22 June 2011

FOR IMMEDIATE RELEASESMRT Corporation Ltd

251 North Bridge Road

Singapore 179102

Tel : 65 6331 1000

Fax : 65 6339 4229 www.smrt.com.sg

New kid in townSMRT Orchard Xchange

1. SMRT today officially opens its Orchard Xchange, at 437 Orchard Road, or what is popularly known as Orchard MRT Station.

2. Located in the heart of Singapore’s vibrant retail hub, Orchard Xchange is SMRT’s second largest Xchange in its network. With approximately 2,250 square metres of retail space, it offers commuters, shoppers and tourists exciting shopping and dining options in the heart of town.

3. Ms Gwyn Sin, Senior Director of Commercial Business of SMRT said: “We are excited to have with us first-time tenants Forever 21 and Popeyes, Travel Mania and our long-term partners, 7-Eleven and Citibank. Together, they provide a new mix of retail, dining and services to the thousands of Orchard Road shoppers and MRT commuters in the SMRT network every day.

“Orchard Xchange is a great location, and we really look forward to the opening of our outlet here. Our new store at Orchard Xchange is going to be a fashion emporium. We are expanding our product range to include exciting brands such as 21Men, our new men’s line, and Love 21 Contemporary,” said Mr Larry Meyer, Senior Vice-President of Forever 21.

Mr Dickson Low, Chief Operating Officer of Popeyes Singapore, also commented: “With most of our stores located in suburban malls and residential vicinities, it is important for us to create a brand presence in the key shopping belt of Singapore. Orchard Xchange sits

on an Orchard Road site with high traffic volume.

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4. With Orchard Xchange poised to be a new shopping and dining destination, Orchard MRT Station is set to be a new digital media hub with its suite of digital platforms for advertisers to entertain consumers with increasingly sophisticated tastes. New media rolled out include the large-format Media Hub Wall@Orchard and the Projector Screen@Orchard and iViewSMRT.

5. Great Singapore Sale deals at Orchard Xchange:

a) Forever 21: Citibank SMRT Platinum Visa card members get 10 per cent off all merchandise and vouchers worth $20 with $150 minimum spend. Exclusive to Orchard Xchange outlet. Promotion ends 24 July 2011.

b) Popeyes: diners with promotional coupons get one-for-one and free chicken deals.

Exclusive to Orchard Xchange outlet.

c) Participating outlets: customers get a chance to win a 3D2N trip to Hong Kong for two and $500 cash, shopping vouchers worth more than S$8,000 and other prizes with $5 minimum spend

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CRN: 200001855H