Singapore legislation

Regulation 6

of Income Tax (Exemption of Foreign Income) Order 2006

Regulation 6

Exemption for MapletreeLog Malaysia Holdings Pte Ltd

MapletreeLog Malaysia Holdings Pte Ltd shall —

(a)

with effect from 8th December 2005, be exempt from tax on any dividend derived from outside Singapore (being paid out of rental income earned in Malaysia) and received in Singapore, subject to the conditions specified in the letter of approval dated 8th December 2005 addressed to its tax agent; and

(b)

with effect from 6th January 2006, be exempt from tax on any interest derived from outside Singapore (being paid out of rental income earned in Malaysia) and received in Singapore, subject to the conditions specified in the letters of approval dated 6th January 2006 addressed to its tax agent.