DEXUS — Capital/Financing Update 2015

Sep 30, 2015

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1 October 2015

133 Castlereagh Street T 02 9035 2000 Sydney NSW 2000 F 02 8988 2552 www.stockland.com

For media enquiries

Greg Spears

Senior Manager Media Relations Stockland T +61 (0)2 9035 3263 M +61 (0)406 315 014

Michelle Taylor

General Manager Stakeholder Relations

Stockland T +61 (0)2 9035 2786 M +61 (0)400 356 692

For investor enquiries

STOCKLAND SETTLES ON SALE OF 50% STAKE IN WATERFRONT PLACE AND EAGLE STREET PIER

Stockland has settled on the sale of its 50 per cent stake in the Waterfront Place office tower and Eagle Street Pier in the Brisbane CBD for $317.5 million. The ‘Waterfront Place Complex’ has been sold to DEXUS Property Group (DEXUS) and DEXUS Wholesale Property Fund (DWPF).

The agreement for sale was previously announced to the Australian Securities Exchange on 22 June 2015.

Antoinette Plater

Senior Manager Investor Relations Stockland T +61 (0)2 9035 3148 M +61 (0)429 621 742

Stockland

Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia’s largest diversified property group – owning, developing and managing a large portfolio of shopping centres, residential communities, retirement living villages, office and industrial assets. Stockland was recognised by the S&P Dow Jones Sustainability Indices (DJSI) as the as the global real estate sector leader for 2015-16, demonstrating world leadership across the areas of stakeholder engagement, customer relationship management, supply chain management, biodiversity and climate change strategy. Stockland was recognised as the Regional Sector Leader for Listed, Australian, Diversified Property Companies in the 2015 GRESB Report. www.stockland.com.au

Stockland Corporation Ltd ACN 000 181 733 Stockland Trust Management Ltd ACN 001 900 741 AFSL 241190 as Responsible Entity for Stockland Trust ARSN 092 897 348

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