Page 56 - TreasuryChinaTrust2011

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Statement by the Chief Executive Officer
In accordance with Section 86 of the Singapore Business Trusts Act, Chapter 31A, I certify that I am not aware of any violation
of duties of the Trustee-Manager which would have a materially adverse effect on the business of the Trust or on the interests
of all the Unitholders of the Trust as a whole.
Richard David
Chief Executive Officer
Singapore
19 March 2012
SAR1112034_TCT_AR_().indb 54 3/23/2012