GDI PROPERTY GROUP — Director's Dealing 2016

Nov 15, 2016

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	PropertyTrust
ACN	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	20 November 2015

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	Direct and indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	HSBC Nominees AustraliaGillard Ventures Pty Ltd as trustee forGillard GDI Trust (Mr Gillard is the soledirector of Gillard Ventures Pty Ltd and abeneficiary of Gillard GDI Trust)Flanard Investments Pty Ltd (Mr Gillardis the sole director of Flanard InvestmentsPty Ltd)Gillard Superannuation Pty Ltd as trusteefor Gillard Superannuation Fund (MrGillardisadirectorofGillardSuperannuation Pty Ltd and a beneficiaryof Gillard Superannuation Fund)
Date of change	16 November 2016

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	30,300,000 securities held as follows:HSBC Nominees Australia – 20,003,848Steven Gillard – 277,801Gillard Ventures Pty Ltd – 9,163,784Flanard Investments Pty Ltd – 86,216Gillard Superannuation Pty Ltd – 768,3511,591,017 Performance Rights held asfollows:Steven Gillard – 1,591,017
Class	Performance Rights
Number acquired	1,168,594 Performance Rights
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	30,300,000 securities held as follows:HSBC Nominees Australia – 20,003,848Steven Gillard – 277,801Gillard Ventures Pty Ltd – 9,163,784Flanard Investments Pty Ltd – 86,216Gillard Superannuation Pty Ltd – 768,3512,759,611 Performance Rights held asfollows:Steven Gillard – 2,759,611
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Performance Rights issued as part of GDIProperty Group’s STI and LTI plan(approved at the 2016 AGM)

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.

Detail of contract Nature of interest Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
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