NEWS & PRESS RELEASES


Starhill REIT Declares DPU of 3.46 Sen

Annualised yield increases to 8.64%
Total annual DPU of 6.91 sen

Kuala Lumpur, 16 July 2009

Starhill Real Estate Investment Trust (“Starhill REIT”) will distribute 3.4567 sen per unit as a final income distribution in respect of the financial year ended 30 June 2009.  Coupled with the interim distribution of 3.4554 sen per unit declared on 20 January 2009 for the six months ended 31 December 2008, this represents a total distribution per unit (“DPU”) of 6.9121 sen per unit for the 2009 financial year.  

Starhill REIT’s DPU translates into a yield of 8.64%, based on the weighted average unit price of RM0.80 for the year ended 30 June 2009.  In comparison, the DPU for the previous financial year ended 30 June 2008 was 6.8936 sen, representing a yield of 8.62%.   

NOTICE OF FINAL INCOME DISTRIBUTION ENTITLEMENT AND PAYMENT DATE

NOTICE IS HEREBY GIVEN THAT a final income distribution of 3.4567 sen per unit (of which 2.5754 sen per unit is taxable and 0.8813 per unit is non-taxable in the hands of unitholders) in respect of the financial year ended 30 June 2009 will be paid on 24 August 2009 to unitholders whose names appear in the Record of Depositors of Starhill Real Estate Investment Trust at the close of business on 4 August 2009. 

A Depositor shall qualify for entitlement only in respect of:

a) Units transferred into the Depositor’s Securities Account before 4.00 p.m. on 4 August 2009 in respect of transfers; and  

b) Units bought on Bursa Malaysia Securities Berhad on a cum entitlement basis according to the Rules of Bursa Malaysia Securities Berhad.