ABACUS GROUP — Notice of Dividend Amount 2008

Mar 16, 2008

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ASX ANNOUNCEMENT

March quarter distribution

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The record date for determining entitlements to the Abacus Property Group distribution for the quarter ending 31 March 2008 will be 31 March 2008. The distribution rate will be 3.5 cents per stapled security. Payment of the distribution will be on or about 8 May 2007.

The Distribution Reinvestment Plan (DRP) will apply to this distribution. The issue price of securities under the DRP will be a 1% discount to the volume weighted average price of securities traded on the ASX over the five business days up to and including the record date.

Abacus Trust and Abacus Income Trust declare that they are managed investment schemes for the purposes of sub-division 12-H of the Taxation Administration Act 1953 in respect of the year ending 30 June 2008. The components of the distribution will be advised no later than the date of payment of this distribution.

Ellis Varejes Company Secretary Abacus Property Group (02) 9253 8600

Vivienne Bower Investor Relations Abacus Property Group (02) 9253 8600 0431 487 025

17 March 2008