Statistics of Shareholdings

as at 27 March 2003

Authorised share capital : $500,000,000
Issued and fully paid-up capital : $354,309,540
Class of shares : Shares of 50 cents each with equal voting rights

Temasek Holdings (Pte) Ltd holds 32% in the share capital of Keppel Corporation Limited and is deemed to be interested in the shares of Keppel Land Limited held by Keppel Corporation Limited.

Approximately 46% of the issued shares of Keppel Land Limited are held in the hands of the public. Accordingly, Rule 723 of the Listing Manual of the Singapore Exchange Securities Trading Limited has been complied with.