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GOODMAN GROUP Capital/Financing Update 2011

May 24, 2011

64998_rns_2011-05-24_24cf087c-8089-464f-baf1-a6255cb46bff.pdf

Capital/Financing Update

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Goodman acquires Moorabbin Airport and Business Park, in Victoria

Date 25 May 2011
Release Immediate

Goodman Group (Goodman) announces the completion of the strategic acquisition of Moorabbin Airport and Business Park, in Melbourne’s inner south east. All relevant conditions required to complete the transaction were met.

Escrowed Goodman Group stapled securities have been issued to the Vendors as part of the purchase price for the acquisition.

-ENDS-

For further information, please contact Goodman: Ian Ferrier Chairman Tel +61 2 9230 7400

About Goodman: Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe and the United Kingdom. Goodman Group, comprised of the stapled entities Goodman Limited and Goodman Industrial Trust, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist fund managers of industrial property and business space globally.

Goodman’s global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.

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 as responsible entity of Goodman Industrial Trust ARSN 091 213 839