Changes in Sub. S-hldr's Int. (29B)

SUNWAY REAL ESTATE INVESTMENT TRUST

Particulars of substantial Securities Holder

Name	Sarena Cheah Yean Tih
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Units in Sunway Real Estate Investment Trust

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted ($$)
ACQUIRED	30/12/2010	2,235,600	0.963

Circumstances by reason of which change has occurred	Issuance of units by Sunway Real Estate Investment Trust to its Manager, Sunway REIT Management Sdn Bhd as part payment of management fees in units for the first financial quarter ended 30 September 2010.
Nature of interest	Deemed interest by virtue of Section 6A of the Companies Act, 1965 held through Active Equity Sdn Bhd, Timah Dunia Dredging Sdn Bhd, Sungei Way Corporation Sdn Bhd, Sunway City Berhad, Sunway REIT Management Sdn Bhd and spouse.
Direct (units)
Direct (%)
Indirect/deemed interest (units)	982,086,685
Indirect/deemed interest (%)	36.6100
Total no of securities after change	982,086,685
Date of notice	05/01/2011

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