Mapletree Logistics Trust Plans to Raise S$250 Million (US$183.6 Million) Through The Proposed Private Placement of New Units

Mapletree Logistics Trust Management Ltd., in its capacity as manager of Mapletree Logistics Trust (“MLT”, and as the manager of MLT, the “Manager”), wishes to announce the proposed private placement of between 154,608,000 and 158,329,000 new units in MLT (the “Private Placement”, and the new units, the “New Units”) to institutional, accredited and other investors at an issue price of between S$1.579 and S$1.617 per New Unit (both figures inclusive) (the“Issue Price Range”) to raise gross proceeds of approximately S$250.0 million (the “Private Placement”).

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