GPT GROUP — Capital/Financing Update 2004

Nov 9, 2004

1. NOV. 2004¹⁴ 9:256 TO: CAO

ASX LISTINGS SYD 61 2 92417620

NO₂1964 P. 1/1

AAR SYDNEY L20

GENERAL PROPERTY TRUST

01874747

Andrew Black Australian Stock Exchange Limited Level 6 20 Bridge Street
SYDNEY NSW 2000

By Facsimile: (02) 9241 7620

Dear Andrew

Request for Trading Halt

I request a trading halt in the securities of General Property Trust Immediately.

The trading halt is requested pending an announcement by General Property Trust in response to the Stockland announced intention to make takeover offers on 8 November 2004.

I request that the trading halt remain in place until release of the General Property Trust announcement later this morning.

General Property Trust is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

Jantes E avna

Company Secretary