Perennial Real Estate Holdings Limited announced that it has redeemed in full the balance of SGD 76,250,000 in principal amount together with the accrued interest, being the maturity date of the Notes. Following the Redemption, the Notes have been cancelled in accordance with the terms and conditions of the Notes. Accordingly, PREHL and PTPL are discharged from all of their obligations under and in respect of the Notes. Capitalised or other terms used but not defined in this Notice shall, unless the context otherwise requires, have the meanings set out in the Trust Deed, the Conditions of the Notes or the Cessation Event Announcement.