DEXUS — Major Shareholding Notification 2014

Feb 23, 2014

FAX

CBRE Clarion Securities LLC 201 King of Prussia Road Suite 600 Radnor, PA 19087

Tel +1 610 995 2500 $Fax + 16109640410$

$\mathrm{To:}$	The Manager – Company Announcements	Date:	21 February 2014
Company:	Australian Securities Exchange	From:	William E. Zitelli
Fax No :	(02) 9778 0999	Direct Line:
Subject:	Notice of ceasing to be a substantial holder		$#$ of Pages: 3 (including cover)
	- Dexus Property Group (DXS)
CC:

Message:

Dear Sir/Madam

In accordance with section 671B of the Corporations Act 2001, please find attached a Notice of Ceasing to be a Substantial Holder (Form 605) with respect to Dexus Property Group.

Sincerely,

William E. Zitelli Secretary

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Dexus Property Group
ACN/ARSN
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	CBRE Clarion Securities LLC
The holder ceased to be a substantial holder on	20 / 02 / 2014
The previous notice was given to the company on The previous notice was dated	19 / 02/ 2014 19 / 02 / 2014

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change $(4)$	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
Refer to Annexure Al

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

------------ --------------------------------------- Name and ACN/ARSN (if applicable)		_________ ------------------- Nature of association . ----------------------
	_________ ---------------------------------------	__________ --------------------------------------- ----------------------------------
		_________ .

4. Addresses

The addresses of persons named in this form are as follows:

Name			.	Address		$1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.$			.
ICBRE.	Clarion	Securities LLC	_______	'201	---------------------------------------	King of Prussia Road, Radnor, PA		19087	USA

Signature

	print name William E. Zitelli	Secretary capacity
sign here $\lambda\lambda$	. E 11 Mariana	date $21 / 02 / 2014$

ANNEXURE $'A'$ Change in relevant interests

This is the annexure marked 'A' on Page 1 referred to in the Form 604 notice of change of interests of substantial shareholder signed by me on: 21 / 02 / 2014

$\epsilon$ $\widetilde{\mathbb{S}}$ Nr

William E. Zitelli Secretary

Date of Change	Person whose relevant interest Nature of change changed		Consideration given Class and number of Person's votes in relation to change	securities affected affected
20/02/2014	CBRE Clarion Securities LLC	Buy of Units on ASX	4,060.02}	3,800.00	3,600,00
20/02/2014	CBRE Clarion Securities LLC	Sale of Units on ASX	$-20, 115, 975, 01$	$-18,920,335,00$	$-18,920,335.00$
19/02/2014	CBRE Clarion Securities LLC	Sale of Units on ASX	$-8,325,071.50$	$-7,761,200.00$	$-7,761,200.00$
18/02/2014	CBRE Clarion Securities LLC	Sale of Units on ASX	$-4,492,131.87$	$-4,183,004,00$	$-4,183,004.00$
17/02/2014	CBRE Clarion Securities LLC	Buy of Units on ASX	36,394.55	34,000.00	34,000.00
14/02/2034	CBRE Clarion Securities LLC	Sale of Units on ASX	$-183,851.33$	$-173,300.00$	$-173, 300.00$

$-31,000,039.00$ $-31,000,039.00$