STARHILL GLOBAL REIT: NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *	STARHILL GLOBAL REIT
Company Registration No.	N.A.
Announcement submitted on behalf of	STARHILL GLOBAL REIT
Announcement is submitted with respect to *	STARHILL GLOBAL REIT
Announcement is submitted by *	Lam Chee Kin
Designation *	Joint Company Secretary
Date & Time of Broacast	03-May-2012 17:59:11
Announcement No.	00099
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

>> Part I
1. Date of notice to issuer *	03/05/2012
2. Name of Director *	Hong Hai
3. Please tick one or more appropriate box(es): *
- Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]

>> Part II
1. Date of change of Interest	02/05/2012
2. Name of Registered Holder	Hong Hai
3. Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
# Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change	600,000
As a percentage of issued share capital	0.031 %
No. of Shares which are subject of this notice	200,000
As a percentage of issued share capital	0.010 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.65
No. of Shares held after the change	800,000
As a percentage of issued share capital

>> Part III
1. Date of change of [Select Option]
2. The change in the percentage level	From % to %
3. Circumstance(s) giving rise to the interest or change in interest	[Select Option]
# Please specify details
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions

>> Part IV
1. Holdings of Director, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	600,000	0
As a percentage of issued share capital	0.031 %	0.00 %
No. of shares held after the change	800,000	0
As a percentage of issued share capital	0.041 %	0.00 %

Footnotes

1. Where reference is made to shares, it refers to the units in Starhill Global Real Estate Investment Trust ("Units"). 2. The percentage figures shown above are calculated based on 1,943,023,078 issued Units as at 3 May 2012.