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Notice Of Cessation Of Substantial Shareholding

BackMar 26, 2012
Part I
1. Date of notice to issuer 26/03/2012
2. Name of Substantial Shareholder Jil M. Considine, Chester B. Feldberg and Peter A. Langerman (as joint trustees of AIG Credit Facility Trust)
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Deemed Interest 14/01/2011
2. The change in the percentage level From 9.829 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

As a result of a restructuring of the AIG Group completed in 2011, the AIG Credit Facility Trust (the "Trust"), a trust for the benefit of the US Treasury (i.e., the U.S. public fisc), ceased to exist and the U.S. Treasury Department (i.e., the U.S. government department that oversees the U.S. Treasury) became the direct legal owner of the Trust's ownership interest in American International Group, Inc. Since the recent sell-down by American International Group, Inc. of its shares in AIA Group Limited, neither the Trust nor the U.S. Treasury Department has any deemed interest in Starhill Global Real Estate Investment Trust.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: As a result of a restructuring of the AIG Group completed in 2011, the AIG Credit Facility Trust (the "Trust"), a trust for the benefit of the US Treasury (i.e., the U.S. public fisc), ceased to exist and the U.S. Treasury Department (i.e., the U.S. government department that oversees the U.S. Treasury) became the direct legal owner of the Trust's ownership interest in American International Group, Inc. Since the recent sell-down by American International Group, Inc. of its shares in AIA Group Limited, neither the Trust nor the U.S. Treasury Department has any deemed interest in Starhill Global Real Estate Investment Trust.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 190,984,000
As a percentage of issued share capital 0 % 9.829 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %
Footnotes (1) Ther percentage interest is calculated based on the total issued units of 1,943,023,078 in Starhill Global REIT as at 26 March 2012.
(2) In this announcement, references to "shares" and "shareholder" are to be read as references to "units" and "unitholder" respectively.
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