DEXUS — Director's Dealing 2015

Oct 29, 2015

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	DEXUS Property Group comprising the stapled securities of
	DEXUS Diversified Trust (DDF)
	DEXUS Office Trust (DOT)
	DEXUS Industrial Trust (DIT)
	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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Craig Douglas Mitchell
Date of last notice	9 July 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 relevant interest.	Performance Rights granted under the Short Term Incentive (STI) Rights Plan and the Long Term Incentive (LTI) Rights Plan
Date of change	29 October 2015

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Performance Rights granted under the 2014 STI Rights Plan giving the right to 17,836 securities Performance Rights granted under the 2013 LTI Rights Plan giving the right to 59,253 securities Performance rights granted under the 2014 LTI Rights Plan giving the right to 85,503 securities 153,995 securities
Class	Ordinary
Number acquired	Performance Rights granted under the 2015 STI Rights Plan giving the right to 27,456 securities Performance Rights granted under the 2015 LTI Rights Plan giving the right to 91,520 securities
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	No cash consideration 2015 STI Rights Plan - $202,499 cash equivalent 2015 LTI Rights Plan - $674,997 cash equivalent (using a VWAP of $7.3754 per security as at 1 July 2015)
No. of securities held after change	Performance Rights granted under the 2014 STI Rights Plan giving the right to 17,836 securities Performance Rights granted under the 2015 STI Rights Plan giving the right to 27,456 securities Performance Rights granted under the 2013 LTI Rights Plan giving the right to 59,253 securities Performance rights granted under the 2014 LTI Rights Plan giving the right to 85,503 securities Performance Rights granted under the 2015 LTI Rights Plan giving the right to 91,520 securities 153,995 securities

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Granting of Performance Rights. Example: on-market trade, off-market trade, exercise of options, 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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+ Closed period
Were the interests in the securities or contracts detailed above traded during a+ closed period **where prior written clearance was required? **	N/A
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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