For immediate release 15 December 2011 NEWS RELEASE

CapitaMalls Asia launches rewards programme with largest mall network in Members earn rewards for purchases on top of other existing rewards

Singapore, 15 December 2011 – CapitaMalls Asia Limited (SGX: JS8 and HKEx: 6813) has launched a new rewards programme that gives its shoppers even more rewards. Called CAPITASTAR, members can earn STAR$ at 12 participating CapitaMalls 1 and over 1,800 stores in Singapore.

With the accumulated STAR$, shoppers can redeem CapitaVouchers which can be spent at CapitaMalls in Singapore. The STAR$ rewards are on top of the other rewards that shoppers currently earn, such as those from their credit/debit card issuer or the retailer, giving CAPITASTAR members additional chances to earn rewards for shopping at CapitaMalls.

Convenient, card-less rewards system

Making it even more convenient, CAPITASTAR is a card-less rewards programme. After signing up, CAPITASTAR members need only enter their identification number and mobile number to access their account and scan their receipts at CAPITASTAR kiosks to earn STAR$. iPhone and iPad users can download the CAPITASTAR app and upload a picture of their receipts to earn STAR$ 2.

Shoppers can earn STAR$ with a minimum spend of S$20. Every dollar spent at participating malls and stores earns 5 STAR$ (except at food courts and supermarkets where every dollar spent earns 1 STAR$). A shopper may earn up to a maximum of 1,000 STAR$ per day. Redemptions for CapitaVouchers start from 5,000 STAR$ for a S$5 CapitaVoucher.

1 The 12 participating CapitaMalls are: , Bukit Panjang Plaza, Clarke Quay, Funan DigitaLife Mall, IMM Building, , , , , Rivervale Mall, Sembawang Shopping Centre and . 2 Effective from 5 January 2012. Currently, CAPITASTAR members can earn STAR$ by dropping their receipts into the CAPITASTAR lucky draw box after writing their name, IC and mobile number on the receipt. 1

Shop on us!

From now until 4 January 2012, shoppers who sign up as a CAPITASTAR member stand to win back their shopping spend in the “Shopping is on us” Draw. Shoppers just need to sign- up and drop their receipts into the CAPITASTAR lucky draw boxes at the participating malls. A total of 100 lucky winners will win back the amount spent (capped at S$500 each). CapitaCard users will get back twice the amount spent (capped at S$1,000 each).

In addition, members stand to win a total of 220 million STAR$ for the whole of 2012 in the CAPITASTAR lucky draw. From 1 January till 31 December 2012, every S$20 spent gives members one chance in the draw. Every month, 100 winners will walk away with 100,000 STAR$ each. The grand draw will see 100 winners win one million STAR$ each. For their convenience, all CAPITASTAR members need to do is scan their receipts to log in their STAR$. If they qualify for the draw, their details will be entered automatically, doing away with manually filling in entry forms.

Mr Lim Beng Chee, CEO of CapitaMalls Asia, said: “CAPITASTAR is our way of thanking and rewarding shoppers for shopping at CapitaMalls. With 12 participating CapitaMalls, this is the largest rewards programme by any mall manager in Singapore. With the upcoming festive season, CAPITASTAR members can look forward to earning even more rewards at the 12 CapitaMalls and over 1,800 stores for their year-end shopping.”

About CapitaMalls Asia ( www.capitamallsasia.com ) CapitaMalls Asia Limited is one of the largest listed developers, owners and managers in Asia by total property value of assets and geographic reach. CapitaMalls Asia has an integrated shopping mall business model encompassing retail real estate investment, development, mall operations, asset management and fund management capabilities. It has interests in and manages a pan-Asian portfolio of 97 shopping malls across 51 cities in the five countries of Singapore, China, Malaysia, Japan and India, with a total property value of approximately S$26.9 billion (HK$162 billion) and a total GFA of approximately 88 million sq ft.

Shopping malls in the portfolio include ION Orchard and Plaza Singapura – which are located in one of the world’s most famous shopping streets, Orchard Road – Raffles City Singapore and Clarke Quay in Singapore. Our landmark shopping malls in China are CapitaMall Xizhimen and CapitaMall Wangjing in Beijing; Raffles City Beijing and Raffles City Shanghai. The portfolio also includes Gurney Plaza in Penang, Malaysia; Vivit Square in Tokyo, Japan; as well as Forum Value Mall in Bangalore, India.

CapitaMalls Asia’s principal business strategy is to invest in, develop and manage a diversified portfolio of real estate used primarily for retail purposes in Asia, and to strengthen its market position as a leading developer, owner and manager of shopping malls in Asia.

Issued by: CapitaMalls Asia Limited (Co. Regn.: 200413169H) Date: 15 December 2011

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For more information, please contact: Analyst Media Caroline Fong Lim Seng Jin Head, Investor Relations Head, Corporate Communications and Marketing Tel: +65 6826 5856 Tel: +65 6826 5778 Email: caroline.fong@.com Email: [email protected]

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