nabInvest supports Cambridge Industrial Trust’s Rights Issue

Singapore, 10 March 2011 - Cambridge Industrial Trust Management Limited (“CITM”), as manager (the “Manager”) of Cambridge Industrial Trust (“CIT”), advises that, in connection with the Rights Issue currently being undertaken, it has received an irrevocable undertaking from nabInvest Capital Partners Pty Limited (“NCP”), as manager of Antares nabInvest Trust (“AnIT”), that AnIT will subscribe for its pro rata entitlement of Rights Units under the Rights Issue. AnIT is the beneficial owner of an aggregate of 14.04 million units (the “Relevant Units”) representing 1.3% of the total Units in issue in CIT. NCP has also agreed that AnIT will not, and will procure that the registered owner holding such Relevant Units on behalf of AnIT will not, take any action inconsistent with that undertaking during the period up to and including the date on which the Rights Units are listed on the SGX-ST, without the prior written consent of the Manager and the Underwriter.


Mr Chris Calvert, CEO and Executive Director of the Manager, said, “We are pleased to receive the undertaking from NCP which shows nabInvest’s strong support and confidence in CIT and the Rights Issue. NCP and its parent company, National Australia Bank Limited, are valued partners as well as unitholders of CIT through AnIT. We look forward to their continued support.”