Distribution Reinvestment Plan Schedule

Distribution Details
Distribution period	1 January 2015 to 30 June 2015
DRP issued price per unit	S$0.8115
Last trading day on a "cum distribution" basis	26 August 2015
Ex-date	27 August 2015
Books closure date	31 August 2015, 5.00 p.m.
Announcement of DRP issue price	31 August 2015
Return of DRP Notice & Election	15 September 2015, 5.00 p.m.
Payment of cash distribution	28 September 2015
Listing of units issued under DRP	28 September 2015

Terms Of Use

Thank you for visiting our Website. By accessing and using this Website, you shall be deemed to have accepted to be legally bound by these Terms of Use. If you do not agree to these Terms of Use, please do not use this Website.

Proprietary Rights
The materials located on this Website including the information and software programs (the Contents), are protected by copyright, trademark and other forms of proprietary rights. All rights, title and interest in the Contents are owned by, licensed to or controlled by Saizen REIT.

Non-confidentiality
You agree that all information and/or particulars sent or submitted by you through this website is non-confidential and non-proprietary unless otherwise expressly indicated in writing by you and may be used by Saizen REIT and / or its Manager in accordance with the Privacy Statement stated in this website, as may be amended from time to time by Saizen REIT and/or its Manager. You hereby consent to the disclosure by JRAM(S) of all information and particulars to third parties without further notice to you. You further undertake not to submit any information and/or other materials which are or may be offensive, illegal or which may not be lawfully disseminated under the laws of Singapore or any other relevant country.

Restrictions on use of Materials
Except as otherwise provided, the contents of this Website shall not be reproduced, republished, uploaded, posted, transmitted or otherwise distributed in any way, without the prior written permission of Saizen REIT or its manager.

Disclaimer of Warranties and Liability
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Saizen REIT shall therefore not be liable for any damage or loss of any kind howsoever and whatsoever caused as a result (direct or indirect) of the use of the Website, including but not limited to any damage or loss suffered as a result of reliance on the contents contained in or available from the Website.

Links from this Website to other websites
This Website may contain hyperlinks to websites which are not maintained by Saizen REIT. As such, Saizen REIT is not responsible for the contents of those websites and shall not be liable for any damages or loss arising from access to those websites. Use of the hyperlinks and access to such websites are entirely at your own risk.

Hyperlinks to other websites are provided as a convenience. In no circumstances shall Saizen REIT be considered to be associated or affiliated with any trade or service marks, logos, insignia or other devices used or appearing on websites to which this Website is linked.

All parties must seek permission from Saizen REIT prior to hyperlinking to, or framing, this Website or any of the Contents, or engaging in similar activities. Saizen REIT reserves the right to impose conditions when permitting any hyper linking to, or framing of this Website or any of the contents.

Saizen REIT reserves the right to disable any unauthorized links or frames and disclaims any responsibility for the content available on any other site reached by links to or from this Website or any of the contents.

Governing Law
These Terms of Use shall be governed and construed in accordance with laws of the Republic of Singapore.

Disclaimer

The information included on this website does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Saizen REIT (“Units”) in Singapore or in any other jurisdiction. The value of Units and the income from them, if any, may fall as well as rise from time to time. Units are not obligations of, deposits in, or guaranteed by, Japan Residential Assets Manager Limited (the “Manager”) (as manager of Saizen REIT), HSBC Institutional Trust Services (Singapore) Limited (as the trustee of Saizen REIT) or any of their affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities trading Limited (the “SGX-ST”). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

The Manager, its directors, employees and associates make no representation or warranty as to the accuracy or completeness of the information contained in this website and nothing contained herein is, or shall be relied on, as a promise or forecast as to the future. In particular, where information in this website has been extracted from public sources, the Manager accepts no responsibilities in respect of such information.

Privacy Statement

Saizen REIT and/or its Manager reserves the right at all times to collect and/or store information provided by you (including but not limited to name, mailing address, e-mail address or phone number) during your use of our website.

Saizen REIT and/or its Manager may from time to time request such information (including but not limited to your name, mailing address, e-mail address, type of request or other information) to provide you with a service or correspondence, or inform you of additional information and services, or to contact you regarding changes to the Contents of this website. You may at any time choose not to receive such updates by sending us an email to inform us of your decision. Please allow Saizen REIT and its Manager a reasonable amount of time to attend to your request as Saizen REIT and/or its Manager may at times, receive large volumes of email requests of varying nature.

Saizen REIT and its Manager will use reasonable endeavours to protect personal information from loss, misuse and alteration. Only authorized employees who are under appropriate confidentiality obligations will have access to your personal information. Provided always, nothing herein shall give rise to any liability or responsibility on the part of Saizen REIT and its Manager for any loss, misuse and/or alteration of any information provided by you.

This website may contain links to websites whose data protection and privacy statements may differ from Saizen REIT. Saizen REIT and its Manager shall not be responsible for the content and privacy practices of these other websites and advise that you refer to the privacy statements stated on those websites.

Saizen REIT and its Manager reserves the right to change this Privacy Statement from time to time without further notice. Your continued use of this website following any new statement that is posted will constitute your agreement to the Privacy Statement as amended.

Investor Relations

Investors Relations

Distribution Reinvestment Plan Schedule