BWP GROUP — Director's Dealing 2007

Dec 5, 2007

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	BUNNINGS PROPERTY MANAGEMENT LIMITED,the responsible entity for the
	BUNNINGS WAREHOUSE PROPERTY TRUST
ABN	26 082 856 424

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	JOHN AMBROSE AUSTIN
Date of last notice	4 APRIL 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect interest	Indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Prohes Pty Ltd as Trustee for the Austin Superannuation Fund is the registered holder. John Ambrose Austin is a director and shareholder of Prohes Pty Ltd and beneficiary of the Trust together with Janet Austin.
Date of change	29 November 2007
No. of securities held prior to change	Bunnings Warehouse Property Trust Units:
	Indirect (Prohes Pty Ltd as Trustee for the Austin Superannuation Fund is the registered holder. John Ambrose Austin is a director and shareholder of Prohes Pty Ltd and beneficiary of the Trust together with Janet Austin.)	35,000 units

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Wesfarmers Limited fully paid ordinary shares:	Wesfarmers Limited fully paid ordinary shares:	Wesfarmers Limited fully paid ordinary shares:
	Indirect (Prohes Pty Ltd as Trustee for the Austin Superannuation Fund is the registered holder. John Ambrose Austin is a director and shareholder of Prohes Pty Ltd and beneficiary of the Trust together with Janet Austin.)		4,024 shares
Class	Wesfarmers Limited fully paid ordinary shares:
Number acquired	139	Wesfarmers Limited fully paid ordinary shares
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$40.4672 per share
No. of securities held after change	Bunnings Warehouse Property Trust Units:
	Indirect (Prohes Pty Ltd as Trustee for the Austin Superannuation Fund is the registered holder. John Ambrose Austin is a director and shareholder of Prohes Pty Ltd and beneficiary of the Trust together with Janet Austin.)		35,000 units
	Wesfarmers Limited fully paid ordinary shares:
	Indirect (Prohes Pty Ltd as Trustee for the Austin Superannuation Fund is the registered holder. John Ambrose Austin is a director and shareholder of Prohes Pty Ltd and beneficiary of the Trust together with Janet Austin.)		4,163 shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Issue of securities under the Wesfarmers Limited Dividend Investment Plan.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	BUNNINGS PROPERTY MANAGEMENT LIMITED,the responsible entity for the
	BUNNINGS WAREHOUSE PROPERTY TRUST
ABN	26 082 856 424

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	PETER JOHN MANSELL
Date of last notice	4 APRIL 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect interest	Indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Manfam Pty Ltd as trustee of the Peter and Elizabeth Mansell Superannuation Fund is the registered holder. Peter John Mansell is a director and shareholder of Manfam Pty Ltd and beneficiary of the fund.
Date of change	29 November 2007
No. of securities held prior to change	Bunnings Warehouse Property Trust Units:
	Indirect (Manfam Pty Ltd as trustee of the Peter and Elizabeth Mansell Superannuation Fund is the registered holder. Peter John Mansell is a director and shareholder of Manfam Pty Ltd and beneficiary of the fund.)	100,000 units

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Wesfarmers Limited fully paid ordinary shares:	Wesfarmers Limited fully paid ordinary shares:	Wesfarmers Limited fully paid ordinary shares:
	Indirect (Manfam Pty Ltd as trustee of the Peter and Elizabeth Mansell Superannuation Fund is the registered holder. Peter John Mansell is a director and shareholder of Manfam Pty Ltd and beneficiary of the fund.)		5,120 shares
Class	Wesfarmers Limited fully paid ordinary shares:
Number acquired	177	Wesfarmers Limited fully paid ordinary shares
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$40.4672 per share
No. of securities held after change	Bunnings Warehouse Property Trust Units:
	Indirect (Manfam Pty Ltd as trustee of the Peter and Elizabeth Mansell Superannuation Fund is the registered holder. Peter John Mansell is a director and shareholder of Manfam Pty Ltd and beneficiary of the fund.)		100,000 units
	Wesfarmers Limited fully paid ordinary shares:
	Indirect (Manfam Pty Ltd as trustee of the Peter and Elizabeth Mansell Superannuation Fund is the registered holder. Peter John Mansell is a director and shareholder of Manfam Pty Ltd and beneficiary of the fund.)		5,297 shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Issue of securities under the Wesfarmers Limited Dividend Investment Plan.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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