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ASX Release

Charter Hall Long WALE REIT – Fulfilment of conditions for Conditional Market 10 November 2016

Charter Hall WALE Limited ACN 610 772 202 AFSL 486721 Responsible Entity of Charter Hall Long WALE REIT Level 20, No.1 Martin Place Sydney NSW 2000 GPO Box 2704 Sydney NSW 2001 T +61 2 8651 9000 F +61 2 9221 4655 www.charterhall.com.au

Charter Hall WALE Limited (“ CHWL ”) as responsible entity of each of LWR Finance Trust, Charter Hall Direct Industrial Fund, Canning Vale Logistics Trust No. 1, 218 Bannister Road Trust, CPOF Kogarah Holding Trust, Franklin Street Property Trust, and CHPT Dandenong Trust (together, Charter Hall Long WALE REIT) (ASX:CLW) advises that the conditions for the conditional market have been fulfilled, namely:

(a) settlement under the Offer Management Agreement;
(b) completion of the Restructure; and
(c) the completion of the allotment and issue of Stapled Securities to successful Applicants under the Offer.

Capitalised terms used in this announcement have the meaning given to them in the Product Disclosure Statement dated 27 September 2016 as supplemented by the Supplementary Product Disclosure Statement dated 27 October 2016.

Dispatch Date

CHWL confirms that despatch of CHESS allotment notices and issuer sponsored holding statements will occur on 14 November 2016.

Deferred Settlement and Normal Settlement Trading

Stapled Securities will trade on Friday, 11 November 2016 on an unconditional but deferred settlement basis.

Following completion of the dispatch of holding statements, normal settlement trading is expected to commence on Tuesday, 15 November 2016.

Final Top 20 and Distribution Schedule

A final statement setting out the names of the 20 largest holders of Stapled Securities, and the number and percentage of Stapled Securities held by those holders, is attached .

A final distribution schedule of the numbers of holders of Stapled Securities is attached .

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About Charter Hall Long WALE REIT

Charter Hall Long WALE REIT is an Australian Real Estate Investment Trust (“REIT”) listed on the ASX (ASX: CLW) and invests in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases.

Charter Hall Long WALE REIT is managed by Charter Hall Group (ASX:CHC) one of Australia’s leading fully integrated property groups, with over 25 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $17.5 billion of funds under management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.

The Group’s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.

For further information, please contact

For further information, please contact For media enquiries, please contact For investor enquiries, please contact Avi Anger Angus Booth Richard Stacker Fund Manager Communications Manager Global Head of Investor Relations Charter Hall Long WALE REIT Charter Hall Charter Hall T +61 2 8651 9111 T +61 2 8651 9223 T +61 2 8651 9260 [email protected] [email protected] [email protected]

For investor enquiries, please contact

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