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GOODMAN GROUP Capital/Financing Update 2012

Dec 20, 2012

64998_rns_2012-12-20_e3e22b04-92e1-494c-8910-bbb8309f53bb.pdf

Capital/Financing Update

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Malaysia’s Employees Provident Fund and Goodman expand relationship with acquisition of second Australian logistics portfolio

Date 21 December 2012 Release Immediate

Goodman Group (Goodman or the Group) and Malaysia’s Employees Provident Fund (EPF) are pleased to announce the further expansion of their relationship announced in June 2012, with the acquisition of a second high quality Australian logistics portfolio.

The transaction continues the strong momentum of the relationship with key details being:

  • Acquisition of a portfolio of Australian assets valued at circa A$300 million, comprising three stabilised logistics estates sourced from the Group and its managed funds.

  • Further drawdown on the available equity from the initial A$500 million equity commitment allocated for Australia.

  • Total assets of KWASA-Goodman Industrial Trust (KGIT) post this transaction is in excess of $780m.

Goodman Group CEO, Greg Goodman said: “We are delighted to build on our relationship with EPF. This latest transaction further demonstrates the strength of our capital partner relationships and the strong investor demand for prime Australian logistics assets.”

EPF Deputy CEO (Investment) Shahril Ridza Ridzuan, said: “Our initial investment alongside Goodman is performing well and we are very pleased to be increasing our allocation to the Australian logistics and industrial property sector with this latest transaction. We look forward to exploring further opportunities in the coming year, in line with our global objectives.”

The transaction proceeds are expected to be used by the Group and its managed funds to help fund future development commitments and other growth opportunities.

  • Ends –

Goodman Group

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 091213 839 Level 17, 60 Castlereagh Street, Sydney NSW 2000 | GPO Box 4703, Sydney NSW 2001 Australia Tel +61 2 9230 7400 | Fax +61 2 9230 7444 Goodman Logistics (HK) Limited | Company No. 1700359 | ARBN 155 911 149 | a Hong Kong company with limited liability Suite 2008, Three Pacific Place, 1 Queen’s Road East, Hong Kong | Tel +852 2249 3100 | Fax +852 2525 2070

[email protected] | www.goodman.com

For further information, please contact Goodman: Greg Goodman Group Chief Executive Officer +61 2 9230 7400

About Goodman

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. 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 longterm returns for investors.

About the Employees Provident Fund

The Employees Provident Fund (EPF) is Malaysia’s premier retirement savings fund, providing basic financial security for retirement. The Fund is committed to preserving and growing the savings of its members in accordance with best practices in investment and corporate governance. It will always be guided by prudence in its investment decisions.

As a customer-focused organisation, the EPF delivers efficient and reliable services for the convenience of its members and registered employers.

The EPF continues to play a catalytic role in the nation’s economic growth, consistent with its position as a leading savings institution in Malaysia.