CHARTER HALL GROUP — Major Shareholding Notification 2011

Dec 4, 2011

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Charter Hall Office REIT

ACN/ARSN 093 016 838

1. Details of substantial holder (1)

Name Charter Hall Funds Management Limited ( CHFML ), Charter Hall Limited ( CHL ), Charter Hall Holdings Pty Limited ( CHHPL ) and Bieson Pty Ltd ( Bieson ) ACN/ARSN (if applicable) CHFML (ACN 082 991 786), CHL (ACN 113 531 150), CHHPL (ACN 051 363 547) and Bieson (ACN 110 465 168)

There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	05/12/2011
	21/06/2011
	21/06/2011

2. Previous and present voting power

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder
ToCompany Name/Scheme Charter Hall Office REIT ACN/ARSN 093 016 838 1. Details of substantial holder (1) Name Charter Hall Funds Management Limited (CHFML), Charter Hall Limited (CHL), Charter Hall Holdings Pty Limited (CHHPL) and Bieson Pty Ltd (Bieson) ACN/ARSN (if applicable) CHFML (ACN 082 991 786), CHL (ACN 113 531 150), CHHPL (ACN 051 363 547) and Bieson (ACN 110 465 168) There was a change in the interests of the substantial holder on 05/12/2011 The previous notice was given to the company on 21/06/2011 The previous notice was dated 21/06/2011 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Present notice Person’s votes Voting power(5) Person’s votes Voting power(5) Fully Paid Ordinary Units 66,304,121 13.44% 71,522,797 14.50% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6) Consideration given in relation to change (7) Class and number of securities affected Person’s votes affected N/A None None None None None 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person’s votes CHL, CHFML, Bieson and CHHPL The Trust Company (Australia) Limited as custodian of the Charter Hall Co- Investment Trust (CHCT) Bieson as trustee of CHCT Under s608(1) and s608(3) of the Corporations Act 49,372,206 Fully Paid Ordinary Units 49,372,206 CHL,CHFML and RIM JP Morgan Nominees Australia Limited as custodian for the Charter Hall Property Securities Fund (CHPSF), of which Reliance Investment Management Pty Limited (RIM) is the investment manager CHPSF Under s608(1) and s608(3) of the Corporations Act 600,000 Fully Paid Ordinary Units 600,000
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Present notice Person’s votes Voting power(5) Person’s votes Voting power(5) Fully Paid Ordinary Units 66,304,121 13.44% 71,522,797 14.50% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6) Consideration given in relation to change (7) Class and number of securities affected Person’s votes affected N/A None None None None None 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person’s votes CHL, CHFML, Bieson and CHHPL The Trust Company (Australia) Limited as custodian of the Charter Hall Co- Investment Trust (CHCT) Bieson as trustee of CHCT Under s608(1) and s608(3) of the Corporations Act 49,372,206 Fully Paid Ordinary Units 49,372,206
Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
CHL, CHFML, Bieson and CHHPL	The Trust Company (Australia) Limited as custodian of the Charter Hall Co- Investment Trust (CHCT)	Bieson as trustee of CHCT	Under s608(1) and s608(3) of the Corporations Act	49,372,206 Fully Paid Ordinary Units	49,372,206
CHL,CHFML and RIM	JP Morgan Nominees Australia Limited as custodian for the Charter Hall Property Securities Fund (CHPSF), of which Reliance Investment Management Pty Limited (RIM) is the investment manager	CHPSF	Under s608(1) and s608(3) of the Corporations Act	600,000 Fully Paid Ordinary Units	600,000

CHL, CHFML, CHHPL and Bieson	CHL, CHFML, CHHPL and Bieson	Fir Tree Value Master Fund L.P. and Fir Tree REOF II Master Fund LLC	Fir Tree Value Master Fund, L.P. and Fir Tree REOF II Master Fund LLC (and Bieson as trustee of CHCT following completion of the Unit Transfer Agreement dated 20 June 2011 (as disclosed in the substantial holder notice dated 21 June 2011)	Fir Tree Value Master Fund, L.P. and Fir Tree REOF II Master Fund LLC (and Bieson as trustee of CHCT following completion of the Unit Transfer Agreement dated 20 June 2011 (as disclosed in the substantial holder notice dated 21 June 2011)	Under s608(1), s608(3) and s608(8) of the Corporations Act	16,331,915 Fully Paid Ordinary Units	16,331,915
PSP		PSP	PSP		CHL, CHFML and Bieson have voting power over the Fully Paid Ordinary Units in which PSP is the registered holder because PSP is an associate of CHL, CHFML and Bieson and PSP has a relevant interest in the securities.	5,218,676 Fully Paid Ordinary Units	5,218,676
5. Changes in association The persons who have become associates of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association Reco Ambrosia Pte Ltd (Reco) and GIC Real Estate Pte Ltd (GICRE) On 5 December 2011, CHL, CHFML, Bieson, Reco (which is managed by GICRE) and PSP entered into the Consortium Agreement (copy attached asAnnexure A) in relation to a possible transaction involving the consortium offering to acquire units in the Trust. Accordingly, the parties to the Consortium Agreement are associates pursuant to Section 12 of the Corporations Act.
	Name and ACN/ARSN (if applicable)			Nature of association
	Reco Ambrosia Pte Ltd (Reco) and GIC Real Estate Pte Ltd (GICRE)			On 5 December 2011, CHL, CHFML, Bieson, Reco (which is managed by GICRE) and PSP entered into the Consortium Agreement (copy attached asAnnexure A) in relation to a possible transaction involving the consortium offering to acquire units in the Trust. Accordingly, the parties to the Consortium Agreement are associates pursuant to Section 12 of the Corporations Act.
PSP See above 6. Addresses The addresses of persons named in this form are as follows: Name Address CHFML, CHL, CHHPL, Bieson Level 11, 333 George Street, SydneyNSW 2000 Reco and GICRE c/- Reco Ambrosia Pte Ltd, 168 Robinson Road, #37-01, Capital Tower, Singapore 068912 PSP c/- Public Sector Pension Investment Board, 1250 Rene-Levesque Blvd West, Suite 900, Montreal, Quebec, Canada H3B 4W8	PSP			See above
	Name			Address
	CHFML, CHL, CHHPL, Bieson			Level 11, 333 George Street, SydneyNSW 2000
	Reco and GICRE			c/- Reco Ambrosia Pte Ltd, 168 Robinson Road, #37-01, Capital Tower, Singapore 068912
	PSP			c/- Public Sector Pension Investment Board, 1250 Rene-Levesque Blvd West, Suite 900, Montreal, Quebec, Canada H3B 4W8

		Name and applicable)	ACN/ARSN	(if	Nature of association
					On 5 December 2011, CHL, CHFML, Bieson, Reco (which is managed by GICRE) and PSP
		Reco Ambrosia Pte Ltd (Reco) and Real Estate Pte Ltd (GICRE)		GIC	entered into the Consortium Agreement (copy attached asAnnexure A) in relation to a possible transaction involving the consortium offering to acquire units in the Trust. Accordingly, the parties to the Consortium Agreement are associates pursuant to Section 12 of the
					Corporations Act.
		PSP			See above
6.	Addresses
The	addresses of persons named in this form are as follows:
		Name			Address
		CHFML, CHL, CHHPL, Bieson			Level 11, 333 George Street, SydneyNSW 2000
		Reco and GICRE			c/- Reco Ambrosia Pte Ltd, 168 Robinson Road, #37-01, Capital Tower, Singapore 068912
		PSP			c/- Public Sector Pension Investment Board, 1250 Rene-Levesque Blvd West, Suite 900, Montreal, Quebec, Canada H3B 4W8

Signature

print name sign here	Natalie Allen capacity Company Secretary
	date 5 December 2011

Appendix A – Consortium Agreement