Wheelock Properties Singapore : Resolutions Passed at the 44th Annual General Meeting

(Company Registration No. 197201797H)

WHEELOCK PROPERTIES (SINGAPORE) LIMITED ANNOUNCEMENT RESOLUTIONS PASSED AT THE 44THANNUAL GENERAL MEETING

Pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited (the "Listing Manual"), Wheelock Properties (Singapore) Limited (the "Company") is pleased to announce that at the Annual General Meeting ("AGM") held today, all resolutions set out in the Notice of AGM dated 13 April 2017 were duly approved and passed.

As at the date of the AGM, the total number of Shares in issue was 1,196,559,876 which was the total number of shares in the capital of the Company entitling the holders to attend and vote for or against the resolutions at the AGM. There were no shareholders required to abstain from voting at the AGM.

RHT Corporate Advisory Pte Ltd acted as the independent scrutineer at the AGM.

The results of the poll on each of the resolutions put to the vote at the AGM are set out below:

Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of Shares	As a percentage of total number of votes for and against the resolution (%)	Number of Shares	As a percentage of total number of votes for and against the resolution (%)
Ordinary Business
Ordinary Resolution 1 Adoption of Directors' Statement and Audited Financial Statements for the financial year ended 31 December 2016, and the Auditors' Report thereon	971,053,110	970,448,010	99.94	605,100	0.06
Ordinary Resolution 2 Declaration of first & final dividend of 6 cents tax exempt (one-tier) dividend per share for the financial year ended 31 December 2016	961,797,210	961,772,210	100	25,000	0.00

Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of Shares	As a percentage of total number of votes for and against the resolution (%)	Number of Shares	As a percentage of total number of votes for and against the resolution (%)
Ordinary Resolution 3 Approval of Directors' Fees of $361,100 for the financial year ended 31 December 2016	970,841,065	970,756,365	99.99	84,700	0.01
Ordinary Resolution 4 Re-election of Mr Colm Martin McCarthy as Director	961,434,010	961,332,643	99.99	101,367	0.01
Ordinary Resolution 5 Re-election of Mr Kevin Khien Kwok as Director	970,825,065	969,963,098	99.91	861,967	0.09
Ordinary Resolution 6 Re-election of Ms Tan Bee Kim as Director	970,763,665	947,750,686	97.63	23,012,979	2.37
Ordinary Resolution 7 Re-appointment of KPMG LLP as Auditors and authorisation to fix their remuneration	971,120,665	970,498,365	99.94	622,300	0.06
Special Business
Ordinary Resolution 8 Authority for Directors to issue shares or convertible securities pursuant to Section 161 of the Companies Act, Chapter 50	970,800,610	970,354,710	99.95	445,900	0.05
Ordinary Resolution 9 Renewal of Share Purchase Mandate	970,864,710	970,854,710	100	10,000	0.00

Messrs. Colm McCarthy, Kevin Kwok and Tan Bee Kim were re-elected as Directors of the Company at the AGM. Mr McCarthy will remain as Chairman of the Remuneration Committee and member of the Audit & Risk Management and Nominating Committees. Mr Kwok will remain as member of the Audit & Risk Management Committee and Ms Tan will remain as member of the Nominating Committee.

Mr McCarthy and Mr Kwok are considered by the Board of Directors to be independent for the purpose of Rule 704(8) of the Listing Manual.

By Order of the Board

Pearly Oon Company Secretary 28 April 2017