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PRESS RELEASE

SINGAPORE CONSORTIUM TO LEAD DEVELOPMENT OF NANJING CITY’S LARGEST FOREIGN COLLABORATIVE PROJECT “SINO- SINGAPORE NANJING ECO HIGH-TECH ISLAND”

Consortium includes Yanlord Land Group Limited, Sembcorp Industrial Parks Ltd and Surbana Land Pte Ltd

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Collaborative agreement is Nanjing city s largest Project seeks to establish a platform for the sustainable development of high- tech, smart industries under an ecologically conscious environment; the development will be progressively completed in three phases and spans a total GFA of approximately 6,000,000 sqm

Singapore/Hong Kong/Nanjing – 25 May 2009 – Yanlord Land Group Limited (“Yanlord”) together with Sembcorp Industrial Parks Ltd. (“Sembcorp”) and Surbana Land Pte Ltd. (“Surbana”) jointly announced today that they have through their joint venture company in Singapore, Singapore Intelligent Eco Island Development Pte Ltd. (“Eco-Island”) signed a collaborative agreement to develop “Sino-Singapore Nanjing Eco High-Tech Island” (“Eco High- Tech Island”) in Nanjing, People’s Republic of China (“PRC”).

The Singapore consortium, Eco-Island, signed the agreement with Nanjing Jiangdao Investment & Development Co., Ltd (“Jiangdao”) in Nanjing witnessed by Singapore’s Deputy Prime Minister Mr Wong Kan Seng, Singapore’s Minister of State for Trade & Industry and Manpower Mr Lee Yi Shyan, Jiangsu Province Party Secretary Mr Liang Baohua, Governor of Jiangsu Province Mr Luo Zhi Jun and representatives from the participating companies.

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