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GPT GROUP Capital/Financing Update 2009

May 12, 2009

65009_rns_2009-05-12_8462aa97-74ff-448c-a039-2f8347aa2b5b.pdf

Capital/Financing Update

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GPT RE Limited GPT Management ABN 27 107 426 504 Holdings Limited as Responsible Entity of ABN 67 113 510 188 General Property Trust AFSL 286511

Level 52 T: +61 2 8239 3555 MLC Centre F: +61 2 9225 9318 19 Martin Place E: [email protected] Sydney NSW 2000 www.gpt.com.au Australia

13 May 2009

Lux Wigneswaran Adviser, Issuers (Sydney) Australian Securities Exchange Exchange Centre 20 Bridge Street Sydney NSW 2000

By electronic lodgement

Dear Ms Wigneswaran

Re: Letter to Securityholders – Suspension of Participation in DRP

Please find attached a copy of the letter which is being sent to securityholders today.

Yours sincerely

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James A Coyne Company Secretary

GPT Securityholder Service Centre

T: 1800 025 095 F: +61 2 9287 0303 E: [email protected]

www.gpt.com.au

Letter to ASX enclosing copy of letter to securityholders 13 05 09.doc

GPT RE Limited GPT Management GPT Registrar GPT Securityholder ABN 27 107 426 504 Holdings Limited Locked Bag A14 Service Centre as Responsible Entity of ABN 67 113 510 188 Sydney South Freecall 1800 025 095 General Property Trust NSW 1235 T: +61 2 8280 7176 AFSL 286511 Australia F: +61 2 9287 0303 E: [email protected] www.gpt.com.au

13 May 2009

Dear Securityholder,

March Quarter Distribution

Following the announcement of a one for one Entitlement Offer announced on 7 May 2009, participation in the Distribution Reinvestment Plan (DRP) has been suspended, effective immediately, and will not apply to the March quarter distribution which will be paid on 29 May 2009.

As you are currently participating in the DRP you will receive a cheque for your March quarter distribution. If you wish to receive future distribution payments by direct credit, please contact GPT’s Registry on 1800 025 095. Please note that revised payment instructions will not be effective for the March quarter distribution but will apply to distributions thereafter.

Entitlement Offer

Investors will have the opportunity to acquire further securities through the Entitlement Offer, which will open on 18 May 2009.

Details of the Offer will be mailed to all investors in the week of 18 May 2009.

Yours sincerely

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Peter Joseph Chairman GPT Group