YTL Starhill Global REIT Management Limited as manager of Starhill Global Real Estate Investment Trust ("Starhill Global REIT") (in such capacity, the "Manager") announced the changes to the composition of the Manager's Board and Audit Committee: Mr. Lim Kok Hoong is appointed as an Independent Non-executive Director of the Board and member of the Audit Committee with effect from 1 January 2017 and as Lead Independent Director and Chairman of Audit Committee with effect from 1 February 2017; and Dr. Hong Hai has resigned as Lead Independent Non-executive director of the Board and Chairman of the Audit Committee with effect from 1 February 2017. Mr. Lim has over 33 years of audit and financial consulting experience and was responsible for the audits of statutory boards and some of the multinational corporations in Singapore, Indonesia and Malaysia. Mr. Lim served as a Senior Partner of Ernst & Young Singapore from 2002 to 2003. Mr. Lim started his career with Arthur Andersen in 1971 and served as the Managing Partner of Arthur Andersen Singapore from 1990 to 2002 and as Regional Managing Partner for the ASEAN region in Arthur Andersen from 2000 to 2002. Mr. Lim is also Chairman of the Board and a member of the Audit Committee at Parkway Trust Management Limited (manager of Parkway Life REIT) and Sabana Real Estate Investment Management Pte Ltd. (manager of Sabana Shari'ah Compliant REIT). He is also an Independent Director and Audit Committee Chairman of Genting Singapore PLC and Global Logistic Properties Ltd. Mr. Lim's past appointments include directorships at Genting Integrated Resorts Operations Management Pte Ltd, Hoe Leong Corporation Ltd, Amtek Engineering Ltd. and Singapore Tourism Board.