CHARTER HALL GROUP — Director's Dealing 2008

Jan 16, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y Change of 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 Charter Hall Group (“CHC”) formed by stapling the shares of Charter Hall Limited and the units of Charter Hall Property Trust

ABN Charter Hall Limited ABN 57 113 531 150 Charter Hall Property Trust ABN 72 051 224 311

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	David John Southon
Date of last notice	3 July 2007

Part 1 - Change of director’s relevant interests in securities

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.

disclosed in thispart.
Direct or indirect interest	Direct and Indirect
Nature of indirect interest	- Doverville Holdings Pty Limited
(including registered holder) Note: Provide details of the circumstances giving rise to the relevant	- Charter Hall Executive Loan Security Plan
interest.
Date of change	11 January 2008
No. of securities held prior to change	Direct – 6,111,195 stapled securities
	Indirect – 2,152,008 via Doverville Holdings
	Pty Limited. David Southon is a director and
	shareholder of Doverville Holdings Pty
	Limited.
	Indirect - via a relevant interest of 5,310,501
	Securities in the Charter Hall Executive
	Loan Security Plan. The securities vest to
	plan members after performance and service
	criteria are met. The number of securities
	which have vested is 1,356,037.
Class	Ordinary stapled securities
Number acquired	260,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration	$1.948 per stapled security
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Direct – 6,371,195 stapled securities
	Indirect – 2,152,008 via Doverville Holdings
	Pty Limited. David Southon is a director and
	shareholder of Doverville Holdings Pty
	Limited.
	Indirect - via a relevant interest of 5,310,501
	Securities in the Charter Hall Executive
	Loan Security Plan. The securities vest to
	plan members after performance and service
	criteria are met. The number of securities
	which have vested is 1,356,037.
Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

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.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002