DEXUS — Director's Dealing 2012

Jan 8, 2012

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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	DEXUS Property Group comprising the stapled securities of
	DEXUS Diversified Trust (DDF), DEXUS Office Trust (DOT),
	DEXUS Industrial Trust (DIT) and DEXUS Operations Trust (DXO)
ABN	60 575 572 573 (DDF)
	45 098 862 531 (DOT)
	27 957 640 288 (DIT)
	69 645 176 383 (DXO)

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Wallace Richard Sheppard
Date of appointment	1 January 2012

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

holder	holder	holder
In the case of a trust, this includes interests in the tName of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.N/A			rust made available by the responsible entity of	the trust
		Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.N/A	Number & class of SecuritiesNil

Part 3 – 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	N/A
	Nature of interest	N/A
	Name of registered holder(if issued securities)	N/A
	No. and class of securities to whichinterest relates	Nil

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002