GOODMAN GROUP — Delisting Announcement 2011

Mar 28, 2011

==> picture [95 x 24] intentionally omitted <==

REAL ESTATE INVESTMENT MANAGEMENT

ASX ANNOUNCEMENT

==> picture [83 x 73] intentionally omitted <==

Date

29 March 2011

Fund

ING Industrial Fund

Confirmation of Proposal Implementation

ING Management Limited, Goodman Funds Management Limited as responsible entity of ING Industrial Fund (“IIF”) and Goodman Industrial Funds Management Limited as trustee of the Goodman Trust Australia (“GTA Trustee”) announce that under the terms of the proposal outlined in the Explanatory Memorandum dated 10 February 2011 (“Explanatory Memorandum”) and adopted by unitholders at the meeting of 17 March 2011, all ordinary units in IIF were today transferred to GTA Trustee.

The consideration of 53.7975 cents per unit will be paid to those who are registered IIF unitholders, as at the record date of 7.00pm AEDST on 28 March 2011.

As contemplated in the Explanatory Memorandum, today ING Management Limited retired and Goodman Funds Management Limited was appointed as the responsible entity of IIF.

It is expected that IIF will be removed from the Official List of ASX Limited on 30 March 2011.

For further information, please contact Johanna Keating Mathew Werner Head of Investor Relations & Marketing Group Corporate Communications Manager ING Real Estate Investment Management Goodman Group T: +61 2 9033 1096 T: +61 2 9230 7159 M:+61 409 168 848

1

www.ingrealestate.com.au

REAL ESTATE INVESTMENT MANAGEMENT

==> picture [95 x 25] intentionally omitted <==

==> picture [83 x 73] intentionally omitted <==

About Goodman Group:

Goodman Group 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.

About Goodman Trust Australia:

Goodman Trust Australia (GTA) is an unlisted unit trust that has been established for the purpose of acquiring all IIF Units in accordance with the Proposal. GTA has been formed as a vehicle for a consortium of investors comprising APG, CPPIB, CIC and the Goodman Group.

About the ING Real Estate Investment Management

ING Real Estate Investment Management Australia manages four listed real estate investment trusts on behalf of over 40,000 investors.

Globally, ING Real Estate Investment Management focuses on the investment management of quality real estate in all major global markets with a total portfolio of more than A$86 billion. ING Real Estate Investment Management is one of the leading investment management companies and serves a broad client base from five continents, Europe, North America and South America, Asia and Australia.

ING Real Estate Investment Management is part of ING Group, a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries.

2

www.ingrealestate.com.au