CROMWELL PROPERTY GROUP — Director's Dealing 2018

Feb 20, 2018

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 30/09/01 Amended 01/01/11

Name of entity Cromwell Property Group (Cromwell) comprising Cromwell Corporation Limited (Company) and the Cromwell Diversified Property Trust (Trust) (the responsible entity of which is Cromwell Property Securities Limited (RE)) ABN ABN 44 001 056 980 (Company); ARSN 102 982 598 (Trust); ABN 11 079 147 809 (RE)

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	18 September 2015

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(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	CustodialServicesLimitedforMichelleMcKellar Superannuation Fund (of which MAMcKellar is a beneficiary)
Date of change	15 February 2018
No. of securities held prior to change	588,000 stapled securities
Class	Stapled securities
Number acquired	15,839 stapled securities
Number disposed	None
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$15,000.00
No. of securities held after change	603,839 stapled securities

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Participation in Cromwell Property Group Example: on-market trade, off-market trade, exercise of options, Security Purchase Plan 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.

	art 2 – Change of director’s	interests in contracts	interests in contracts
	te: In the case of a company, interests whicdisclosed in this part.	h come within paragraph (ii) of the definit		ion of “notifi	a	ble interest of a	director” should
	Detail of contract		Not applicable
	Nature of interest		Not applicable
(
	ame of registered holderif issued securities)		Not applicable
	Date of change		Not applicable
i r	No. and class of securities to	which	Not applicable
	nterest related prior to changNote: Details are only required for a coelation to which the interest has changed	ntract in
I	nterest acquired		Not applicable
I	nterest disposed		Not applicable
a	Value/Consideration		Not applicable
	ote: If consideration is non-cash, provind an estimated valuation	e details
I
	nterest after change		Not applicable
	art 3 –+Closed period

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Yes. However, the CromwellPropertyGroupSecuritiesTradingPolicypermits suchtrading
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Yes
If prior written clearance was provided, on what date wasthis provided?	25 January 2018

Dated: 21 February 2018

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011