For Immediate Release 19 January 2012 NEWS RELEASE

For immediate release 19 January 2012 NEWS RELEASE

CapitaMalls Asia bags 11 green accolades in 2011 . CapitaMalls Asia wins green awards in Singapore, China, Malaysia and Japan . First BCA Green Mark Gold Awards in China and Malaysia . JCube in Singapore conferred prestigious BCA Green Mark Platinum Award

Singapore and Hong Kong, 19 January 2012 – CapitaMalls Asia Limited (SGX: JS8 and HKEx: 6813) is pleased to announce that it garnered a total of 11 green accolades in four countries – Singapore, China, Malaysia and Japan – in 2011. These include the first BCA Green Mark Gold Awards for CapitaMalls Asia in China and Malaysia.

In Singapore, JCube was conferred the prestigious BCA Green Mark Platinum Award by the Building and Construction Authority (BCA) of Singapore, the highest accolade for green building certification in the country, in recognition of its green features, design and engineering safety, and construction excellence. To be opened in the first quarter of 2012, the eco-friendly mall houses an IMAX cineplex and Singapore’s only Olympic-size ice rink, and is fitted with green features such as a grey-water recycling system and a rainwater harvesting tank.

In China, CapitaMall Wusheng in Wuhan was conferred a BCA Green Mark Gold (Provisional) Award, the first Green Mark Gold award for CapitaMalls Asia in China. The Green Mark Award (Provisional) is granted by BCA for projects outside Singapore, based on design intents and commitments. A full Green Mark Certificate will be issued upon project completion, when the mall’s green performance has been verified.

In Malaysia, Gurney Plaza in Penang became the first operating mall in Malaysia to be accorded a BCA Green Mark Gold Award. This is also the first such award for CapitaMalls Asia and the CapitaLand Group in the country.

In Japan, Vivit Square in Tokyo has been recognised by Japan’s Institute of Building Environment and Energy Conservation (IBEC) for its environment friendly features, and has been conferred the ‘A’ ranking under the Comprehensive Assessment System for Built Environment Efficiency (CASBEE). CASBEE is a tool for assessing and rating the

environmental performance of buildings. This is the highest ranking achievable for an existing building and the second highest ranking under CASBEE. It is also CapitaMalls Asia and the CapitaLand Group’s first green accolade in Japan.

Mr Lim Beng Chee, CEO of CapitaMalls Asia, said: “As the leading shopping mall developer, owner and manager in Asia with a portfolio of 97 shopping malls across 51 cities in five countries, CapitaMalls Asia sees it as our responsibility to develop green malls and manage them in an environmentally sustainable and energy-efficient manner. We are heartened that our efforts have been recognised with these green awards, and will continue to advocate best practices in green building, so as to help protect the environment for future generations.”

Including these 11 awards, CapitaMalls Asia has been conferred a total of 22 green awards to date.

Summary of CMA’s green accolades in 2011:

Development Location Award Highlights

CapitaMalls Asia’s first Green JCube Singapore Green Mark Platinum Mark Platinum Award

The Atrium @ Orchard Singapore Green Mark Gold

Bugis Junction Singapore Green Mark Gold

Renewed its Green Mark Raffles City Singapore Singapore Green Mark Gold certification from Certified to Gold Award

CapitaMall Tianfu Chengdu, Green Mark Gold China (Provisional) CapitaMall Jinniu – Chengdu, Green Mark Certified Phase II China (Provisional)

Green Mark Gold CapitaMalls Asia’s first Green CapitaMall Wusheng Wuhan, China (Provisional) Mark Gold Award in China First operating mall in Malaysia to receive the BCA

Penang, Green Mark Gold Award Gurney Plaza Green Mark Gold Malaysia CapitaMalls Asia and CapitaLand’s first Green Mark Award in Malaysia CapitaMalls Asia and Vivit Square Tokyo, Japan CASBEE ‘A’ CapitaLand’s first CASBEE Award in Japan

Green Mark Certified CapitaMall Xuefu Harbin, China (Provisional)

CapitaMall Aidemengdun Harbin, China Green Mark Certified

Please refer to the Annex for details of green practices adopted by the malls that won awards in 2011.

About CapitaMalls Asia (www.capitamallsasia.com) CapitaMalls Asia Limited is one of the largest listed shopping mall 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$160.8 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. CapitaMalls Asia’s 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: 19 January 2012

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: [email protected] Email: [email protected]

Annex

JCube, Singapore – BCA Green Mark Platinum JCube is located at the site of the former Jurong Entertainment Centre (JEC) in the heart of Jurong East, next to the Jurong East Mass Rapid Transit and bus interchanges, offering convenient access for shoppers in the western region of Singapore. The former JEC was demolished in early 2010 and the new mall, JCube, consists of five levels of retail, two basement levels of car park, a rooftop landscaped plaza, IMAX cineplex, and Singapore’s first Olympic-size ice rink.

The mall will be an eco-friendly development fitted with energy-efficient and water-saving features, including the ice rink. A considerable amount of sustainable materials have also been used wherever possible. Softening the building façade are an outdoor terrace on Level 2 and a rooftop landscape garden with a Teflon-covered event space on Level 5, installed with an evaporative cooling system.

The development is currently in its final stage of construction, and is slated for completion in the first quarter of 2012.

CapitaMall Wusheng, Wuhan, China – BCA Green Mark Gold (Provisional) CapitaMall Wusheng is a mixed use development located at Zhong Shan Avenue, Wuhan, comprising a shopping mall by CapitaMalls Asia from Levels 1 to 7 and Somerset-branded serviced residences managed by The Ascott Limited from Levels 8 to 24.

The mall and serviced apartments will use centrifugal chillers and chilled water pumps which are the best in their ranges in terms of efficiency, and will hence reduce electricity consumption. Motion detectors will also be installed for all staircases to help save energy through reduced use of lighting.

Steps have been taken to monitor and set targets to reduce water and energy consumption during the construction phase. In addition, the use of environmental-friendly materials such as certified flooring, tiles and doors, and certified Low VOC (Volatile Organic Compound) paints for all internal walls will help to minimise emission of pollutants.

The development also has an extensive roof garden at the podium area, which will assist in reducing energy consumption. It is also designed with cooling load variations that correspond to thermal comfort, thus improving occupational health and comfort of users

CapitaMall Wusheng is slated for completion in the third quarter of 2012.

Gurney Plaza, Penang, Malaysia – BCA Green Mark Gold Only non ODP (Ozone Depletion Potential) refrigerant R134A are being used in Gurney Plaza. Activated carbon filters, ultra violet bacteria eradication light and silencers have been installed in exhaust systems to minimise air and noise pollution.

Energy audits are conducted every two years to ensure that all the M&E systems are operating efficiently, any anomalies or gaps are analysed, and corrective actions taken to ensure efficiency. Energy-saving measures taken within the malls include converting car park lightings from normal T8 to high performance T8 lightings.

An underground water and rainwater harvesting system is being installed to further reduce the consumption of potable water. This harvested water will be used for the cooling tower make up and flushing of the toilets.

A refuse recycling programme has also been implemented, where paper, plastic, glass and metal are collected and sent to recycling centres. These refuse are then sorted out and weighed to monitor the amount of refuse being recycled. Tenants are encouraged to participate in this recycling programme, and have been educated through series of briefings and circulars.

Vivit Square, Tokyo, Japan – CASBEE ‘A’ Award Vivit Square, in Funabashi City, Chiba Prefecture, is conveniently located within a short walk from two train stations, and 30 minutes by train from Central Tokyo. Completed in 2004, the four-storey shopping mall caters primarily to the daily necessity shopping needs of young families living in the neighbourhood. The mall is an eco-friendly building, with natural lighting from the skylight and energy- efficient systems. The building uses construction materials that require minimal maintenance. It also takes into account the surrounding environment by controlling waste disposal through recycling and having enough car park lots to alleviate traffic congestion in the vicinity of the mall.