GOODMAN GROUP — Director's Dealing 2010

May 18, 2010

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Goodman Group

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Gregory Leith Goodman
Date of last notice	6 November 2009

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct interest	Direct – Gregory Goodman 5,955,992 Securities under Employee Securities Acquisition Plan Direct – Gregory Goodman 9,700,000 Options under Executive Option Plan Direct – Gregory Goodman 3,900,000 Performance Rights under Long Term Incentive Plan
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Direct interest
Date of change	14 May 2010
No. of securities held prior to change	Direct – Gregory Goodman 5,955,992 Securities under Employee Securities Acquisition Plan Direct – Gregory Goodman 9,700,000 Options under Executive Option Plan
Class	Ordinary Stapled Securities, Options and Performance Rights
Number acquired	3,900,000 Performance Rights under Long Term Incentive Plan
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

M/830800

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct – Gregory Goodman 5,955,992 Securities under Employee Securities Acquisition Plan Direct – Gregory Goodman 9,700,000 Options under Executive Option Plan Direct – Gregory Goodman 3,900,000 Performance Rights under Long Term Incentive Plan
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Issue of 3,900,000 Performance Rights under Long Term Incentive Plan

Part 2 – Change of director’s interests in contracts

Detail of contract	Not Applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Goodman Group

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Patrick Ledger Goodman
Date of last notice	6 November 2009

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Indirect interest	Indirect – Gregory Goodman 5,955,992 Securities under Employee Securities Acquisition Plan Indirect – Gregory Goodman 9,700,000 Options under Executive Option Plan Indirect – Gregory Goodman 3,900,000 Performance Rights under Long Term Incentive Plan
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Gregory Goodman is Patrick Goodman’s brother.
Date of change	14 May 2010
No. of securities held prior to change	5,955,992 Ordinary Securities 9,700,000 Options
Class	Ordinary Stapled Securities, Options and Performance Rights.
Number acquired	Indirectly, Gregory Goodman’s 3,900,000 Performance Rights under the Long Term Incentive Plan

• See chapter 19 for defined terms.

M/830800

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	5,955,992 Ordinary Securities under the Employee Securities Acquisition Plan 9,700,000 Options under the Executive Option Plan 3,900,000 Performance Rights under Long Term Incentive Plan
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Indirectly an interest in the issue of 3,900,000 Performance Rights to Gregory Goodman under the Long Term Incentive Plan.

Part 2 – Change of director’s interests in contracts

Detail of contract	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

M/830800

Appendix 3Y Page 3

30/9/2001