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BWP GROUP Capital/Financing Update 2010

Jan 12, 2010

64592_rns_2010-01-12_2986b523-8b56-4f52-95e3-248f96856e76.pdf

Capital/Financing Update

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13 January 2010

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ARSN 088 581 097

Extension of existing debt facility

The Directors of Bunnings Property Management Limited, the responsible entity for the Bunnings Warehouse Property Trust, today announced the extension of one of the Trust’s existing banking facilities. The $100 million facility with Australia and New Zealand Banking Group Limited has been extended until July 2013.

Other than expiry date and pricing (which is consistent with market pricing) the terms of the facility remain substantially the same.

Further details of the Trust’s banking facilities will be provided as part of the half-year results due to be announced on 11 February 2010.

Grant Gernhoefer General Manager, Bunnings Property Management Limited

Telephone: (08) 9327 4318 E-mail: [email protected] Website: http://www.bwptrust.com.au/