Wendy Low Appointed As General Manager Of VivoCity
Singapore's Largest Retail & Lifestyle Destination to open in October 2006


5 June 2006, Singapore - Mapletree Investments Pte Ltd has appointed Wendy Low, a veteran in the property industry, as General Manager of VivoCity, to bring to life the vision of Singapore's largest multi-dimensional retail and lifestyle destination. Located at the HarbourFront precinct, VivoCity will open in October 2006.

Wendy assumed her new appointment on 29 May 2006. She will be responsible for maintaining and growing VivoCity as a magnet that draws tenants and visitors, from both Singapore and abroad. Wendy and the VivoCity team will work with more than 300 retailers and partners to evolve a diverse mix of innovative concepts and new-to-market brands. Together, they will pack an exciting year-round calendar of signature events and festivals at VivoCity. She will also drive efforts to establish this retail and lifestyle destination as a paragon of service excellence.

Wendy's career in property spans more than 20 years across a spectrum of sectors, including retail, commercial and industrial, public housing, and landscaping. Most recently, she was Acting Assistant General Manager at Frasers Centrepoint Ltd. There, she concurrently managed four malls - Centrepoint Shopping Centre, Anchorpoint Shopping Centre, Valley Point and Robertson Walk. Responsible for more than 200 leases, Wendy had oversight of not only the business and building aspects, but also service quality. Her strong focus on service quality led to a Service-class certification award from Spring Singapore. Prior to this, she held positions in the Housing Development Board and Esmaco Pte Ltd.

Wendy holds a Master of Science degree in Property Management and Maintenance, as well as a Bachelor of Science in Estate Management, both from the National University of Singapore.

"Wendy's track record puts her in good stead to enliven VivoCity as a refreshing and compelling lifestyle, shopping and entertainment destination. With her track record in managing a variety of retail and lifestyle centres catering to different audiences, we are confident that she will create delightful experiences at VivoCity, from retail and dining offerings, events and activities, to customer service," said Tan Boon Leong, Chief Operating Officer of Mapletree Investments Pte Ltd, the developer of VivoCity. "Her achievements in implementing service quality will be most relevant for VivoCity's commitment to service excellence."

"I am thrilled to be part of VivoCity. It is not every day that one gets the opportunity to help create a regional landmark and a Singapore icon. With VivoCity's size, emphasis on art and design, and vast open spaces for leisure and events, it will be like running a huge mall, an art museum, an event venue and a park all at once," said Wendy, "My first priority is to lead a team that is energetic, cheerful and people-oriented, to position VivoCity as a retail and lifestyle destination that will constantly surprise and delight visitors."

For more information, please contact:

Craig Mapleston
141 Worldwide Pte Ltd
Tel: (65) 6389 3396
Email: craig.Mapleston@141worldwide.com

Sonny Phua
Mapletree Investments
Tel: (65) 6377 6218
Email: sonny@mapletree.com.sg

About VivoCity
With over 1 million square feet of lettable floor space attracting a diverse mix of over 300 retailers, large event spaces, including an outdoor amphitheatre, a 20,000-square feet open plaza and a 300m harbour front boardwalk, VivoCity is set to become Singapore's largest and most diverse retail and lifestyle destination when it opens to the public in October 2006. Designed by world-renowned architect Toyo Ito, VivoCity will be the centre-piece of Singapore's newest lifestyle hub at the HarbourFront, which also includes Sentosa, Mt Faber, the Singapore Cruise Centre and the St James Power Station. CapitaLand Retail Ltd, a leading manager of retail space in Singapore, is the retail development manager of VivoCity.

About Mapletree Investments Pte Ltd 
Mapletree, the developer of VivoCity, is a leading real estate company with an asset base of approximately S$2.9 billion, comprising office, retail/lifestyle logistics/industrial, and high-tech industrial properties. It is committed to shaping new ways to deliver value to its stakeholders from multiple real estate investments and services. With its significant expertise, diverse skill sets and intimate knowledge of the property industry in Singapore and Asia, Mapletree is well-positioned to be an ideal strategic real estate partner in providing innovative real estate solutions and real estate related investment products.

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