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CROMWELL PROPERTY GROUP Capital/Financing Update 2018

Apr 2, 2018

64673_rns_2018-04-02_2fef5912-b122-4cf4-aef5-783a4eec4bc1.pdf

Capital/Financing Update

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ASX Announcement 29 March 2018

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SETTLEMENT OF CONVERTIBLE BOND OFFER

Cromwell Property Group (ASX: CMW) (Cromwell) is pleased to announce the settlement of its €230 million 2.5 per cent guaranteed convertible bonds due 2025 (Bonds).

Credit Suisse (Singapore) Limited and Goldman Sachs Australia Pty Ltd acted as Joint Lead Managers on the transaction.

Ends.

Media Enquiries:

Honner Media Paul Cheal / Jessica Effeney +61 (0) 427 755 296 / +61 (0) 400 998 373 [email protected] / [email protected]

ABOUT CROMWELL PROPERTY GROUP

Cromwell Property Group (ASX: CMW) is a Real Estate Investor and Manager with operations on three continents and a global investor base. The Group is included in the S&P/ASX 200. As at 31 December 2017, Cromwell had a market capitalisation of $2.0 billion, a direct property investment portfolio in Australia valued at $2.5 billion and total assets under management of $11.2 billion across Australia, New Zealand and Europe.

The Bonds are being offered outside the United States in compliance with Regulation S of the US Securities Act of 1933, as amended, and will not be registered under the US Securities Act.

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