicable

law prior to such cessation; or

(b)

there is a decrease in the number of shares or percentage

of the total issued share capital of the Manager owned

(directly or indirectly) by Keppel Capital to less than fifty per

cent.,

each, a "Mandatory Prepayment Event".

Assuming (i) the occurrence of a Mandatory Prepayment Event, and (ii) that such occurrence would cause a cross default under other borrowings of the Keppel DC REIT group, the aggregate level of facilities that may be affected is, as at the date of this announcement, approximately S$1,783.0 million (excluding interest and fees).

As at the date of this announcement, neither Mandatory Prepayment Event has occurred.

Keppel DC REIT Management Pte. Ltd. (Company Registration No. 199508930C) (as manager of Keppel DC REIT)

Chiam Yee Sheng

Company Secretary

3 December 2021

Important Notice

This Announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for units in Keppel DC REIT ("Units").

This Announcement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other companies and venues for the sale or distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's view of future events. The past performance of Keppel DC REIT and the Manager is not necessarily indicative of the future performance of any of them.

The value of Units and the income derived from them may fall as well as 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 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 Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

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Keppel DC REIT published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 09:41:07 UTC.