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DEXUS Capital/Financing Update 2009

Jan 20, 2009

64807_rns_2009-01-20_0abcbfda-2876-43e1-8cda-55fe2ce0234a.pdf

Capital/Financing Update

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21 January 2009

The Manager Australian Stock Exchange Limited 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 61 2 9017 1100 Direct 61 2 9017 1134 Facsimile 61 2 9017 1110

Email: [email protected]

Dear Sir/Madam

DEXUS Property Group (ASX: DXS) – December 2008 Distribution Reinvestment Plan Issue Price

The December 2008 Distribution Reinvestment Plan issue price will be $0.7658 per stapled security.

The DRP issue price represents a 2% discount to the average daily volume weighted average price for the 10 day pricing period ending 16 January 2009.

For further information, please contact

Investor Relations: Renee O’Connor (02) 9017 1134
Media Relations: Emma Parry (02) 9017 1133

Yours sincerely

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John Easy Company Secretary