GPT GROUP — Capital/Financing Update 2010

May 11, 2010

The GPT Group

12 May 2010

Trading in GPT Securities Post Approval of Consolidation

The GPT Group wishes to confirm that as per ASX requirements, following the approval of the consolidation of securities at the Annual General Meeting on Monday 10 May and as outlined in the Notice of Meeting and Explanatory Memorandum issued in relation to that Meeting, the Group’s securities are now trading as consolidated securities on a deferred settlement basis. Consistent with the ASX timetable and requirement for transactions of this type, GPT securities are now trading under the ASX code GPTDA (on a deferred settlement basis).

The Group’s securities will resume trading under the code GPT on 26 May when Normal T+3 trading post the completion of the consolidation occurs.

The timetable in relation to the process of consolidation as shown on page 10 of the Notice of Meeting and Explanatory Memorandum is shown below:

Event	Date
Trading in consolidated Stapled Securities, on a deferred settlement basis, starts	Wednesday 12 May
Last day for GPT to register Stapled Security transfers on a pre-consolidated basis	Tuesday 18 May
First day for GPT to register Stapled Security transfers on a consolidated basis Stapled Security consolidation	Wednesday 19 May
GPT announces to ASX that dispatch of the holding statements has occurred (by no later than 12 noon Sydney time)	Tuesday 25 May
Normal T+3 ASX Stapled Security trading starts	Wednesday 26 May
Settlement of ASX Stapled Security trades conducted on the normal T+3 basis First settlement of ASX Stapled Security trades conducted on a deferred settlement basis	Monday 31 May

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