Overview of Mapletree Logistics Trust September 2010

1. Overview of Mapletree Logistics TrustSeptember 2010 [Host Banker] Good morning/afternoon ladies and gentlemen. I am [ ] of [ ]. On behalf of the joint bookrunners, DBS Bank and UBS Investment Bank, it is my pleasure to welcome you to this roadshow presentation for the IPO of Mapletree Logistics Trust (�MLT�) This transaction marks another important milestone in the Singapore REIT sector. MLT is the first Asian-focused logistics REIT in Singapore and will be the sixth REIT to be listed in Singapore [Host Banker] Good morning/afternoon ladies and gentlemen. I am [ ] of [ ]. On behalf of the joint bookrunners, DBS Bank and UBS Investment Bank, it is my pleasure to welcome you to this roadshow presentation for the IPO of Mapletree Logistics Trust (�MLT�) This transaction marks another important milestone in the Singapore REIT sector. MLT is the first Asian-focused logistics REIT in Singapore and will be the sixth REIT to be listed in Singapore

2. 1

3. Structure of MapletreeLog

5. 100% owned by Temasek Holdings Formed in 2000 to hold PSA�s non-port property assets Owns S$6.2 billion of real estate assets � office,�logistics,�industrial, business park�and retail/lifestyle properties S$5.6 billion 3rd party AUM across Asia Extensive regional presence in 9 cities - Ho Chi Minh city, Hong Kong, Kuala Lumpur, Beijing, Shanghai, Guangzhou, Tokyo, Chennai and Gurgaon. Our Sponsor � Mapletree Investments Pte Ltd

6. 5 Sponsor�s Strong Commitment

7. Our Priority Markets

8. Key Financials

9. Key Highlights

10. Key Highlights (cont�d)

11. Data from excel file: Press Release_DPU Table_3Q2010(AC).xls Data from excel file: Press Release_DPU Table_3Q2010(AC).xls

12. Data from excel file: Press Release_DPU Table_3Q2010(AC).xlsData from excel file: Press Release_DPU Table_3Q2010(AC).xls

13. Scorecard Since IPO (Amount Distributable)

14. Scorecard Since IPO (DPU)

15. Capital Management

17. Resilient Portfolio Occupancy rate remains high at about 98% in Sep 2010 The improvement is due to an increase in occupancy rates in Hong Kong and Malaysia which recorded an increase of 5% and 3% respectively. Well diversified customer base Exposure to wide variety of stable end-users with no more than 20% exposure to a single sector Stability from long leases Weighted average lease term to expiry (�WALE�) maintained at about 5 years Ample cushion from security deposits Equivalent to 66% of 2010 annualised gross revenue, or average of 7.4 months coverage (Singapore only: 10 months) Further improvement to already low arrears ratio (typically less than 1% of annualised gross revenue) Diversification in terms of geography, customers and end-users

18. Successful Lease Renewals in 2010

19. MapletreeLog�s strategy for 2010

20. MapletreeLog�s Strategy for 2010 (cont�d)

21. Outlook for 2010 � Improving But Still Challenging

22. 21 In Summary

23. Asian Logistics Market: Overview

24. Asia is the place to be..

25. Steady Increase in Asia�s Share of the Global Logistics Market

26. � due to higher growth compared to the rest of the world

27. �within this, contract logistics shows the most significant growth potential

28. Contract Logistics - China, India & Vietnam are the fastest growing markets

29. Logistics Market Development

31. Logistics Costs as a % of GDP Logistics cost includes inventory holding, transportation, warehousing packaging, losses & related administration costs If logistics costs reduces by 15% to 20% through increasing infrastructure investments, GDP increases by 1.5% to 2%.Logistics cost includes inventory holding, transportation, warehousing packaging, losses & related administration costs If logistics costs reduces by 15% to 20% through increasing infrastructure investments, GDP increases by 1.5% to 2%.

32. Global Trade Lanes

33. Top 20 logistics companies in the world8 of the top 20 companies are our customers

34. Tier 1 Countries � Singapore, Japan & Hong Kong are Top 15 in terms of LPI

35. Why MapletreeLog?

36. 35 Why MapletreeLog?

37. 36 Why MapletreeLog? (Cont�d)

38. Important Notice The information contained in this presentation is for information purposes only and does not constitute an offer to sell or any solicitation of an offer or invitation to purchase or subscribe for units in Mapletree Logistics Trust (�MapletreeLog�, and units in MapletreeLog, �Units�) in Singapore or any other jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. The past performance of the Units and Mapletree Logistics Trust Management Ltd. (the �Manager�) is not indicative of the future performance of MapletreeLog and the Manager. Predictions, projections or forecasts of the economy or economic trends of the markets are not necessarily indicative of the future or likely performance of MapletreeLog. The value of the Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Manager redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (the �SGX-ST�). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representatives examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses, including employee wages, benefits and training, property expenses and governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's current view of future events. The forecast financial performance of MapletreeLog is not guaranteed and there is no certainty that it can be achieved. This presentation has been prepared by the Manager. The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the Manager or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. Neither this presentation, nor any copy or portion of it, may be sent, taken, transmitted or distributed, directly or indirectly, in or into the United States, Japan or Canada, or to any U.S. person (as such term is defined in Regulation S under the Securities Act of 1933, as amended (the �Securities Act�)). It is not an offer of securities for sale into the United States. The Units may not be offered or sold into the United States, Canada or Japan or to, or for the account or benefit of, U.S. persons unless they are registered or exempt from registration. The Units have not been and will not be registered under the Securities Act or the securities laws of any state of the United States. There will be no public offer of securities in the United States. This presentation may not be forwarded or distributed to any other person and may not be reproduced in any manner whatsoever. Any forwarding, distribution or reproduction of this information in whole or in part is unauthorised. Failure to comply with this directive may result in a violation of the Securities Act or the applicable laws of other jurisdictions. The information in this presentation must not be published outside the Republic of Singapore and in particular, but without limitation, must not be published in any United States edition of any publication. This document is not intended to be distributed or passed on, directly or indirectly, to any person in the United Kingdom or any other jurisdiction in which such action could not be lawfully made. Persons in the United Kingdom or any other jurisdiction in which such action would not be lawfully made should not take any action upon this document. These materials do not constitute an offer, solicitation or other recommendation to invest in MapletreeLog.

39. Thank You