Singapore

Temasek Holdings (“Temasek”) has placed out 110 million ordinary shares of SMRT Corporation Ltd (”SMRT”) at S$1.11 per share. Resulting from this placement, Temasek’s shareholding in SMRT has been reduced from 62.1% to 54.8%.

This placement will improve the liquidity of SMRT stock and widen the stock’s investor base, benefiting all SMRT investors. The shares have been placed out to institutional investors, raising approximately S$122 million. Temasek remains the single largest shareholder of SMRT.

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This announcement is not, and is not intended to be, an offer of securities for sale in the United States or in any other jurisdiction. The securities mentioned in this announcement may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933. Neither Temasek nor SMRT intends to register any portion of the placement in the United States or to conduct a public offering of the SMRT shares in the United States.

For media enquiries, please contact:

Rachel Lin (Ms)
Associate Director
Corporate Communications
Temasek Holdings Pte Ltd
DID: (65) 6828 6766
Mobile: (65) 96661855
Fax: (65) 6828 6266