Mapletree Industrial appoints Ler Lily as chief financial officer

She will replace Loke Huey Teng who will be transferred to Mapletree Investments.

Mapletree Industrial Trust Management Ltd., as manager of Mapletree Industrial Trust (“MIT”, and as manager of MIT, the “Manager”), wishes to announce the resignation of Ms Loke Huey Teng as Chief Financial Officer of the Manager on 1 November 2011; and the appointment of Ms Ler Lily as Chief Financial Officer.

Ms Loke Huey Teng will relinquish her role as Chief Financial Officer of the Manager on same day. She will be transferred to Mapletree Investments Pte Ltd (“Sponsor”) and will go on no-pay leave to spend more time with her family. Ms Loke was instrumental in the execution of the successful listing of MIT on the SGX in October 2010 and has contributed significantly during her term as the Chief Financial Officer of the Manager. The Manager would like to express its gratitude and sincere appreciation to Ms Loke for her valuable contributions.

Ms Ler Lily is presently the Head of Treasury and Investor Relations of Mapletree Logistics Trust Management Ltd. (“MLTM”), the manager of Mapletree Logistics Trust. She leads the treasury team in the management of treasury and corporate finance activities, and oversees the investor relations function, according to a Mapletree Industrial report.

Prior to joining MLTM in September 2009, she was with the Sponsor since September 2001; her last held position with the Sponsor was Vice President (Treasury). Ms Ler Lily holds a Bachelor of Accountancy degree (Honours) from Nanyang Technological University, Singapore. She is a CFA charterholder and a non-practising member of the Institute of Certified Public Accountants in Singapore.