Qualified Notices

WITHHOLDING TAX NOT APPLICABLE FOR UNITHOLDERS AND BROKERS ARISING FROM SECTION 1446(F) AND SECTION 1446 (A) OF UNITED STATES ("US") INTERNAL REVENUE CODE

United Hampshire US REIT Management Pte. Ltd. in its capacity as manager (the “Manager”) of United Hampshire US Real Estate Investment Trust (“UHREIT” or the “REIT”), confirms that UHREIT is not engaged in a U.S. trade or business. UHREIT intends to continue to operate in a manner that will not cause it to be treated as engaged in a U.S. trade or business. Upon the advice of our tax advisor, the Manager will provide a notice in the manner required by the regulations (“Qualified Notice”), and accordingly the disposition of UHREIT units by unitholders as well as distributions from UHREIT will not be subject to Internal Revenue Code (the “Code”) Section 1446(f) withholding. The Manager intends to issue a Qualified Notice on a quarterly basis. The Qualified Notice will be valid for a 92 day period from its posting date.

Therefore the sale or transfer of UHREIT units by unitholders as well as distributions from UHREIT will not be subject to Section 1446(f) withholding and brokers who effect a transfer of UHREIT units are not required to withhold the Section 1446(f) withholding tax. Furthermore, unitholders are not required to file a U.S. federal income tax return or apply for a U.S. tax identification number solely based on the Section 1446(f) withholding tax.