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CHARTER HALL GROUP Capital/Financing Update 2007

Dec 20, 2007

64645_rns_2007-12-20_c5f99e92-1803-4dbd-9ad9-785f630665f0.pdf

Capital/Financing Update

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21 December 2007

FOSTER’S COMPLETES SALE AND LEASE-BACK OF ABBOTSFORD PROPERTIES

Foster's Australia Limited (Foster's) today completed the sale of a portfolio of properties for $41 million to a joint venture comprising DPF, a managed fund of Charter Hall Ltd and the Wyllie Group.

The sale includes a portfolio of 10 properties adjacent to the Abbotsford brewery site, comprising administrative buildings, carparks and a visitor centre. A lease back of the properties has been agreed with an initial ten year term with subsequent five and seven year options.

Further information:

Media

Investors

Troy Hey Tel: +61 3 9633 2085 Mob: +61 409 709 126

Chris Knorr Tel: +61 3 9633 2685 Mob: +61 417 033 623