DEXUS CONVENIENCE RETAIL REIT — Director's Dealing 2019

Nov 28, 2019

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	APN Convenience Retail REIT (AQR), comprising
	Convenience Retail REIT No. 1, Convenience Retail REIT
	No. 2 and Convenience Retail REIT No. 3
ARSN	Convenience Retail REIT No. 1 ARSN 101 227 614
	Convenience Retail REIT No. 2 ARSN 619 527 829
	Convenience Retail REIT No. 3 ARSN 619 527 856

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	Howard Ewan Brenchley
Date of last notice	1 August 2017

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 interest
Nature of indirect interest	Holvia Investments Pty Ltd <Holvia Super
(including registered holder)	Fund A/C>. Mr Brenchley has the power to
Note: Provide details of the circumstances giving rise to the relevantinterest.	influence the voting rights and disposal of theequity holdings of Holvia Investments Pty Ltd.
Date of change	27 November 2019
No. of securities held prior to change	39,075
Class	Ordinary stapled securities
Number acquired	8,850 stapled securities
Number disposed	Nil
Value/Consideration	$30,000.00
Note: If consideration is non-cash, provide details and estimated
valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 47,925 stapled securities Nature of change Issue of new securities pursuant to Security Example: on-market trade, off-market trade, exercise of options, 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.

==> picture [434 x 330] intentionally omitted <==

----- Start of picture text ----- Detail of contract Not applicableNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011