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GOODMAN GROUP Capital/Financing Update 2009

Aug 25, 2009

64998_rns_2009-08-25_7e038cea-3d12-43c9-8fa3-5a372843c88c.pdf

Capital/Financing Update

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NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO US PERSONS

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Goodman completes initial allotment under entitlement offer and institutional placement

Date 26 August 2009 Release Immediate

Goodman has completed the initial allotment of stapled securities under the capital raising announced on 6 August 2009.

Goodman has allotted a total of 2,397,136,548 stapled securities under the Institutional Entitlement Offer (1,893,693,904), Institutional Placement (416,947,757) and for early acceptances under the Retail Entitlement Offer (86,494,887). Normal trading of these securities will commence today and holding statements will be despatched on Friday, 28 August 2009.

Additional Securities applied for will, subject to available shortfall and Goodman Group’s discretion to scale-back applications, be allotted on the Final Allotment Date (Wednesday, 16 September 2009).

For further information, please contact Goodman:

Greg Goodman Group Chief Executive Officer Tel +61 2 9230 7400

About Goodman : Goodman owns, develops and manages industrial property and business space globally. It is the largest industrial property group listed on the Australian Securities Exchange and one of the largest in the world, with offices across Asia Pacific, UK and Europe. At the core of the Group’s success is its integrated customer service model, which reflects the organisation’s commitment to creating long-term customer relationships.

Level 10, 60 Castlereagh Street, Sydney NSW 2000 | GPO Box 4703, Sydney NSW 2001 Australia Tel +61 2 9230 7400 | Fax +61 2 9230 7444 | [email protected] | www.goodman.com Goodman Limited ABN 69 000 123 071 Goodman Funds Management Limited ABN 48 067 796 641 AFSL Number 223621