| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | SAIZEN REAL ESTATE INV TRUST |
| Company Registration No. | 200712125H |
| Announcement submitted on behalf of | SAIZEN REAL ESTATE INV TRUST |
| Announcement is submitted with respect to * | SAIZEN REAL ESTATE INV TRUST |
| Announcement is submitted by * | Sean Pey, Chang |
| Designation * | Chief Executive Officer |
| Date & Time of Broacast | 14-Nov-2007 00:03:02 |
| Announcement No. | 00001 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 13/11/2007 |
| 2. Name of Director * | Raymond Wong Kin Jeon |
| 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 | 09/11/2007 |
| 2. Name of Registered Holder | See Footnote below |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Successful allocation pursuant to the initial public offering of Units of Saizen REIT. Total of 826,000 Units, of which 601,000 Units are held by Raymond Wong Kin Jeon and the remaining 225,000 Units are held by Yvonne Ho Yuk Yee, the wife of Raymond Wong Kin Jeon. |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of Shares held before the change | 0 |
| As a percentage of issued share capital | 0 % |
| No. of Shares which are subject of this notice | 826,000 |
| As a percentage of issued share capital | 0.184 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 1.00 |
| No. of Shares held after the change | 826,000 |
| 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 | 0 | 0 |
| As a percentage of issued share capital | 0 % | 0 % |
| No. of shares held after the change | 601,000 | 225,000 |
| As a percentage of issued share capital | 0.134 % | 0.05 % |
| Footnotes | Name of Registered Holders: 1. Raymond Wong Kin Jeon; and 2. Yvonne Ho Yuk Yee (wife of Raymond Wong Kin Jeon) |
