Clarification On Interim Dividend

BackAug 21, 2008
Reference is made to the announcements made by the Company on 4 August 2008 in relation to the Interim Dividend of $0.0217 per share payable on 2 September 2008 (Announcement No. 00048 and No. 00049).

The Company wishes to clarify that the abovementioned dividend is an interim tax-exempt (one-tier) dividend instead of an interim tax-exempt dividend.

By Order of the Board

Lim Ka Bee
Company Secretary
Singapore, 21 August 2008

Credit Suisse (Singapore) Limited and DBS Bank Ltd. were the joint global coordinators, bookrunners and underwriters for the initial public offering of ARA Asset Management Limited.