Kingston Properties Limited (KPREIT) Rights Issue – Basis of Allotment

The basis of allotment of the Kingston Properties Limited Rights Issue is as follows:

• Renouncees:  100% allotment
• Existing Shareholders – partial:  100% allotment
• Existing Shareholders – full acceptance:  100% allotment
• Existing Shareholders – excess:   85.3940% allotment