CARINDALE PROPERTY TRUST — Director's Dealing 2008

May 22, 2008

23 May 2008

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Westfield Management Limited

The Manager Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Level 24, Westfield Towers 100 William Street Sydney NSW 2011 GPO Box 4004 Sydney NSW 2001 Australia Telephone 02 9358 7000 Facsimile 02 9358 7077 Internet www.westfield.com

Dear Sir/Madam

CARINDALE PROPERTY TRUST (ASX:CDP) FINAL DIRECTOR’S INTEREST NOTICE – LISTING RULE 3.19A

We refer to our announcement of 27 February 2008 and attach an Appendix 3Z notice in respect of Mr Dean Wills AO.

Yours faithfully WESTFIELD MANAGEMENT LIMITED

Responsible Entity of Carindale Property Trust

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Simon Tuxen Company Secretary

Encl.

Westfield Management Limited ABN 41 001 670 579 AFS Licence 230329 Responsible Entity of Carindale Property Trust ARSN 093 261 744 Level 24, Westfield Towers, 100 William Street, Sydney NSW 2011, Australia

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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	Carindale Property Trust
ARSN	093 261 744

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director Dean Robert Wills Date of last notice 2 August 2004 Date that director ceased to be director 23 May 2008

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil.

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

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

Name of holder & nature of Number & class of securities interest Note: Provide details of the circumstances giving rise to the relevant interest Nil.

Part 3 – Director’s interests in contracts

	Detail of contract	Detail of contract	Nil.	Nil.	Nil.	Nil.
	Nature of interest
	Name of registere(if issued securiti	d holderes)
	No. and class of	securities to
	which interest rel	ates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002