DEXUS — Capital/Financing Update 2009

Apr 20, 2009

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21 April 2009

The Manager ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

DEXUS Funds Management Limited ABN 24 060 920 783 AFSL: 238163 Level 9, 343 George Street Sydney NSW 2000 PO Box R1822 Royal Exchange NSW 1225 Telephone 02 9017 1100 Direct 03 8611 2930 Facsimile 03 8611 2910

Dear Sir/Madam

Email: karol.oreilly@dexus.com

DEXUS PROPERTY GROUP (ASX: DXS) Request for trading halt

Under Listing Rule 17.1, DEXUS Funds Management Limited (DXFM), in its capacity as responsible entity for DEXUS Property Group (DXS), requests that an immediate trading halt be granted by ASX with respect to its ordinary stapled securities.

The trading halt is requested pending an announcement to the market in connection with a potential DXS capital raising.

In accordance with Listing Rule 17.1, DXFM provides the following information:

• the trading halt is necessary as otherwise trading in stapled securities may take place in an uninformed market;

• DXFM requests that the trading halt last for 48 hours, unless DXFM requests that the trading halt be lifted before that time; and

• DXFM is not aware of any reason why the trading halt should not be granted.

For further information, please contact:

Investor Relations	Karol O’Reilly	(03) 8611 2930
Media Relations	Emma Parry	(02) 9017 1133

Yours sincerely,

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John Easy Company Secretary