CHARTER HALL GROUP — Earnings Release 2012

Aug 6, 2012

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ASX/MEDIA ANNOUNCEMENT

30 June 2012 Results Update

Tuesday, 7 August 2012

Charter Hall Funds Management Limited, as responsible entity for Charter Hall Property Trust and Charter Hall Limited (ASX: CHC) (Charter Hall or the Group) provides the following update for its financial results for the year ended 30 June 2012. These results are preliminary in nature and unaudited.

Operating Earnings for the Year Ended 30 June 2012

Affirming previous guidance issued on 18 June 2012, operating earnings before specific items is expected to be approximately $63.6 million or 21.5 cents per security.

Operating earnings after specific items, being net Charter Hall Office REIT (CQO) fees after closure costs of the United States (US) office, costs of retaining the management rights, organisational restructure costs and provision for CHOF4 performance fee clawback is expected to be approximately $54.9 million or 18.6 cents per security.

Statutory Profit after Tax for the Year Ended 30 June 2012

Following completion of the normal end of year revaluation of the Group’s managed funds property portfolio, Charter Hall expects its statutory profit after tax for the year ended 30 June 2012 to be approximately $17 million. This compares to $52.3 million reported for the year ended 30 June 2011. The principal differences between the expected full year statutory profit after tax and expected operating earnings after specific items for the year ended 30 June 2012 include:

• Approximately $10 million of non-cash mark to market losses on financial derivatives in managed funds.

• Approximately $6 million net write down in the carrying value of Charter Hall’s 15% equity accounted investment in development projects being undertaken by CHOF5, predominantly at Little Bay Cove, Sydney.

• Approximately $12 million release of accumulated foreign currency translation reserve losses following the exit of investments in US and New Zealand for managed funds. This is a non-cash item and has no impact on net tangible assets (NTA).

• Approximately $7 million of other non-operating items including non-cash share based expenses, non-cash income tax and non-cash amortisation.

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Group Net Tangible Assets at 30 June 2012

The Charter Hall NTA position at 30 June 2012 is expected to be approximately $2.11 per security representing a 3.6% reduction in NTA from 31 December 2011. This includes the previously announced CHOF4 performance fee clawback provision of 4.7 cents per security.

These results are preliminary in nature and are unaudited.

For further information, please contact:

David Harrison

David Southon

Joint Managing Director Joint Managing Director Tel: +61 2 8908 4033 Tel: +61 2 8908 4025 david.harrison@charterhall.com.au david.southon@charterhall.com.au

Investor enquiries:

Kylie Ramsden Head of Listed Investor Relations Tel: +61 2 8295 1016 kylie.ramsden@charterhall.com.au

Media enquiries:

Rachel Mornington-West

Head of Marketing and Communications Tel: +61 2 8908 4093 - rachel.mornington west@charterhall.com.au

About the Charter Hall Group:

Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with over 20 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $9 billion of funds under management across the office, retail, industrial and residential 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.