MASNET : Interest Payment Relating To Variable Rate Notes Series 4 Issued Under The US$800 Million Multicurrency Medium Term Note Programme

KEPPEL LAND LIMITED

Pursuant to Rule 747(2) of the Singapore Exchange Securities Trading Limited Listing Manual, Keppel Land Limited (the “Company”) wishes to announce the following interest payment in respect of Variable Rate Notes Series 4 issued under the Company’s Multicurrency Medium Term Note Programme:

Notes Amount : S$6.25 million

Interest Period : From 30th October 2002 to 30th January 2003

Interest Amount : S$28,624.03

Payment date : 30th January 2003

Record date : 5 p.m. on 23rd January 2003

Paying Agent :
Standard Chartered Bank
6 Battery Road #04-00
Singapore 049909