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DEXUS Board/Management Information 2006

Jan 29, 2006

64807_rns_2006-01-29_c2d397d5-40ac-4cd6-a36f-220e33f9a7ae.pdf

Board/Management Information

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DB RREFF

Managed in partnership with Deutsche Bank $\boxdot$

DB RREEF Funds Management Limited ABN 24 060 920 783 Australian Financial Services Licence Holder

Level 9 343 George Street Sydney NSW 2000

PO Box R1822 Royal Exchange NSW 1225

Telephone 61 2 9017 1100 Direct 61 2 9017 1136 Facsimile 61 2 9017 1132

Email: [email protected]

30 January 2006

The Manager Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

DB RREEF Trust (ASX: DRT) -Appointment & Resignation of Alternate Director

DB RREEF Funds Management Limited as responsible entity for DB RREEF Trust (DRT) wishes to advise the appointment of Mr Andrew James Fay, Chief Executive Officer of Deutsche Asset Management as an Alternate Director of DB RREEF Funds Management. Mr Andrew Fay is the Alternate Director to Charles Bertrand Leitner.

Mr Shaun Albert Mays has resigned as an Alternate Director of Mr Leitner.

For further information, please contact

• Institutional Investors: Tony Dixon $(02)$ 9017 1136
• Retail Investors: Karol O'Reilly $(03)$ 8611 2930
$\bullet$ Media inquiries: Kristin Silva $(02)$ 9249 9568

Yours sincerely

Tanya Cox Company Secretary