Singapore

Temasek Holdings ("Temasek") has placed out ordinary shares in SMRT Corporation Ltd (“SMRT”), comprising at least 5% of the total share capital of SMRT. Temasek’s shareholding in SMRT was 62.1% prior to this placement.

Ms Eleana Tan, Managing Director of Finance, Temasek said: “There have been a number of indications of interest for SMRT shares over the past few months. This placement will support this demand as well as widen the investor base for SMRT. The improved liquidity will be beneficial to all shareholders.”

JP Morgan has been appointed as the bookrunner for the placement of the SMRT shares.

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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