CARINDALE PROPERTY TRUST — Director's Dealing 2011

May 24, 2011

25 May 2011

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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 2 March 2011 and attach Appendix 3Z notices in respect of Mr David Lowy AM and Mr David Gonski AC.

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 as responsible entity of Carindale Property Trust ABN 29 192 934 520 ARSN 093 261 744

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		David Hillel Lowy
Date of last notice		13 July 2004
Date that director ceased to be directo	r	25 May 2011

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 ofinterestNote: Provide details of the circumstances givingrise to the relevant interestNil.	Number & class of securities

Part 3 – Director’s interests in contracts

Detail of contract	N/A.
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002

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	David Michael Gonski
Date of last notice	13 July 2004
Date that director ceased to be director	25 May 2011

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 ofinterestNote: Provide details of the circumstances givingrise to the relevant interestNil.	Number & class of securities

Part 3 – Director’s interests in contracts

Detail of contract	N/A.
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002