CHARTER HALL GROUP — Major Shareholding Notification 2007

Sep 3, 2007

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Westpac Banking Corporation ABN 33 007 457 141

Group Secretariat Level 20, 275 Kent Street Sydney NSW 2000 Telephone: +61 2 8253 0390 Facsimile: +61 2 8253 1215

4 September 2007

Company Announcements Platform Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Substantial Shareholder Notice

In accordance with section 671B(3) of the Corporations Act 2001 (Cth), we attach our Notice of Ceasing to be a Substantial Shareholder (Form 605) in respect of CHARTER HALL GROUP.

Yours faithfully

Anna O’Connell Company Secretary

Form 605

Corporations Law Section 671B Notice of ceasing to be a substantial holder

To Company Name/Scheme CHARTER HALL GROUP

ACN/ARSN ARSN 113 339 147

1. Details of substantial holder(1)

Name WESTPAC BANKING CORPORATION (WBC)

ACN/ARSN (if applicable) ABN 33 007 457 141

The holder ceased to be a substantial holder on 31/08/2007

The previous notice was given to the company on 20/07/2007

The previous notice was dated 18/07/2007

2. Changes in relevant interests

Particulars of each change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person’s votes affected
31/08/2007	WBC & its Associates Westpac Financial Services Group Limited (WFSG), BT Funds Management (NZ) Limited, BT Investment Management No.2 Limited, BT Funds Management Limited, BT Investment Management No.3 Pty Limited	See Schedule	See Schedule	See Schedule	See Schedule

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to the voting interests of the company or scheme are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

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4. Addresses The addresses of persons named in this form are as follows:	4. Addresses The addresses of persons named in this form are as follows:
Name		Address
Westpac Banking Corporation (WBC)		Level 20, Westpac Place, 275 Kent St, Sydney NSW2000
Westpac Financial Services Group Limited (WFSGL)		Level 20, Westpac Place, 275 Kent St, Sydney NSW2000
BT Funds Management (NZ) Limited		Level 15 PwC Tower 188 Quay Street Auckland NZ
BT Investment Management No.2 Limited		Level 20, Westpac Place, 275 Kent Street, Sydney NSW2000
BT Funds Management Limited		Level 20, Westpac Place, 275 Kent Street, Sydney NSW2000
BT Investment Management No.3 Pty Limited		Level 20, Westpac Place, 275 Kent Street, Sydney NSW2000
Charter HallGroup		Level 11, 333 GeorgeStreet, SydneyNSW 2000
Signature print name sign here	Anna O'Connell capacity CompanySecretary
	date 04/09/2007

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DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

• (2) See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Law.

• (3) See the definition of “associate” in section 9 of the Corporations Law.

• (4) Include details of: (a) Any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) Any qualification of the power of a person to exercise, control the exercise of, the voting powers or disposal of the securities which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of “relevant agreement” in section 9 of the Corporations Law.

• (5) Details of the consideration must include any and all benefits, money and other that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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SCHEDULE 2

Sales & Purchases for the period : 18/07/2007 to 31/08/2007 SECURITY: CHC

BT Funds Management Limited	BT Funds Management Limited
Date	Registered Company	Quantity	Value
16/08/2007	HSBC Custody Nominees (Australia) Limited.	110,390	292,534
17/08/2007	HSBC Custody Nominees (Australia) Limited.	72,730	184,909
	Total	183,120	477,442
	BT Funds Management Limited TOTAL :	183,120	477,442
BT Investment	Management No.2 Limited
Date	Registered Company	Quantity	Value
18/07/2007	BNP Fund Services Australasia Pty Limited	-51,687	-145,757
	Total	-51,687	-145,757
Date	Registered Company	Quantity	Value
18/07/2007	Citicorp Nominees Pty Limited	-22,198	-62,598
16/08/2007	Citicorp Nominees Pty Limited	130,204	345,041
17/08/2007	Citicorp Nominees Pty Limited	27,060	68,797
	Total	135,066	351,240
Date	Registered Company	Quantity	Value
18/07/2007	HSBC Custody Nominees (Australia) Limited.	-203,617	-574,200
18/07/2007	HSBC Custody Nominees (Australia) Limited.	-33,615	-94,794
18/07/2007	HSBC Custody Nominees (Australia) Limited.	-530,153	-1,495,031
18/07/2007	HSBC Custody Nominees (Australia) Limited.	-67,487	-190,313
18/07/2007	HSBC Custody Nominees (Australia) Limited.	-7,698	-21,708
19/07/2007	HSBC Custody Nominees (Australia) Limited.	-11,781	-33,045
16/08/2007	HSBC Custody Nominees (Australia) Limited.	44,640	118,296
17/08/2007	HSBC Custody Nominees (Australia) Limited.	41,020	104,289
22/08/2007	HSBC Custody Nominees (Australia) Limited.	538	1,480
	Total	-768,153	-2,185,027
	BT Investment Management No.2 Limited
	TOTAL :	-684,774	-1,979,545
BT Investment	Management No.3 Pty Limited
Date	Registered Company	Quantity	Value
19/07/2007	HSBC Custody Nominees (Australia) Limited.	300	846
19/07/2007	HSBC Custody Nominees (Australia) Limited.	-100,000	-282,000
20/07/2007	HSBC Custody Nominees (Australia) Limited.	-131,872	-374,873
23/07/2007	HSBC Custody Nominees (Australia) Limited.	-500,000	-1,436,000
24/07/2007	HSBC Custody Nominees (Australia) Limited.	-76,466	-221,889
24/07/2007	HSBC Custody Nominees (Australia) Limited.	-1,026	-2,975
25/07/2007	HSBC Custody Nominees (Australia) Limited.	300	855
25/07/2007	HSBC Custody Nominees (Australia) Limited.	2,601	7,413
25/07/2007	HSBC Custody Nominees (Australia) Limited.	500	1,425
27/07/2007	HSBC Custody Nominees (Australia) Limited.	-20,000	-58,000
27/07/2007	HSBC Custody Nominees (Australia) Limited.	-5,226	-14,424
2/08/2007	HSBC Custody Nominees (Australia) Limited.	-1,000	-2,830
10/08/2007	HSBC Custody Nominees (Australia) Limited.	3,500	9,765

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17/08/2007	HSBC Custody Nominees (Australia) Limited.	5,190	13,195
20/08/2007	HSBC Custody Nominees (Australia) Limited.	950	2,660
28/08/2007	HSBC Custody Nominees (Australia) Limited.	-190,785	-535,724
29/08/2007	HSBC Custody Nominees (Australia) Limited.	-396,346	-1,107,034
30/08/2007	HSBC Custody Nominees (Australia) Limited.	-58,280	-163,184
31/08/2007	HSBC Custody Nominees (Australia) Limited.	-155,000	-434,000
	Total	-1,622,660	-4,596,774
	BT Investment Management No.3 Pty Limited
	TOTAL :	-1,622,660	-4,596,774
BT Funds Management (NZ)
Date	Registered Company	Quantity	Value
22/08/2007	UBS	-12,000	-33360
	Total	-12,000	-33360
	BT Funds Management (NZ)
	TOTAL :	-12,000	-33360

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