OREANDA-NEWS. The Directors of Keppel Land Limited advise the following results of the Company and of the Group for the full year ended 31 December 2014.

These figures have not been audited.

Recycling of Assets Lifts Profits

Net profit of USD 752.5 million supported by divestment gains of Singapore and overseas assets

Fund management contribution rose 19.4% y-o-y from USD 46.7 million to USD 55.8 million

Net debt/equity ratio improved from 0.38x as at end-2013 to 0.20x at end-2014

Net asset value per share increased 9.5% y-o-y from USD 4.52 to USD 4.95

Proposed final dividend of 14 cents per share higher than the 13 cents paid in 2013