CHARTER HALL GROUP — Capital/Financing Update 2010

Mar 15, 2010

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16 March 2010

Luxmy Wigneswaran Advisor, Issuers (Sydney) ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Level 11, 333 George Street Sydney NSW 2000 GPO Box 2704 Sydney NSW 2001 Tel +61 2 8908 4000 Fax +61 2 8908 4040 www.charterhall.com.au

Charter Hall Limited ABN 57 113 531 150 Charter Hall Funds Management Limited ABN 31 082 991 786

Allotment under Retail Entitlement Offer

Dear Ms Wigneswaran

Charter Hall Group ("Charter Hall") is pleased to announce the allotment of 72,323,202 new Charter Hall stapled securities ("New Securities") today under the Retail Entitlement Offer.

Following allotment of the New Securities today, the total number of Charter Hall stapled securities on issue is 1,212,723,832, however the relevant number of securities for calculating EPS, DPS and NTA is 1,162,380,237.[1]

Trading in the New Securities on ASX is expected to commence tomorrow, Wednesday 17 March 2010.

Please contact the undersigned if you require further information.

Yours faithfully

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Nathan Francis Deputy CFO/Company Secretary

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1 – excludes 50,343,595 securities issued under the Executive Loan Security Plan (ELSP) which are not recognised for accounting purposes in accordance with AASB2 Share Based Payments and therefore excluded for the calculation of EPS, DPS and NTA.