GDI PROPERTY GROUP — Director's Dealing 2013

Dec 19, 2013

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	GDI	Property Group Limited
	GDI	Property Trust
ABN	166	479 189
ARSN	166	598 161

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	Mr Steven Neville Gillard
Date of last notice	18 December 2013

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	Lobster Beach Pty Limited (ACN 127 272
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	342) as trustee for Gillard InvestmentTrust (Mr Gillard is the sole director of
	Lobster Beach Pty Ltd and a beneficiary of
	the Gillard Investment Trust)
Date of change	A) 18 December 2013
	B) 19 December 2013
No. of securities held prior to change	30,086,216, held as follows
	Lobster Beach Pty Limited – 20,836,216
	Gillard Ventures Pty Limited – 9,163,784
	Flanard Investments PtyLimited – 86,216
Class	Ordinary Stapled Securities
Number acquired	A) 93,784
	B) 120,000
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration A) $83,844.44

Note: If consideration is non-cash, provide details and estimated valuation B) 107,281.97

No. of securities held after change 30,300,000 held as follows Lobster Beach Pty Limited – 21,050,000 Gillard Ventures Pty Limited – 9,163,784 Flanard Investments Pty Limited – 86,216 Nature of change On-market trade 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.

==> picture [434 x 317] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3