Reference is made to the announcements dated 21 April 2014 and 19 May 2014 in relation to the IDRP applicable to the 2014 First Interim Income Distribution, that allows unitholders of Axis Real Estate
Investment Trust ("Axis-REIT") to reinvest their income distribution
in new units in Axis-REIT.
The Board of Directors of Axis REIT Managers Berhad, the management
company of Axis-REIT, is pleased to announce that based on the valid
Income Distribution Reinvestment Forms ("IDRFs") received by Axis-REIT's
registrars, Symphony Share Registrars Sdn Bhd on 2 June 2014, being
the expiry date for submission of the IDRFs, Axis-REIT is required to
issue 2,461,009 new units in Axis-REIT ("New Units") pursuant to the
IDRP in respect of the 2014 First Interim Income Distribution. The New
Units represent approximately 84% of the 2,928,846 total number of new
units that would have been issued pursuant to the IDRP, had all the
entitled unitholders of Axis-REIT elected to reinvest their respective
electable portion under the IDRP in new units.
This announcement is dated 5 June 2014.