EGM Statement

17 March 2011

ALPHA TIGER PROPERTY TRUST LIMITED ("ALPHA TIGER" OR THE "COMPANY")

Result of egm

At the Extraordinary General Meeting of the Company held on Thursday 17 March 2011, the resolutions in relation to the Takeover Panel Waiver and the Share Purchase were approved by shareholders.

The table below shows the number of votes received for and against the resolutions, representing a total of 86 per cent. of the total voting rights of 56,412,294 ordinary shares as at the date of the meeting.

Resolution For % Against % Total cast Withheld

Takeover Panel Waiver 96% 4% 48,509,851 25,235,100

Share Purchase 98% 2% 48,509,851 0

For further information please contact:

Alpha Tiger Property Trust Limited

David Jeffreys, Chairman, Alpha Tiger +44 (0) 1481 735 540

Brad Bauman, Joint Fund Manager, Alpha Tiger +44 (0) 20 7268 0300

Panmure Gordon, Nominated Adviser to the Company

Richard Gray/Andrew Potts/Abhishek Majumdar +44 (0) 20 7459 3600

Notes to editors:

About Alpha Tiger Property Trust

Further information is available at www.alphatigerpropertytrust.com