CAPITAMALLS ASIA LIMITED

Regn. No.: 200413169H (Incorporated in the Republic of Singapore)

ANNOUNCEMENTAPPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

CapitaMalls Asia Limited (“CMA”) wishes to announce the appointment of Tan Sri Amirsham Bin A Aziz (“Tan Sri Amirsham”) as an Independent Non-Executive Director of CMA with effect from 18 August 2011.

Tan Sri Amirsham has served as a Minister in the Prime Minister’s Department of the Government of Malaysia, in charge of the Economic Planning Unit and Department of Statistics. Prior to that, he was the President and Chief Executive Officer of Malayan Banking Berhad.

Tan Sri Amirsham was awarded the Asian Bankers Lifetime Achievement Award in recognition of his outstanding leadership in financial services and inducted into the Global Hall of Fame by the International Association of Outsourcing Professionals.

Following the appointment of Tan Sri Amirsham, the Board of Directors of CMA will comprise the following Directors:

Mr Liew Mun Leong, Chairman (Non-Independent Non-Executive) Ms Jennie Chua (Non-Independent Non-Executive)

Mr Lim Tse Ghow Olivier (Non-Independent Non-Executive) Mr Sunil Tissa Amarasuriya (Independent Non-Executive) Tan Sri Amirsham Bin A Aziz (Independent Non-Executive) Dr Loo Choon Yong (Independent Non-Executive)

Mrs Arfat Pannir Selvam (Independent Non-Executive) Professor Tan Kong Yam (Independent Non-Executive) Mr Yap Chee Keong (Independent Non-Executive)

Mr Lim Beng Chee, Chief Executive Officer (Executive)

The initial public offering of CapitaMalls Asia Limited’s shares was sponsored by J.P. Morgan (S.E.A.) Limited and DBS Bank Ltd.

The detailed template announcement containing the particulars of Tan Sri Amirsham, pursuant to Rule 704(7) of the Listing Manual of the Singapore Exchange Securities Trading Limited (“SGX-ST”), is being released separately to the SGX-ST.

By Order of the Board

Kannan Malini

Company Secretary

17 August 2011

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