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DEXUS Major Shareholding Notification 2005

Jul 26, 2005

64807_rns_2005-07-26_eb9b6404-fe17-4bd3-a938-85ecf80ba0a1.pdf

Major Shareholding Notification

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TR RREEE

Managed in partnership with Deutsche Bank $\boxtimes$

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

Level 21 83 Clarence Street Sydney NSW 2000

PO Box R1822

Royal Exchange NSW 1225

Telephone 61 2 9249 9500 Direct 61 2 9 249 9040 Facsimile 61 2 9279 3090

Email: [email protected]

27 July 2005

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

Dear Sir/Madam

DB RREEF Trust (ASX: DRT) -Top 20 Holders

A copy of the Top 20 Stapled Security Holders as at 26 July 2005 is attached.

Following recent changes to the register we have been advised that DRT's index weight factor for all relevant S&P / ASX indices has been increased to 100%.

For further information, please contact

• Institutional Investors: Tony Dixon $(02)$ 9249 9040
• Retail Investors: Karol O'Reilly (03) 9270 4419
• Media inquiries: Tania Alexander (02) 9249 9711

Yours sincerely

for

John Easy Company Secretary

DB RREEF Trust Top 20 as at 26 July 2005

Rank Investor Current
Balance
% issued
Capital
1 J P MORGAN NOMINEES AUSTRALIA LIMITED. 424,005,003 15.52%
2 WESTPAC CUSTODIAN NOMINEES LIMITED 373,853,218 13.68%
3 NATIONAL NOMINEES LIMITED 313,057,367 11.46%
4 CITICORP NOMINEES PTY LIMITED 163,525,835 5.99%
5 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTY LIMITED
137,532,387 5.03%
6 ANZ NOMINEES LIMITED 129,598,076 4.74%
7 COGENT NOMINEES PTY LIMITED 73,292,742 2.68%
8 CITICORP NOMINEES PTY LIMITED 67,515,866 2.47%
9 AMP LIFE LIMITED 44,721,223 1.64%
10 FIRST AUSTRALIAN PROPERTY GROUP HOLDINGS PTY LIMITED 41,521,457 1.52%
11 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 37,457,123 1.37%
12 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTY
LIMITED
36,960,811 1.35%
13 COGENT NOMINEES PTY LIMITED 35,287,174 1.29%
14 VICTORIAN WORKCOVER AUTHORITY 28,686,225 1.05%
15 OUESTOR FINANCIAL SERVICES LIMITED 28,259.549 1.03%
16 WESTPAC FINANCIAL SERVICES LIMITED 26,250,904 0.96%
17 TRANSPORT ACCIDENT COMMISSION 20,581,439 0.75%
18 ANZ NOMINEES LIMITED 18,484,924 0.68%
19 BOND STREET CUSTODIANS LIMITED
17,838,384 0.65%
20 AUSTRALIAN EXECUTOR TRUSTEES LIMITED 16,751,364 0.61%
TOTAL FOR TOP 20: 2,035,181,071 74.49%
TOTAL OTHER INVESTORS: 696,901,318 25.51%
GRAND TOTAL: 2,732,082,389 100.00%