CROMWELL PROPERTY GROUP — Director's Dealing 2008

Aug 28, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	CROMWELL GROUP
ABN	CROMWELL CORPORATION LIMITED ABN 001 056 980
	CROMWELL DIVERSIFIED PROPERTY TRUST ABN 30 074 537 051

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MICHELLE ANN McKELLAR
Date of last notice	27 August 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	INDIRECT
Nature of indirect interest	Custodial Services Limited <A/C			5> on
(including registered holder)	behalfof	the	Michelle	McKellar
Note: Provide details of the circumstances giving rise to therelevant interest.	Superannuation Fund of whichMcKellar is a beneficiary			Michelle
Date of change	28 August 2008
No. of securities held prior to change	170,000
Class	STAPLED SECURITIES
Number acquired	30,000
Number disposed	NIL
Value/Consideration	$21,273
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	200,000

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

ON MARKET TRADE

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002