The Securities and Futures Commission of Hong Kong, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CLARIFICATION ANNOUNCEMENT

The board of directors (the Board) of The Link Management Limited (the Manager), as manager of The Link Real Estate Investment Trust (The Link), has noted reports in certain Hong Kong newspapers today regarding a possible acquisition of property in Shanghai, The People's Republic of China (the PRC).
The Manager would like to advise that, in line with The Link's stated investment strategy, the Manager has been exploring from time to time investment opportunities in first-tier cities in the PRC, including Shanghai. The Manager does not intend to comment on market rumour in the various newspaper reports.
As at the date of this announcement, no binding agreement has been entered into by The Link in respect of any acquisition of property. The Manager will make further announcement in accordance with the Code on Real Estate Investment Trusts if and when any binding agreement for acquisition of property is entered into by The Link.

Unitholders and potential investors of The Link should note that The Link may or may not enter into any binding agreement or make any acquisition of property. Unitholders and potential investors of The Link are therefore reminded to exercise caution when dealing in the securities of The Link.

By order of the board of directors of

The Link Management Limited (as manager of The Link Real Estate Investment Trust) Ricky CHAN Ming Tak

Company Secretary

Hong Kong, 9 July 2015

As at the date of this announcement, the Board of the Manager comprises: Chairman (also an Independent Non-Executive Director)

Nicholas Robert SALLNOW-SMITH

Executive Directors

George Kwok Lung HONGCHOY (Chief Executive Officer)
Andy CHEUNG Lee Ming (Chief Financial Officer)

Non-Executive Director

Ian Keith GRIFFITHS

Independent Non-Executive Directors

William CHAN Chak Cheung
May Siew Boi TAN Peter TSE Pak Wing Nancy TSE Sau Ling David Charles WATT Richard WONG Yue Chim Elaine Carole YOUNG

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