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CROMWELL PROPERTY GROUP Capital/Financing Update 2009

Nov 1, 2009

64673_rns_2009-11-01_f099ecbc-bdd3-4af9-945e-e0a5e185d4ff.pdf

Capital/Financing Update

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ASX Announcement November 2, 2009

RESPONSE TO MARKET SPECULATION

Cromwell Group (“Cromwell” or “the Group”) [ASX: CMW] wishes to respond to market speculation concerning a potential transaction.

Cromwell advises that it regularly discusses opportunities to maximise securityholder value. Recent discussions have included possible corporate activity and a potential placement to institutional investors (including some foreign).

There is no certainty that a 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 [email protected] Internet www.cromwell.com.au