Portfolio Update

Portfolio as at 8 January 2007 (IPO Date)

Quill Building 2 - HSBC

NLA : 184,453 sq. ft.

Acq Value :RM 109 mil

Quill Building 1 – DHL 1

NLA : 92,284 sq. ft.

Acq Value :RM53.1 mil

Quill Building 3 - BMW

NLA : 117,198 sq. ft.

Acq Value: RM 60.2 mil

Quill Building 4 – DHL 2

NLA : 99,183 sq. ft.

Acq Value : RM 57.7mil

Net Lettable Area 493,118 sq. ft

Purchase

Price : RM 52.1 mil

Current

Value : RM56.5 mil

Purchase

Price : RM 107.5 mil

Current

Value : RM117.5 mil

Purchase

Price : RM 59.4 mil

Current

Value : RM66.9 mil

Purchase

Price : RM 57.0 mil

Current

Value : RM62.1 mil

Note: The current market value of the respective buildings was valued by CH Williams Talhar & Wong on 1 December 2007.

24

Acquisitions within 5 months after the IPO

Wisma Technip Part of Plaza Mont’ Kiara

Current Net Lettable Area 799,547 sq. ft*Excluding car park area

NLA : 233,021sq. ft

Acq Value : RM125 mil

Purchase Price: RM125 mil

Current Value : RM141 mil

� The Sale & Purchase Agreements for the acquisitions of both Wisma Technip and part of Plaza Mont’ Kiara were entered into on 8 June 2007.

Note: The current market value of the respective buildings was valued by CH Williams Talhar & Wong on 1 December 2007.

NLA : 73,408 sq. ft *

Acq Value : RM91 mil

Purchase Price: RM90 mil

Current Value : RM105 mil

25

Issuance of 151,440,000 New Units

� Placement of 151,440,000 New Units in QCT has been concluded on

3 September 2007

� Raised proceeds of RM225,948,480

� Hence, the acquisitions of Wisma Technip and part of Plaza Mont’

Kiara were completed on 3 September 2007

26

4

11.6%57,106,288549,000,000491,893,712Total

13.5%16,720,457141,000,000124,279,543Wisma Technip6

14.7%13,492,503105,000,00091,507,497part of Plaza Mont’ Kiara5

8.9%5,100,00062,100,00057,000,000Quill Building 4 – DHL 24

12.4%7,393,32866,900,00059,506,672Quill Building 3 – BMW3

9.3%10,000,000117,500,000107,500,000Quill Building 2 - HSBC2

8.4%4,400,00056,500,00052,100,000Quill Building 1 – DHL 11

% Increase

Surplus / (Deficit) incorporated into QCT(RM)

Net Book Value as at 31.12.07 (after Revaluation)(RM)

Net Book Value as at 31.12.07 (prior to Revaluation)(RM)

Name of Properties

Summary of revaluation surplus

27

Wisma

Technip & part

of Plaza Mont'

Kiara

45%Quill Buildings

55%

Current Real Estate Size

31 December 2007

RM549 mil

Quill Buildings

RM 276 mil

QCT’s real estate size has doubled from IPO

IPO Date (8 January 2007)

Notes: (1) At IPO, the real estate portfolio comprises 4 properties acquired at RM276 million (Please refers to the IPO Prospectus dated 10

December 2006)

(2) Quill Buildings refer to Quill Building 1-DHL1, Quill Building 2-HSBC, Quill Building 3-BMW & Quill Building 4-DHL2

(3) As at 31 December 2007, the real estate portfolio comprises of the 4 Quill Buildings, part of Plaza Mont’ Kiara and Wisma

Technip. The current market values of all 6 properties were valued by C H Williams Talhar & Wong on 1 December 2007

28

Cyberjaya

100%

Geographical Diversification

At IPO As at 31 December 2007

Cyberjaya

55%

Part of Plaza

Mont' Kiara

19%

Kuala Lumpur

City Centre

26%

QCT has increased its exposure to prime locations

in Kuala Lumpur City Centre and decentralised KL

Notes: (1) At IPO, the real estate portfolio comprises 4 properties acquired at RM276 million (Please refers to the IPO Prospectus dated 10

December 2006)

(2) Quill Buildings refer to Quill Building 1-DHL1, Quill Building 2-HSBC, Quill Building 3-BMW & Quill Building 4-DHL2

(3) As at 31 December 2007, the real estate portfolio comprises of the 4 Quill Buildings, part of Plaza Mont’ Kiara and Wisma

Technip. The current market values of all 6 properties were valued by C H Williams Talhar & Wong on 1 December 2007

29

Diversification of Properties

At IPO

Quill Building 1-

DHL 1, 10%

Quill Building 4-

DHL2, 11%

Quill Building 3-

BMW, 12%

Part of Plaza

Mont' Kiara, 19%

Quill Building 2-

HSBC, 22%

Wisma Technip,

26%

Quill Building 1-

DHL1, 19%

Quill Building 4-DHL

2, 20%

Quill Building 3-BMW,

22%

Quill Building 2-

HSBC, 39%

Real Estate Size

Doubled

Notes: (1) At IPO, the Total Property Investment Value was based on IPO Prospectus dated 10 December 2006

(2) As at 31 December 2007, the Total Property Investment Value was based on valuation made by C H Williams Talhar & Wong on 1

December 2007

Total Property Investment Value: RM276 mil Total Property Investment Value: RM549 mil

As at 31 December 2007

30

Segmental Contributions

Retail, 11%

Car Park, 8%

Office, 81%

By Valuation

Notes: (1) Office comprises Quill Buildings and Wisma Technip

(2) Retail refers to retail portion of Plaza Mont’s Kiara

(3) Car Park refers to car parking bays in Plaza Mont’s Kiara

31

Blue-Chip Tenants

At IPO - Tenants from 4 Properties Current - Tenants from 6 Properties

Note : The above tenancy mix is calculated based on NLA

Panasonic

2%ACS

3%

DHL

40%

TRW

5%

HSBC

37%

BMW

7%

Quill

6%

DHL

24%

Technip

29%

Quill

4%

BMW

4.4%

Sunrise

9.2%

TRW

3.4%

HSBC

23%

ACS,

1.7%

Panasonic

1.3%

32

A Well Balanced Tenancy Mix

Banking

23%Logistics

24%

Oil & Gas

29%Property /

Construction

13%

Automotive

8%

IT/Electronics

2.9%

Note : The above tenancy mix is calculated based on NLA

33

Stable Projected Rental Income

The real estate properties are currently 100% occupied

with committed step-up rental rates

2.0%

5.1%

Portfolio Forecast Rental Rates Portfolio Forecast Rental Rates

(RM psf / (RM psf / mthmth))

3.96

4.06

4.25

2007 2008 2009

2.5%

4.7%

34

Lease Renewal Profile

12

Lease Up for Renewal by NLA as at 31 December 2007

0%2%

40%

0%

36%

12%

0%

10%

2007 2008 2009 2010 2011 2012 2013 2014

Years

Leases up for Renewal (by NLA)

35

Asset Enhancement Initiatives

14

Quill Building 3-BMW

– Additional 27 Parking Lots have been created

37

15

Wisma Technip – Toilet Refurbishment

�Removal of tiling, sanitary fittings & doors

�Dated Fittings and Tiles

During Refurbishment WorkBefore Refurbishment Work

38

16

Refurbishment works still in progress. Target completion by end August 2008

Wisma Technip – Toilet Refurbishment

�Modern Toilet Fittings & Lighting Effect�Modern Floor & Wall Tiles

After RefurbishmentAfter Refurbishment

39

17

Wisma Technip – Canopy Enhancement

Proposed New Canopy Existing Canopy

�Provides shelter for passengers drop-off and shield from rain water

�Insufficient coverage against rain

40

18

Quill Building 2-HSBC

– Fire Escape Staircase Roofing

Current Fire Escape Staircase (No.6)Current Fire Escape Staircase (No.5)

�Proposed new roof, scupper drains, etc�Proposed new roof, scupper drains,

etc

�Potential Health and Safety Risk during

evacuation exercise

�Potential Health and Safety Risk

during evacuation exercise

41

19

Quill Building 3-BMW

– Access Staircase from Bus Stop

Proposed Location of Steps & HandrailExisting Foot Path From Bus Stand

�For convenience and safety of tenants�Temporary steps used by tenants

42