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GOODMAN GROUP Capital/Financing Update 2005

Apr 11, 2005

64998_rns_2005-04-11_f930e2fa-4c4e-49a1-90fa-973bf8badac3.pdf

Capital/Financing Update

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Macquarie Goodman

12 April 2005

The Manager Company Notices Section Australian Stock Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

MACQUARIE GOODMAN GROUP ("MGQ") IMPORTANT NOTICE - STOCK LENDING

MGQ is on trading halt in connection with its non-renounceable one for ten Priority Entitlement Offer and Public Offer (the "Offer") which was announced this morning.

As a result, dealings in MGQ stapled securities (including any stock lending) after the announcement of the Offer on 12 April 2005 may be ignored by MGQ for the purpose of determining those entitled to participate in the Offer.

Therefore, if MGQ stapled securities are dealt with after this time (other than registrations of SEATS transaction which occurred before commencement of the trading halt on 12 April 2005) the acquirer may not be entitled to receive an entitlement in the Offer in respect of the MGQ stapled securities acquired.

Yours faithfully

Carolyn Scobie Company Secretary

Macquarie Goodman Group Macquarie Goodman Management Limited ABN 69 000 123 071 Macquarie Goodman Funds Management Limited ABN 48 067 796 641; AFSL Number 223621

Level 10, 60 Castlereagh Street Sydney NSW 2000 GPO Box 4703 Sydney NSW 2001

+61 2 9230 7400 Telephone Facsimile +61 2 9230 7444 [email protected] www.macquariegoodman.com