CROMWELL PROPERTY GROUP — Capital/Financing Update 2009

Nov 2, 2009

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ASX Announcement November 3, 2009

FURTHER RESPONSE TO MARKET SPECULATION

Cromwell Group (“Cromwell” or “the Group”) [ASX: CMW] wishes to respond to the article in today’s Australian Financial Review titled ‘Cashed-up trusts out of Africa’.

As stated in our announcement yesterday, Cromwell is discussing corporate opportunities with a number of parties, including some potential institutional investors. None of these proposals are complete, either because fundamental commercial terms are still being discussed and/or due diligence has not been undertaken. All discussions are subject to confidentiality arrangements.

We confirm that there is no certainty that any transaction, whether a placement of securities or otherwise, will occur and any possible transaction would be subject to all regulatory requirements.

Cromwell will advise the market if any material developments occur.

ENDS: Media Enquiries to Paul Weightman on 0411 111 028.

Cromwell Corporation Limited ABN 44 001 056 980

Cromwell Property Securities Limited ABN 11 079 147 809 AFSL 238052 as responsible entity for Cromwell Diversified Property Trust ABN 30 074 537 051 ARSN 102 982 598

Level 19, 200 Mary Street, GPO Box 1093, Brisbane QLD 4001 Telephone 07 3225 7777 Facsimile 07 3225 7788 Email cromwell@cromwell.com.au Internet www.cromwell.com.au