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GOODMAN GROUP Capital/Financing Update 2012

Oct 16, 2012

64998_rns_2012-10-16_37c07c90-1121-475b-a9d6-40d17bba0142.pdf

Capital/Financing Update

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Not for distribution or release in the United States

Goodman Australia Industrial Fund successfully prices US$185 million senior, unsecured note issue

Date 17 October 2012 Release Immediate

Goodman Group is pleased to announce that Goodman Australia Industrial Fund (GAIF or Fund) has successfully priced its second US$185 million US Private Placement (USPP) issue.

The senior, unsecured notes with 7, 10 and 12 year maturities provide an increase in the Fund’s average debt maturity from 3.7 years to 4.3 years. The proceeds will be used to refinance existing debt facilities. The issue will not impact GAIF’s gearing ratio.

Goodman Group CEO and GAIF Chairman, Greg Goodman said, “We are very pleased with the continued strong support from investors to successfully price GAIF’s second USPP issue. This latest transaction continues to build on the implementation of the Fund’s strategy of diversifying its debt capital sources and extending the maturity profile of its finance facilities.”

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

About Goodman

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

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

About GAIF

Goodman Australia Industrial Fund is Australia’s largest industrial fund with $4.7 billion of high quality industrial and business space assets under management in all the major regions around Australia. The Fund has a weighted average lease term of approximately 6.3 years and an occupancy rate of 98%, with customers including blue chip companies such as Coles, Toll, Coca-Cola Amatil and Linfox.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, securities in the United States or to, or for the account or benefit of, any “U.S. person” (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”) (a “U.S. Person”)). Securities may not be offered or sold in the United States or to U.S. Persons unless the securities have been registered under the Securities Act or an exemption from registration is available.