GOODMAN GROUP — Capital/Financing Update 2006

Jul 13, 2006

Macquarie Goodman

14 July 2006

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

Dear Sir

MACQUARIE GOODMAN GROUP ("MACQUARIE GOODMAN") DISPATCH OF HOLDING STATEMENTS

We confirm that the following documents were dispatched to Macquarie Goodman Securityholders today in relation to the completion of the Security Purchase Plan $("SPP");$

• $\rightarrow$ covering letter to Securityholders who participated in the SPP (copy enclosed);
• covering letter to Securityholders who did not participate in the SPP (copy $\rightarrow$ enclosed); and
• $\rightarrow$ Issuer Sponsored Holding Statements or CHESS Confirmations.

Please do not hesitate to contact the undersigned if you have any queries.

Yours faithfully

Carolyn Scobie Company Secretary

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

Macquarte Gotodinain

14 July 2006

Dear Securityholder

MACQUARIE GOODMAN GROUP ("MACQUARIE GOODMAN") SECURITY PURCHASE PLAN ("SPP")

Thank you for participating in the SPP. Macquarie Goodman was delighted with the response from investors with approximately \$400 million raised through the SPP and the Institutional Placement

Enclosed is your holding statement which sets out the number of new securities allotted to you under the SPP. Securities were allotted on 10 July 2006 with normal trading commencing on 12 July 2006. Please note that new securities acquired under the SPP will not carry an entitlement to participate in the distribution for the quarter ended 30 June 2006, but will rank equally with existing securities for all future distributions and in all other respects.

We would like to remind all Securityholders that a General Meeting of Macquarie Goodman Management Limited and Macquarie Goodman Industrial Trust will be held concurrently on 21 July 2006 at the Sofitel Wentworth, Level 1, Ballroom, 61-101 Phillip Street, Sydney, NSW. Securityholders may vote at the meeting or by completing the Proxy Form that was sent to Securityholders with the Notice of Meetings on 21 June 2006.

Should you have any questions, or if you have not received the Notice of Meetings and Proxy Form. please call our dedicated information line within Australia on 1300 723 040 or outside Australia on +61 3 9415 4000 or visit www.macquariegoodman.com.

Yours faithfully

Gregory Goodman CHIEF EXECUTIVE OFFICER

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 Castiereagh Street Sydney NSW 2000 GPO Box 4703 Sydney NSW 2001

+61 2 9230 7400 Telephone Facsimile +61 2 9230 7444 info@macquariegoodman.com.au www.macquariegoodman.com

Macquarie Goodman

14 July 2006

Dear Securityholder

MACQUARIE GOODMAN GROUP ("MACQUARIE GOODMAN") SECURITY PURCHASE PLAN ("SPP")

We are pleased to advise the completion of the SPP. Macquarie Goodman was delighted with the response from investors with approximately \$400 million raised through the SPP and the Institutional Placement

We would like to remind all Securityholders that a General Meeting of Macquarie Goodman Management Limited and Macquarie Goodman Industrial Trust will be held concurrently on 21 July 2006 at the Sofitel Wentworth, Level 1, Ballroom, 61-101 Phillip Street, Sydney, NSW. Securityholders may vote at the meeting or by completing the Proxy Form that was sent to Securityholders with the Notice of Meetings on 21 June 2006.

Should you have any questions, or if you have not received the Notice of Meetings and Proxy Form, please call our dedicated information line within Australia on 1300 723 040 or outside Australia on +61 3 9415 4000 or visit www.macquariegoodman.com.

Yours faithfully

Gregory Goodman CHIEF EXECUTIVE OFFICER

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 Castiereagh Street Sydney NSW 2000 GPO Box 4703 Sydney NSW 2001

Telephone +61 2 9230 7400 Facsimile +61 2 9230 7444 info@macquariegoodman.com.au www.macquariegoodman.com