The Management of City Developments Limited (the "Company") has received enquiries with regards to rumors in the market that the Company is or may be planning a rights issue of ordinary shares. The Company wishes to clarify that such rumors are not true.
Submitted by
Shufen Loh @ Catherine Shufen Loh
Enid Ling Peek Fong
Company Secretaries
Date: 4 February 2009
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