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APPLICATION FORM Organised by Sponsored by Supporting Bodies Official Auditor Page 1 of 15 1 FOR OFFICAL USE ONLY APPLICATION FORM SEAA Ref: Information will be treated in confidence Please refer to the guidance notes for assistance in filling out this form Please type your answers The closing date 23 rd September 2005 Date acknowledged: Category : You are encouraged to attach additional information as an annex to this application Please ensure all attachments are referenced to each criteria and points raised Screened by : PART 1 : COMPANY INFORMATION Company Name KEPPEL LAND LIMITED http://www.keppelland.com.sg Name of Site Contact Company Head Office: (tick box) Singapore : 230 Victoria Street #15-05 Bugis Junction Towers Singapore 188024 Overseas : No. of sites: % local Ownership: > 50% Candidate site/premise address Caribbean at Keppel Bay 2 Telok Blangah Rd Correspondence Address Job title No. of employees At site: In company: Approx. 400 Web site http://www.caribbean.com.sg Trade Classification no. if any Tel : Fax: Email: Company operation service : Property Development and Property Fund Management Manufacturing : Government body: Briefly describe the main business activities taking place at the site (limit 100 words): Keppel Land is the property arm of Keppel Group, one of Singapore’s largest multi-national groups with key businesses in offshore and marine, infrastructure and property. Keppel Land aims to be a leading developer of quality housing in the region. It is geographically diversified in Asia, currently focusing on Singapore, China, Thailand, Vietnam, India and Indonesia. Keppel Land’s two core businesses are property development for sale and property fund management. On the Singapore Exchange, Keppel Land is one of the largest property listed companies by total assets. The Group’s fund management arm, Alpha Investment Partners Limited, manages property funds for recurring fee income.
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Page 1: SEAA Application Form - FINAL.docx_JACQUI_HENG

APPLICATION FORM

Organised by

Sponsored by

Supporting Bodies

Official Auditor

Page 1 of 15

1

FOR OFFICAL USE ONLY APPLICATION FORM SEAA Ref: Information will be treated in confidence

Please refer to the guidance notes for assistance in filling out this form

Please type your answers

The closing date 23rd September 2005

Date acknowledged:

Category :

You are encouraged to attach additional information as an annex to this application

Please ensure all attachments are referenced to each criteria and points raised

Screened by :

PART 1 : COMPANY INFORMATION

Company Name

KEPPEL LAND LIMITED

http://www.keppelland.com.sg

Name of Site Contact Company Head Office: (tick box) Singapore :

230 Victoria Street

#15-05 Bugis Junction Towers

Singapore 188024

Overseas :

No. of sites:

% local Ownership: > 50%

Candidate site/premise address

Caribbean at Keppel Bay

2 Telok Blangah Rd

Correspondence Address

Job title

No. of employees At site: In company: Approx. 400

Web site

http://www.caribbean.com.sg

Trade Classification no. if any

Tel : Fax: Email:

Company operation service :

Property Development and

Property Fund Management

Manufacturing :

Government body:

Briefly describe the main business activities taking place at the site (limit 100 words):

Keppel Land is the property arm of Keppel Group, one of Singapore’s largest multi-national groups with key businesses in offshore and marine, infrastructure and property. Keppel Land aims to be a leading developer of quality housing in the region. It is geographically diversified in Asia, currently focusing on Singapore, China, Thailand, Vietnam, India and Indonesia. Keppel Land’s two core businesses are property development for sale and property fund management. On the Singapore Exchange, Keppel Land is one of the largest property listed companies by total assets. The Group’s fund management arm, Alpha Investment Partners Limited, manages property funds for recurring fee income.

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PART 2 – SUMMARY OF ENVIRONMENTAL ACHIEVEMENT(S)

A

Title of the achievement(s), suitable for an Award citation

Recent environmental awards that Keppel Land has won include:

Storebrand's "Best In Class" Status

for its leading environmental and social performance. Awarded by leading Norwegian financial institution ‘Storebrand’, Keppel Land is one of only two Singapore companies on the list.

ACCA Singapore Environmental Reporting Award 2004

One of six finalists awarded by the Association of Chartered Certified Accountants for good corporate citizenship in the social, environmental and economic aspects of its activities.

Water Efficient Building

Bugis Junction Towers was acknowledged as a Water Efficient Building by PUB in May 2005.

B

Brief summary of the

achievement (s), no more

than 40 words each, suitable for use in press releases and publication

Keppel Land’s guiding principle of consideration for the

environment extends to the conservation of 100-year-

old docks of a former shipyard to the rejuvenation of an

old urban district to the meticulous design and

planning of world-class golf courses to preserve the

existing natural terrains in China and Indonesia.

As an annex to this application please provide evidence & technical details of your achievement(s) including a brief methodology, description of technology or process involved in the improvement. Provide numerical data on quantity of waste, water, energy conserved; composition of waste/ or water; and any other key details. You may attach drawings, photos, process flow diagrams or other supporting material.

C

State whether this is an outstanding achievement or continuous advance

Continuous Advance Outstanding Achievement

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D

Description of the achievement. Promote your application in terms of the criteria for an Award.

Limit 300 words

Keppel Land’s guiding philosophy is that properties should be developed to harmonise and improve the environment as well as enhance the quality of the life of the people who use them. This principle drives the design and development of all the Company’s projects, both local and regional. Extensive Green Initiatives

In Singapore, at Caribbean at Keppel Bay apart from preserving historic docks into private waterways, the seafront development is home to 15 different botanical species, with some 2,200 shrubs and 800 trees. Plants indigenous to the Caribbean islands such as cabbage palms, were planted, with special consideration to their tolerance of sea breezes. At Park Infinia at Wee Nam, about 66% of the 230,000 sf site area is dedicated for lush landscaping and recreational facilities, such as open lawns, water features such as an eco-pond, a tropical spa, waterfalls and flowing streams, creating an urban sanctuary.

Preservation of Historic Docks

Historic shipyard docks at Caribbean at Keppel Bay are cleaned, preserved and converted into water channels to promote marine life. Today, residents enjoy fishing along the waterways for fishes, prawns and crabs.

Protecting Wildlife Enclaves

Keppel Land is committed to preserving and conserving natural landscapes in its overseas projects as well. At Botanic Cove residential development in Sydney, Keppel Land collaborated with Hunter’s Hill Council to protect the nature reserves at Tarban Creek. Native species of vegetation and heritage-listed trees including 130 species of flora, fauna and indigenous plants such as Magnolia, Sandalwood and Tulipwood are grown. The lush reserve has attracted migrating wild ducks to roost in summer, becoming one of the area’s best kept wildlife enclaves.

Preserving Biodiversity

Keppel Land’s golf courses in Bintan, Indonesia and Kunming, China are sculptured along the natural contours of undulating landscape. Exceptional care is taken to preserve the land’s biodiversity. At the island resort of Ria Bintan, the award-winning golf resort takes an environmentally-friendly stance towards the maintenance of the greens. Hill slopes affected by natural erosion have been re-forested with indigenous trees. In the highlands of Yunnan, pristine lakes and majestic mountain ranges frame the picturesque world-class Spring City Golf and Lake Resort. The natural indigenous flora and fauna at this resort, which is situated 2,000 metres above sea-level have been carefully preserved.

Thoughtful Design

At The Seasons in Beijing, a complementary mix of evergreens and deciduous tress will capture the distinctive spirit of each season for residents to enjoy different facets of nature all year round. To accommodate the four seasons in China, our developments are oriented towards the south rather than east or west (which would subject residents directly to the cold in winter and the heat in summer). This has contributed to our project One Park Avenue receiving the Gold Award in the Environment Category in the Top 10 Properties in Shanghai by Hong Kong’s Da Gong Bao Newspaper.

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E

Summary of your programmes environmental leadership. Limit 100 words

Keppel Land’s developments are carefully crafted with detailed planning in structural design and landscape to strike a balance between economic objectives and environmental welfare. Energy Conservation

Keppel Land is hosting a District Cooling Plant at Marina Boulevard as part of the development of its One Raffles Quay office project. This provides centralised and more efficient air-conditioning system for adjoining sites. The building is also designed with energy efficiency features such as the intelligent passenger lift system to pools passengers by similar floor destinations to reduce waiting and travelling time and double-glazed glass to help reduce heat from entering the building. In Shanghai, 8 Park Avenue uses solar-power landscape lamps, a rain-water recycling system and a heat recovery pump for its swimming pool.

Water Conservation

Rainwater is recycled for the irrigation of golf courses at Spring City in Kunming and Ria Bintan in Indonesia. Spring City also worked with the local government to build a water treatment plant where rainwater is treated for residual chemicals before it is discharged into the lakes. Rainwater is also collected and used for cleaning at Caribbean at Keppel Bay. Keppel Land has installed water conservation systems in its buildings to recycle condensate water retrieved from air conditioning systems for watering plants. Office buildings like Ocean Building, Ocean Towers and Bugis Junction Towers have implemented water-saving measures using thimbles and other systems. The interactive fountain at Bugis Junction runs on a built-in filtering system, which purifies and recycles water continuously.

Creating Green Havens

Besides residential projects, Keppel Land deliberately incorporates pockets of green space with verdant landscaping and interactive water features in the architecture of its office buildings. For instance, Prudential Tower features a trellis-lined green haven with wide canopy and palm trees, while a central garden with water features nestles between Keppel Bay and HarbourFront Tower One.

Procurement and Use of Eco-friendly Materials

Newer buildings like Keppel Bay Tower and Prudential Tower have installed CFC-free air conditioning systems which do not release ozone-damaging gases. The Group’s hotels and resorts such as Sedona Suites Royal Park in Hanoi, Hotel Sedona Makassar in Indonesia, Spring City golf and Lake Resort in Kunming and InterContinental Singapore use low-impact cleaning chemicals and treats all sewage water before disposal.

Recycling and Waste Minimisation

Staff are educated and actively participate in recycling, reusing and reducing wastage through the disposal of scrap paper, old newspapers and magazines at recycling bins. These, together with used toners and ink cartridges, are sold to a recycling agency every month. Recycling bins are also placed in its residential developments to encourage residents to adopt the good habit.

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F

Summary of your programme’s environmental performance Limit 100 words

Recognition for Energy and Water Conservation

Melia Purosani Hotel in Yogyakarta is the first hotel outside of Bali that has been awarded the prestigious Green Globe 21 Certificate, which recognises commitment to operating at the world's highest environmental standards. The hotel spends considerable time benchmarking its energy and water consumption, waste production and disposal as well as implementing an integrated environmental and social sustainability policy. Ocean Building and Ocean Towers supported the national water conservation programme which resulted in an estimated 5% reduction in monthly water consumption.

Recognition for Greening Efforts

Prudential Tower won the prestigious FIABCI Prix d’Excellence, the real estate Oscars under the office/industrial category. The office building was judged by an international panel of experts on criteria such as benefit to the environment, impact on the local community construction, brokerage, facilities management and marketing strategy, Taman Sutera, Keppel Land's 500-ha residential township project in Johor Baru, was Runner-up in the Landscape Competition 2004 organised by the Landscape Department of Johor State. In line with providing a conducive, safe and friendly environment, its comprehensive amenities include a well-maintained park complete with a maze garden, shady footpaths and jogging tracks and a fitness corner. Similarly, Keppel Land’s projects in China have received recognition for its efforts at creating green enclaves within its developments. Among them are :-

a) One Park Avenue - Gold Award in the Environment Category of

Top 10 Properties in Shanghai by Hong Kong’s Da Gong Bao newspaper

b) The Seasons - Best Landscaping Award by Beijing’s Xin Jing

Bao newspaper, for capturing the distinctive spirit of each season with its landscaping. The children’s pool in the central garden is transformed into a rock garden in winter while the outdoor roller-blading rink changes into an ice-skating rink in winter.

c) The Waterfront - Most Habitable Development in Chengdu by the

Funan River Revitalisation Committee and Chengdu Shang Bao newspaper

d) The Waterfront - Best Landscaping Concept and Design by the

International Federation of Parks and Recreation in October 2004. Both awards were held under the auspices of the United Nations.

G

Has your site received any non-compliance notice from the ENV in the last 12 months? If so, please explain.

No.

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PART 3 – DETAILS OF YOUR ENVIRONMENTAL ACHIEVEMENT(S)

Environmental Leadership, Commitment & Systems – limit 500 words

Environmental Policy

Keppel Land’s guiding philosophy is that properties should be developed to harmonize and improve the environment as well as enhance the quality of life of the people who live and work in its properties.

Management Commitment

Objective

Management constantly strives to strike a balance between economically and environmentally viable management practices. As such, low impact, sustainable living and thoughtful consideration of environmental issue have always been guiding factors that shape the development of Keppel Land’s projects.

Conserving Natural Landscapes

Mindful of its responsibilites beyond the home front, Keppel Land is committed to preserving and conserving natural landscapes in its overseas projects as well. The Group is careful to observe development constraints and seek opportunities to enhance the natural value of its properties. At its Indonesian resort Ria Bintan, for instance, the architecture of the Forest Course cleverly circumvents existing natural contours, showcasing and opening wildlife corridors. The integrated design ensures that the “one-with-nature” theme permeates the entire resort.

Eco-friendly Hospitality

Through sustainable development, Keppel Land is able to attain a high level of eco-efficiency as it works towards improving the quality of life while progressively reducing ecological impacts. Its hotel arm, Sedona Hotels, uses eco-friendly cleaning chemicals in its hotels.

Quality Homes and Work Places As a major property developer contributing to changing landscapes in Singapore and the region, Keppel Land makes conscious efforts to create vibrant living and working spaces for its home-owners, tenants as well as the general public. Its commercial developments are distinguished by efficient intelligent features geared towards housing the world's leading corporations while incorporating environmentally-friendly initiatives which include the creation of green oases, where practicable, for environmental relief from concrete skyscrapers. Lush landscaping, interactive water features and roof gardens characterise some Keppel Land office buildings. In the same vein, Keppel Land homes are nestled in luxuriant sanctuaries where cars are often parked in the basement, freeing the first level for greenery and carefree play.

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Employee Involvement & Wider Community –limit 300 words Raising Environmental Awareness among Staff and Residents

Recycling, reusing and reducing wastage of office supplies are inherent practices adopted by staff. The Group believes in inculcating eco-friendly practices as part of a Group-wide corporate culture. Efforts to cut down unnecessary waste include the disposal of scrap paper, old newspapers and magazines at recycling bins placed in the office. Used toner and ink cartridges are also collected and sold to a recycling agency every month. At Caribbean at Keppel Bay, residents are encouraged to recycle paper, plastic and drink cans at designated recycling bins placed throughout the development. Paper and stationary usage was reduced with the introduction of web-based Keppel Knowledge Portal (K2Portal), which allows Keppel Land’s employees to apply for leave and obta in information online.

Involving Staff in Eco-efforts

a) Donating Old Resusable Materials

Keppel Land strongly believes in being socially responsible and in giving back to the communities in which it operates and invests in. Staff in its offices in Vietnam, Myanmar, Indonesia and China actively participate in donating reusable old clothes and furniture to local schools and orphanages. Spring City Golf and Lake Resort in Kunming, China donated re-usable furniture, computers, television sets and household appliances, batteries and light bulbs to the local schools, orphanages and homes for the aged. Sedona Suites Hanoi also regularly collects toys, clothing, food items and educational materials from staff and residents for donation to the School for People with Disabilities.

b) Supporting Community Activity

Through the Keppel Volunteers programme, staff helped to refurbish the premises of its adopted charity, the Association for Persons with Special Needs. Staff painted, scrubbed floors, weeded the grounds at Jalan Tembusu, as well as helped raised funds which eventually went towards the refurbishment of the Centre.

Promoting Employee Wellness

Recognising the importance of a healthy lifestyle, Keppel Land's commitment to the workplace health promotion programme has led to it being conferred the Singapore H.E.A.L.T.H (Helping Employees Achieve Life-Time Health) Bronze Award 2004 by the Health Promotion Board. The annual Singapore H.E.A.L.T.H award accords national recognition to organisations with commendable workplace health promotion programmes that look into the wellness of their employees. Workplace health promotion at Keppel Land is championed by its Staff Welfare Committee, which puts together activities such as health-related talks by external experts ranging from healthy eating and natural therapy to stress management. Fitness passes to the Clark Hatch Fitness Centre at InterContinental Singapore are also made available to staff looking to work out at the gym or pool.

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Environmental Performance & Results – limit 750 words a) Preservation of Natural Reserves

In building green, Keppel Land extends its landscaping efforts to preserving and conserving the natural habitat and designs each development to ensure minimal encroachment into natural reserves.

At Botanic Cove in Sydney, Keppel Land worked closely with the Hunters Hill Council on the conservation of the Tarban Creek and Angophora Gully. These include the design of the sedimentation basin which stops direct flow of silt from the stormwater drainage into the creek, and prevents erosion and subsequent pollution of the creek. This facilitates the reversal of long-term degradation of the creek. Similar careful planning for the environment was applied at the award-winning Ria Bintan Golf Club in Bintan, Indonesia. Hillslopes affected by natural erosion have been re-forested with indigenous trees. Barren turfs have also been re-planted with indigenous cover. To preserve air quality, open-burning to clear land parcels is strictly prohibited. As part of its recycling efforts, fallen trees are used to build staircases ensuring minimal impact on the natural forestation. Besides expanding the turf nursery size and increasing the number of shrubs, flowering plants and trees, some lakes have been utilised to capture excess run-off water and to maintain the water level of other lakes for water conservation. The Spring City Golf and Lake Resort in Kunming is another exemplary model of Keppel Land’s eco-efforts. Initially an arid and mountainous region afflicted by poor surface drainage and severe soil erosion, Spring City is now home to two world-class golf courses. The natural and indigenous flora which is situated 2,000 metres above sea-level were carefully preserved during the construction stage, and thereafter. Original eucalyptus trees and wildflowers have been relocated and replanted as the greens were carved out of the hills. Natural habitats of local fauna were painstakingly recreated to ensure that the ecosystem remains balanced and intact. Given the natural biodiversity, golfers can now enjoy glimpses of wild rabbits and squirrels, butterflies and even kingfishers skimming in the lakes.

b) Revitalisation of Old Districts

Keppel Land’s Park Avenue residential precinct in Shanghai has been recognised by the Jingan District office as contributing significantly to the rejuvenation of the district and has been credited as a catalyst to the urban renewal of the city. Previously an area encumbered by dilapidated shop houses, Jingan has since become one of the most sought after residential enclaves in Shanghai. As part of the project’s master plan, Keppel Land is re-developing the central thoroughfare, Wu Ding Road into a tree-lined boulevard framed by fountains, public plazas and park benches. These green features will add vibrancy and a new lease of life to the area, creating a lush residential sanctuary in the heart of Shanghai. One Park Avenue project in the Park Avenue precinct was awarded the Gold Award in the Environment category of Top 10 properties in Shanghai by Hong Kong’s Da Gong Bao newspaper for its verdant surroundings, thoughtful design and unit layouts. Thoughtfully designed to take into account Shanghai’s four seasons, all apartment units are oriented towards the favoured south -facing, and fitted with ample glass windows to capture the warmth and sunlight during winter.

c) Reduction of Ecological Impact

Sedona Hotels, Keppel Land’s hotel arm, uses only environmental-friendly cleaning products. Sedona Suites Hanoi and Sedona Suites Ho Chi Minh City serviced apartments in Vietnam use water-soluble, biodegradable cleaning agents and deodorisers to reduce chemical overruns. Sedona Suites Hanoi also takes proper care to treat sewage water before discharge and so prevents pollution of the famed West Lake. The general purpose cleaner used by Sedona Suites Hanoi also effectively purifies the drainage system and sewer treatment plant. In Indonesia, Hotel Sedona Makassar makes a conscious effort to reduce the use of resources made of plastic and uses environmentally-friendly supplies instead.

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At Ria Bintan in Indonesia, fertilisers are carefully chosen to minimise water contamination through quick evaporation. The use of pesticide is controlled, instead of blanket spraying on the premises. At the resort’s sewage treatment plants, effluents are treated to prevent possible environment pollution.

Similarly, the use of slow release fertilisers on Spring City’s golf courses ensures that water pollution is minimised. Lakes surrounding the golf courses in Spring City are constantly scrutinised closely to ensure there is no impairment of water quality.

d) Energy and Water Conservation Programmes

InterContinental Singapore, a champion of eco-friendly practices, has installed heat pumps to produce hot water for guestrooms and other usage. The reverse of refrigeration, heat pump technology taps heat from the environment and produces cold air which can be used to cool internal space. With the ceasing of the use of the boilers, no more pollutant was discharged into the environment. Coupled with the installation of the heat pumps, the general environment in the basement level is cooler. The cold air, which is a by-product of the heat pumps, is used to lower the temperature of the current laundry space. This results in further savings on energy. The quantum is four refrigeration tons per unit of heat pump. The hotel also has a linen programme that reduces daily changes, uses biodegradable cleaning agents and an active recycling programme involving the re-use of paper, plastic and glass. Timer switches are installed so that lights are turned off when not needed and energy-saving cards are provided in all guestrooms. The hotel has switched to energy-saving fluorescent bulbs, where possible.

Thoughtful recycling efforts are also adopted by Sedona Hotel Yangon and Sedona Hotel Mandalay, where old towels are recycled as cleaning cloth for housekeeping and kitchen use, while old table cloths are given a new lease of life as placemats in restaurants and at functions.

e) Environmentally-friendly Housing

Keppel Land’s condominium projects in China are oriented towards the south and uses double-glazed windows and concrete wall treated with external insulation material to keep occupants warm during winter and cool in summer. A recycled water system is used for watering the garden and for washing. In Beijing, The Seasons residential project features a recreational plaza, which transforms from a multi-purpose sports arena in spring, into an ice-skating rink in winter.

f) Bringing Nature into Homes

The Seasons in Beijing will be one of the first condominiums in the city to showcase the unique beauty of all the four seasons. Meticulous landscape planning ensures a mix of all-season evergreens as well as deciduous trees and flora to allow residents to enjoy different facets of nature all year round.

Attention to nature is not confined to the outdoors. Apartment units in projects such as 8 Park Avenue in Shanghai will have its own planter boxes where residents can create their very own high-rise sky gardens to bring nature into their homes. Keppel Land’s landed housing project Villa Arcadia at Srinakarin in Bangkok has specially designed resort-style "garden bathrooms" for each house. These are outdoor open-roof shower areas allowing for the enjoyment of natural surroundings in complete privacy. The design also encourages users to decorate the home with plants and other earthy materials. By so doing, Villa Arcadia at Srinakarin goes a step further by transferring the beauty of the outdoors into the home. Similarly in Vietnam, Keppel Land’s penchant for creating homes close to nature is brought to bear at Villa Riviera. Situated on the banks of the scenic Saigon River, this unique waterfront development with resort-style facilities is set against a backdrop of luxuriant tropical gardens. Pockets of green parks are embedded throughout the 6-ha site, along with tree-lined boulevards and water features.

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Environmental Monitoring and Reporting – limit 300 words

Environmental Reporting

Keppel Land dedicates a section of its Annual Report each year since 1997 to report on the environmental efforts that it has undertaken throughout the year. Eco-friendly initiatives undertaken by the Group in its operations are detailed in the report. These reports are also available online as the Group places past eight years’ annual reports on its corporate website, www.keppelland.com.sg.

Environmental Audit

Site Inspections

As a property developer and a property manager, Keppel Land employs many contractors and suppliers who provide a range of services and supplies including cleaning, services, pest control maintenance of landscaped areas, plant and machinery maintenance. To provide assurance of high standards, Keppel Land’s staff inspects the sites regularly and ensures practices detrimental to the environment are corrected. Experienced personnel formally audits property management activities addressing all key issues to evaluate.

Conducting Tests at Offices

To ensure high standards of indoor environment (temperature, humidity, lighting and Indoor Air Quality), Keppel Land’s property management team is committed to conduct tests in office buildings and tenants’ premises every two years. The scope of the assessment is based on the guidelines provided by the National Environment Agency. Water meter readings are also read daily to allow the maintenance staff to identify and prevent instances of irregular high consumption, for example, resulting from leaking pipes.

Benchmarking Energy and Water Consumption

Hotels such as Melia Purosani in Yogyakarta spends considerable time benchmarking its energy and water consumption, waste production and disposal as well as implementing an integrated environmental and social sustainability policy.

Working with Authorities

Besides working with the local authorities to set up a sewerage treatment plant, Spring City Golf and Lake Resort in Kunming also engaged in dialogues with the local authorities on anti -pollution activities.

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Economic Benefits of the Environmental Achievement(s) – limit 300 words

Savings in Water Consumption

Among the benefits that have resulted from environmental initiatives such as comprehensive water and energy conservation programs introduced at Keppel Land’s buildings are an estimated 5% reduction in monthly water consumption at Ocean Building and Ocean Towers. Another office building, Bugis Junction Towers was acknowledged a Water Efficient Building by PUB in May 2005. Water flow control devices installed in its taps has helped control water usage.

Savings in Energy Consumption

At InterContinental Singapore, no pollutant is discharged into the environment with the cessation of the use of the boilers. Coupled with the installation of the heat pumps, the general environment in the basement level is cooler. The cold air, which is a by-product of the heat pumps, is used to lower the temperature of the current laundry space. This results in further savings on energy. The quantum is four refrigeration tons per unit of heat pump.

Recognition for Environmental Preservation

Spring City Golf and Lake Resort, was singled out by Far Eastern Economic Review as a positive model for environmental preservation. Spring City's eco-friendly efforts include the use of biodegradable fertilisers, wastewater treatment and recycling, as well as re-greening of the surroundings. These measures have contributed to maintaining adjacent farmlands as well as reducing excessive chemical pollution to Lake Yang Zong Hai, the main reservoir of potable water for neighbouring region. Spring City has also contributed to the economy of nearby provinces by generating employment and promoting tourism.

Recognition for Benefit to the Environment

Prudential Tower won the prestigious FIABCI Prix d’Excellence, the real estate Oscars under the office/industrial category for its benefit to the environment, impact on the local community, construction, brokerage, facilities management and marketing strategy. Melia Purosani Hotel in Yogyakarta is the first hotel outside of Bali that has been awarded the prestigious Green Globe 21 Certificate, which recognises commitment to operating at the world's highest environmental standards. Taman Sutera, Keppel Land's 500-ha residential township project in Johor Baru, was Runner-up in the Landscape Competition 2004 organised by the Landscape Department of Johor State.

Recognition for Greening Efforts in China

The Group’s properties in China have received recognition for its greening efforts. These include :-

- Gold Award in the Environment Category in the Top 10 Properties in Shanghai for One Park Avenue by Hong Kong’s Da Gong Bao Newspaper

- Best Landscaping Award for The Seasons by Beijing’s Xin Jing Bao newspaper

- Most Habitable Development in Chengdu for The Waterfront by the Funan River Revitalisation Committee and Chengdu Shang Bao newspaper

- Best Landscaping Concept and Design for The Waterfront by the International Federation of Parks and Recreation in October 2004. Both awards for The Waterfront were held under the auspices of the United Nations.

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Innovation – limit 300 words

Innovative Construction Methods

Keppel aims to be an industry leader in constructing buildings with minimum environmental impacts using the latest construction methods and technologies. An innovative construction method known as the hybrid structural system has been deployed for the first time to build a 50-storey North Tower at One Raffles Quay office development. The system optimizes composite material usage. By adding steel, the amount of concrete used is reduced.

Design of Golf Courses

At the Indonesian resort Ria Bintan, the architecture of the Forest Course preserves the existing natural contours, showcasing and opening wildlife corridors. Existing ecosystems are being preserved as greenbelts in Bintan. The layout of the golf course is carefully planned to avoid the unnecessary removal of natural vegetation and trees at Spring City Golf and Lake Resort in Kunming, China. Where it was not possible, the original eucalyptus trees and wildflowers have been relocated and replanted.

Protecting Nature Reserves

To protect nature reserves at Tarban Creek and Angophora Gully, Keppel Land works closely with Hunters Hill Council in areas including the design of a sedimentation basin, which prevents soil erosion by storm water drainage into the creek.

Replication Activity – limit 300 words

The Company promotes the sharing of knowledge between the different countries so that environmental preservation and water conservation efforts are duplicated in projects across continents. For example, golf courses in Indonesia and China both share many common practices such as recycling of water and preservation of flora and fauna.

Strategic Vision – limit 300 words

Keppel Land’s commitment o the environment is an all-round effort which extends from its corporate culture. In striking a balance between economic objectives and environmental viability, Keppel Land is able to achieve a high level of ecological efficiency while improving the quality of life for all who live and work in our properties. Through its commitment to harmonise with the environment, Keppel Land strives for quality of life, meeting the needs of the present without compromising resources for future generations. Keppel Land remains focused in its eco-efforts and is committed to the philosophy that properties should be developed to harmonise with and improve the environment as well as enhance the quality of life of the people who use them in Singapore and overseas. Be it in the city or tropical resorts, this principle will drive the design and development of all the Company’s projects in Singapore and overseas.

Page 15: SEAA Application Form - FINAL.docx_JACQUI_HENG

APPLICATION FORM

Organised by

Sponsored by

Supporting Bodies

Official Auditor

Page 15 of 15

15

PART 4 – DECLARATION In addition to those applicants receiving an award or a commendation we will normally

publicize the names of shortlist applicants. Tick this box if you do NOT wish to receive this additional publicity.

DECLARATION I submit our application for the Singapore Environmental

Achievement Award. I certify that the particulars given and those in any accompanying statements are correct to the best of my knowledge and belief and that no material information has been withheld. I accept the rules and conditions of entry and agree to abide by the decisions of the selection committee on all matters relating to these Awards. SIGNED : DATE : 23 SEP 2005

ASSISTANT GENERAL MANAGER,

INVESTOR RELATIONS AND RESEARCH

POSITION

SERENA TOH 6433-7546

NAME (BLOCK LETTERS): TELEPHONE

FOR AND ON BEHALF OF: KEPPEL LAND LTD