CROMWELL PROPERTY GROUP

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MARKET RELEASE

23 May 2013

TRADING HALT

The securities of Cromwell Property Group (the “Group”) will remain in Trading Halt Session State at the request of the Group, pending the release of an announcement by the Group in relation to its capital raising. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the commencement of normal trading on Monday, 27 May 2013.

Security Code: CMW

Lisa Banh Adviser, Listings Compliance

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23 May 2013

Adrian Smythe Manager, Listings ASX Compliance Pty Limited Level 6, Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Adrian

RE: CROMWELL PROPERTY GROUP – REQUEST FOR TRADING HALT

Pursuant to Listing Rule 17.1, Cromwell Property Group (ASX: CMW) ( Cromwell ) requests an immediate trading halt be granted by ASX Limited ( ASX ) with respect to its stapled securities.

The trading halt is requested in connection with a proposed material capital raising, including an institutional placement, to be announced by Cromwell on Thursday, 23 May 2013.

The following information is provided in accordance with Listing Rule 17.1:

Reason for trading halt – to avoid trading taking place on an uninformed basis and to allow the institutional component of the capital raising to take place in an orderly manner.
Duration of the trading halt – Cromwell expects that the trading halt will last until it makes an announcement to ASX concerning the outcome of the institutional component of the capital raising, which it expects to make before the commencement of trading on Monday, 27 May 2013.
Termination of trading halt – Cromwell anticipates that the trading halt will cease upon the commencement of normal trading on Monday, 27 May 2013.
No reason – Cromwell is not aware of any reason why the trading halt should not be granted.
Further information – none.

Yours faithfully