GOODMAN GROUP — Interim / Quarterly Report 2005

Nov 2, 2005

3 November 2005

The Manager Company Notices Section Australian Stock Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

MACQUARIE GOODMAN GROUP ("MACQUARIE GOODMAN")

We confirm that Macquarie Goodman's distribution for the quarter ended 30 September 2005 was dispatched to Securityholders today with the enclosed quarterly update. The distribution rate is 6.875 cents per security with the following estimated taxable components:

Macquarie Goodman Management Limited

No dividend payable this quarter.

Macquarie Goodman Industrial Trust

	%	cpu
Australian Income:	54.563	3.751
Foreign Income:	0.000	0.000
Interest Income:	10.260	0.705
Concessional CG	8.201	0.564
Discount CG	8.201	0.564
$CG - Other:$	1.265	0.087
Tax Deferred:	17.510	1.204
Total:	100.000	6.875

Please note that the actual taxable components will be confirmed in August 2006 following the final distribution payment for the year ending 30 June 2006.

Securities under the Distribution Reinvestment Plan are being issued at \$4.0144 (please refer to the attached Appendix 3B).

Please do not hesitate to contact the undersigned if you have any queries.

Yours faithfully

Greg Goodman Chief Executive Officer

Macquarie Goodman Group Macquarie Goodman Management Limited ABN 69-000 123 071 Macquarie Goodman Funds Management Limited ABN 48 067 796 641; AFSL Number 223621

Level 10, 60 Castlereagh Street Sydney NSW 2000 GPO Box 4703 Sydney NSW 2001

+61 2 9230 7400 Telephone Eacsimile +61 2 9230 7444 info@macquariegoodman.com.au www.macquariegoodman.com

wali kwa katika matu wa M

During the quarter ended 30 September 2005. Macquarie Goodman had significant acquisition and development activity which we have. outlined for you below:

Toll Holdings Limited

In August 2005, Macquare Goodman partnered with Toll Holdings. Limited to acquire, develop and jointly manage in excess of \$120 milion of Toll's properties.

Macquarte Goodman agreed a sale and leaseback of five properties with Tell for \$64 million in Victoria. South Australia and Queensland. In addition to the pulldings, the portfolio contems 19.3 hectares of recent land which Macquare Goodman will use to build approximately. \$60 million of new facilities for Toll to occupy in the future.

Hong Kong

In July 2005, Macquare Goodman secured a 44% interest in Evergain Plaza, Hong Kong for A\$130.5 million. Evergan Plaza is located in Kwai Chung, one of Hong Kong's premier industrial districts.

Macquarie Goodman now" holds in excess of A\$290 million of assets in Hong Kong. We continue to identify new investment opportunities and intendito use these properties to launch a Hong Kong real estate. investment vehicle in the first half of 2006.

Macquarie Goodman currently has over \$750 million of development. projects underway. The highlights over the last quarter include:

$\rightarrow$ in July 2005. Macquarie Goodman secured a 20 year agreement. for lease from Coles Myer Emited to develop its new 75,230 som National Distribution Centre. The property will be located at M7 Business Hub, Eastern Creek, New South Males, and isforecast to have an end value of \$121 million;

Simplot Australia's headquarters at Chifley Business Park, Mentone, Victoria, reached practical completion on 16 August 2005. The purpose built facility consists of 7,000 sqm of officespace and a 750 sqm research and development laboratory. Simplot has committed to a 10 year lease, and

$\rightarrow$ Johnson Control's new facility at West Avenue Industrial Estate, Edinburgh, South Australia, reached practical completion on 23 September 2005. Its lease is for a term of 10 years. The facility comprises a warehouse area of 9,682 sqm with an additional 2,235 sqm of office space.

We at 24 October 2005 (following the co-investment of 50% of Macquare Goodman's Hong-Kong assets by Macquare Bank Limited

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La componentation de la componentation de la componentation de la componentation de la componentation de la co

Macquarie Goodman has commenced discussions with potential cornerstone investors to assess the demand for a new wholesale property trust, the Macquarie Goodman Wholesale Fund ("MGWF"),

The establishment of MGWF is takined to meet the increasing demand from institutional investors for direct property investment exposure.

MGWF will be an unlisted property trust that offers institutional investors such as superarmuation funds and insurance companies a unique opportunity to invest alongside Macquarie Goodman Securityholders in a portfolio of prime industrial real estate in Australia with a cotential value on completion in excess of \$1 billion.

It is proposed that 32 existing Macquarie Goodman properties will be used for the fund which consists of a cross section of its property. portfolio. Securityholders will invest in MGWF properties through. Macquarie Goodman's minimum 30% co-investment in the new fund. The new fund is an important strategic initiative for the Group as MGWF will diversity our source of funding for new business.

opportunities and complements the development of our third party funds management platform.

Macquarie Goodman's 2005 Annual General Meeting will be held on 18 November 2005 at the Hilton Sydney, Level 2, State Room, 488 George Street, Sydney at 10:30 am

Notice of Meetings ("NOM") and Proxy Forms were dispatched to Securityholders on 18 October 2005. Proxy forms should be lodged with Computershare Investor Services Pty Ltd or Macquarie Goodman at the address or facsmile number specified in the NOM by no later than 10:30 am (Sydney time) on Wednesday, 16 November 2005.

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We are pleased to confirm your distribution of 6.875 cents per stapled security for the quarter ended 30 September 2005.

By registering your email address with effect you can receive communications electronically, which will create a positive environmental impact and reduce printing and mailing costs for Macquarie Goodman.

Macquare Goodman will donate \$2 to Landcare Australia for each Securityholder that registers for effee, which will help support reforestation projects in your state or tempory.

To register, simply visit www.etree.com.au/mgq and ensure you have your Holder Identification Number or Securityholder Reference Number, postcode and email address handy.

Macquarie Goodman Group

Macquarie Goodman Management Limited ABN 69 000 123 07 1

Macquarie Goodman Industrial Trust ARSN 091 213 839

Responsible Entity

Macquarie Goodman Funds Management Limited (ABN 48 067-796-641-AFSL Number 223621)

Registered Office

Level 10, 60 Castlercagh Street, Sydney, NSW, 2000. GPO Box 4703, Sydney, NSM, 2001

Telectione 1300 (23.040 within Australia) +61 3 9415 4000 (outside Australia) +61 8 8230 2305 Facsimile... Email web queres@computershare.com.au Website

www.macquaregoodman.com

This Quarterly Update for the period ended 30 September 2005 has been prepared by Macquarie Goodman Group (Macquarie Goodman Management Linuted ABN F9 000-123-071 and, its controlled envites, including Macquare Goodman Funds Management Emiled
ASN 48.067.796.641, AFSL 223621, Macquare Goodman Industrial Trust ARSN 001.213.639 ead its controlled entities, collectively. Manquarte Goodman' or the Croup j. The information in this Quarterly Update is general information only. It is not intended as investment or financial aquice and must not be relied upon as such viou should cotain independent professional advice poor to making any decision relating to your investment or financial needs. This Quarterly
Update is not an offer or invitation for subacription or purchase of securities or other financial products. Past performance is no maication of tuture performance. All values are expressed in Australian currency unless otherwise stated.

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

Macquarie Goodman Group

ACN

Macquarie Goodman Management Limited ACN 000 123 071 Macquarie Goodman Industrial Trust ARSN 091 213 839

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf{1}$ ⁺Class of ⁺securities issued or to be issued

Ordinary stapled securities

• $\overline{2}$ Number of ⁺securities issued or to be issued (if known) or maximum number which may be issued
• 3 Principal terms of the "securities (eg, if options, exercise price and expiry date; if partly paid *securities, the amount outstanding and due dates for payment; if ⁺convertible securities, the conversion price and dates for conversion)

24.277,354

Fully paid ordinary stapled securities

⁺ See chapter 19 for defined terms.

4	Do the securities rank equally in all respects from the date of allotment with an existing class of quoted *securities?	The units referred to herein rank pari passu with the existing ordinary securities of Macquarie Goodman Group (MGQ).
	If the additional securities do not rank equally, please state: the date from which they do the extent to which they ٠ participate for the next dividend, (in the case of a trust, distribution) or interest payment the extent to which they do not ٠ rank equally, other than in relation to the next dividend, distribution or interest payment
5	Issue price or consideration	\$4.0144 per stapled security
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	The MGQ stapled securities were issued as a result of the Distribution Reinvestment Plan for the distribution for the quarter ended 30 September 2005.
7	Dates of entering "securities into uncertificated holdings or despatch of certificates	3 November 2005
		Number	+ Class
8	Number and class of all securities quoted on ASX (including the securities in clause 2 if applicable)	1,442,101,790	Ordinary Stapled Securities
		Number	+ Class
9	class Number and of all securities not quoted on ASX (including the securities in clause 2 if applicable)	Not applicable	Not applicable
10	Dividend policy (in the case of a	Refer to section 4 above
	trust, distribution policy) on the increased capital (interests)

Part 2 - Bonus issue or pro rata issue

$+$ See chapter 19 for defined terms.

• $11$ Is security holder approval required?
• $12$ Is the issue renounceable or nonrenounceable?
• Ratio in which the *securities will 13 be offered
• 14 ⁺Class of ⁺securities to which the offer relates
• *Record date to determine 15 entitlements
• Will holdings on different registers 16 (or subregisters) be aggregated for calculating entitlements?
• 17 Policy for deciding entitlements in relation to fractions
• 18 Names of countries in which the entity has "security holders who will not be sent new issue documents

Note: Security holders must be told how their entifiements are to be dealt with. Cross reference: rule 7.7.

• 19 Closing date for receipt of
• 20 Names of any underwriters
• 21 Amount of any underwriting fee or commission

acceptances or renunciations

• 22 Names of any brokers to the issue
• 23 Fee or commission payable to the broker to the issue
• $24\,$ Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of *security holders

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

⁺ See chapter 19 for defined terms.

25	If the issue is contingent on *security holders' approval, the date of the meeting	Not applicable
26	Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled	Not applicable
27.	If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders	Not applicable
28	Date rights trading will begin (if applicable)	Not applicable
29.	Date rights trading will end (if applicable)	Not applicable
30.	How do *security holders sell their entitlements in full through a broker?	Not applicable
31	How do *security holders sell part of their entitlements through a broker and accept for the balance?	Not applicable
32.	How do *security holders dispose of their entitlements (except by sale through a broker)?	Not applicable
33	+ Despatch date	Not applicable
	Austotisn of commitisc

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34	Type of securities
	(tick one)

• Securities described in Part 1 $(a)$ $\bar{\mathbf{X}}$
• $(b)$ All other securities

Example: restricted securities at the end of the eserowed period, partly paid securities that become fully paid, employee
incentive share securities when restriction ends, securities issued on expiry or conversion of conve

Entities that have ticked box 34(a)

⁺ See chapter 19 for defined terms.

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• If the *securities are *equity securities, the names of the 20 largest holders of the additional *securities, and the number and percentage of additional *securities held by those holders
• If the *securities are *equity securities, a distribution schedule of the additional 36 *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$ $10,001 - 100,000$ 100,001 and over
• 37

35

A copy of any trust deed for the additional "securities

Entities that have ticked box 34(b)

• 38 Number of securities for which ⁺quotation is sought
• 39 Class of "securities for which quotation is sought
• 40 Do the *securities rank equally in all respects from the date of allotment with an existing *class of quoted *securities?

If the additional securities do not rank equally, please state:

• the date from which they do
• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

⁺ See chapter 19 for defined terms.

$41$ Reason for request for quotation now Example: In the case of restricted securities, end of restriction period (if issued upon conversion of another security, clearly identify that other security) Number ^*Class 42 Number and *class of all *securities quoted on ASX (including the

Quotation agreement

• $\mathbf{I}$ *Quotation of our additional *securities is in ASX's absolute discretion. ASX may quote the "securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.

securities in clause 38)

• The issue of the *securities to be quoted complies with the law and is not for $\bullet$ an illegal purpose.
• There is no reason why those "securities should not be granted "quotation.
• An offer of the "securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any 'securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the "securities to be quoted, it has been provided at the time that we request that the "securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the *securities be quoted.

⁺ See chapter 19 for defined terms.

• $\overline{3}$ We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• $\overline{4}$ We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before *quotation of the "securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

...................................... (Company Secretary)

Carolyn Scobie

. . . . . . . . . . . . . . . . . . . . 3 November 2005

Print name:

$\begin{tabular}{llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll$

⁺ See chapter 19 for defined terms.

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

Macquarie Goodman Group

ACN

Macquarie Goodman Management Limited ACN 000 123 071 Macquarie Goodman Industrial Trust ARSN 091 213 839

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

⁺Class of ⁺securities issued or to be $\mathbf{1}$ issued

Ordinary stapled securities

• $\overline{2}$ Number of ⁺securities issued or to be issued (if known) or maximum number which may be issued
• 3 Principal terms of the "securities (eg, if options, exercise price and expiry date; if partly paid *securities, the amount outstanding and due dates for payment; if ⁺convertible securities, the conversion price and dates for conversion)

11.986,210

Fully paid ordinary stapled securities

⁺ See chapter 19 for defined terms.

4	Do the securities rank equally in all respects from the date of allotment with an existing class of quoted *securities? If the additional securities do not rank equally, please state: the date from which they do the extent to which they ٠ participate for the next dividend, (in the case of a trust, distribution) or interest payment the extent to which they do not ٠ rank equally, other than in relation to the next dividend, distribution or interest payment	The units referred to herein rank pari passu with the existing ordinary securities of Macquarie Goodman Group (MGQ).
5.	Issue price or consideration	\$2.91 per stapled security
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	349,158 Reset Preference Units (RePS) were converted into 11,986,210 MGQ stapled securities, issued in accordance with the MGA Constitution and the RePS Terms.
7	Dates of entering "securities into uncertificated holdings or despatch of certificates	3 November 2005
8	Number and class of all securities quoted on ASX (including the securities in clause 2 if applicable)	Number 1,454,088,000	+ Class Ordinary Stapled Securities
9.	class Number of all and securities not quoted on ASX (including the securities in clause 2 if applicable)	Number Not applicable	*Class Not applicable
$\mathbf{10}$	Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)	Refer to section 4 above

Part 2 - Bonus issue or pro rata issue

$+$ See chapter 19 for defined terms.

• $11$ Is security holder approval required?
• $12$ Is the issue renounceable or nonrenounceable?
• Ratio in which the *securities will 13 be offered
• 14 ⁺Class of ⁺securities to which the offer relates
• *Record date to determine 15 entitlements
• Will holdings on different registers 16 (or subregisters) be aggregated for calculating entitlements?
• 17 Policy for deciding entitlements in relation to fractions
• 18 Names of countries in which the entity has "security holders who will not be sent new issue documents

Note: Security holders must be told how their entifiements are to be dealt with. Cross reference: rule 7.7.

• 19 Closing date for receipt of
• 20 Names of any underwriters
• 21 Amount of any underwriting fee or commission

acceptances or renunciations

• 22 Names of any brokers to the issue
• 23 Fee or commission payable to the broker to the issue
• 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of *security holders

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

⁺ See chapter 19 for defined terms.

25	If the issue is contingent on *security holders' approval, the date of the meeting	Not applicable
26	Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled	Not applicable
27.	If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders	Not applicable
28	Date rights trading will begin (if	Not applicable
	applicable)
29.	Date rights trading will end (if applicable)	Not applicable
30.	How do *security holders sell their entitlements in full through a broker?	Not applicable
31	How do *security holders sell part of their entitlements through a broker and accept for the balance?	Not applicable
32.	How do *security holders dispose of their entitlements (except by sale through a broker)?	Not applicable
33	+ Despatch date	Not applicable
	Austotism of scennitisc

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34	Type of securities
	(tick one)

Securities described in Part 1 $(a)$ $\bar{\mathbf{X}}$

All other securities

Example: restricted securities at the end of the eserowed period, partly paid securities that become fully paid, employee
incentive share securities when restriction ends, securities issued on expiry or conversion of conve

Entities that have ticked box 34(a)

$(b)$

⁺ See chapter 19 for defined terms.

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• 35 If the *securities are *equity securities, the names of the 20 largest holders of the additional *securities, and the number and percentage of additional *securities held by those holders
• 36 If the *securities are *equity securities, a distribution schedule of the additional *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$ $10,001 - 100,000$ 100,001 and over

37

A copy of any trust deed for the additional "securities

Entities that have ticked box 34(b)

• 38 Number of securities for which ⁺quotation is sought
• 39 Class of "securities for which quotation is sought
• 40 Do the "securities rank equally in all respects from the date of allotment with an existing *class of quoted *securities?

If the additional securities do not rank equally, please state:

• the date from which they do
• the extent to which they $\bullet$ participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

⁺ See chapter 19 for defined terms.

$41$ Reason for request for quotation now Example: In the case of restricted securities, end of restriction period (if issued upon conversion of another security, clearly identify that other security) Number ^*Class 42 Number and *class of all *securities quoted on ASX (including the

Quotation agreement

• $\mathbf{I}$ *Quotation of our additional *securities is in ASX's absolute discretion. ASX may quote the "securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.

securities in clause 38)

• The issue of the *securities to be quoted complies with the law and is not for $\bullet$ an illegal purpose.
• There is no reason why those *securities should not be granted *quotation.
• An offer of the "securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the *securities to be quoted, it has been provided at the time that we request that the "securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the "securities be quoted.

⁺ See chapter 19 for defined terms.

• $\overline{3}$ We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• $\overline{4}$ We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before *quotation of the "securities begins. We acknowledge that $\overrightarrow{ASX}$ is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

...................................... (Company Secretary)

Carolyn Scobie

. . . . . . . . . . . . . . . . . . . . 3 November 2005

Print name:

$\begin{tabular}{llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll$

⁺ See chapter 19 for defined terms.

Macquarie Goodman

3 November 2005

The Manager Company Notices Section Australian Stock Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

MACQUARIE GOODMAN GROUP ("MGQ") comprising MACQUARIE GOODMAN MANAGEMENT LIMITED ABN 69 000 123 071 $(''MGM'')$ and MACQUARIE GOODMAN INDUSTRIAL TRUST ARSN 091 213 839 ("MGI")

NOTIFICATION UNDER SECTIONS 708A AND 1012DA OF THE CORPORATIONS ACT

Macquarie Goodman Group ("MGQ") has issued stapled securities in MGM and MGI to J.P. Morgan Australia Limited and its nominees in connection with the underwriting of the Distribution Reinvestment Plan for the quarter ended 30 September 2005. In order to permit the on-sale of such securities without the need for a Prospectus or Product Disclosure Statement, MGQ makes the following statements.

Section 708A

This notice is given under paragraph (5)(e) of Section 708A of the Corporations Act 2001 ("the Act") within 5 business days after the day on which the relevant securities were issued.

The securities were issued without a Prospectus for those securities being prepared.

As at the date of this notice, MGM has complied with:

• The provisions of Chapter 2M of the Act as they apply to MGM; and $\bullet$
• Section 674 of the Act as it applies to MGM.

Level 10, 60 Castlereagh Street Sydney NSW 2000 GPO Box 4703 Sydney NSW 2001

As at the date of this notice, there is no information which is required to be disclosed by section 708A(6)(e).

Section 1012DA

This notice is given under paragraph (5)(e) of Section 1012DA of the Corporations Act 2001 ("the Act") within five (5) business days after the day on which the relevant securities were issued.

The securities were issued without a Product Disclosure Statement for those securities being prepared.

As a disclosing entity, Macquarie Goodman Funds Management Limited ("MGFM") (as responsible entity for MGI) is subject to regular reporting and disclosure obligations.

As at the date of this notice, MGFM (as responsible entity for MGI) has complied with:

• The provisions of Chapter 2M of the Act as they apply to MGI; and
• Section 674 of the Act as it applies to MGI. $\bullet$

As at the date of this notice, there is no information which is required to be disclosed by section 1012DA(6)(f).

Please do not hesitate to contact the undersigned if you have any queries.

Yours faithfully

Greg Goodman Chief Executive Officer