GPT GROUP — Capital/Financing Update 2021

Feb 17, 2021

Appendix 3D Changes relating to buy-back

Rule 3.8A

Appendix 3D

Changes relating to buy-back ( except minimum holding buy-back)

Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/9/99. Origin: Appendix 7B. Amended 13/3/2000, 30/9/2001, 11/01/10

Name of entity

ABN/ARSN

GPT Management Holdings Limited ACN 113 510 188 and GPT RE Limited ACN 107 426 504 as responsible entity for General Property Trust ARSN 090 110 357 (together, GPT Group )

We (the entity) give ASX the following information.

• 1 Date that an Appendix 3C or the 15 February 2021 last Appendix 3D was given to ASX

Information about the change

Complete each item for which there has been a change and items 9 and 10.

Column 1 Column 2 (Details announced to (Details of change to market in Appendix 3C or buy-back proposals) last Appendix 3D)

On-market buy-back

2 Name of broker who will act on the company’s behalf 3 Deleted 30/9/2001.

To be advised Macquarie

4 If the company/trust intends to buy Up to 97,396,465 No change back a maximum number of stapled securities shares/units – that number (being approximately Note: This requires a figure to be included, not a 5% of stapled percentage. The reference to a maximum number is to the total number including shares/units already securities on issue). bought back and shares/units remaining to be bought back. If the total has not changed, the item does not need to be completed.

• See chapter 19 for defined terms.

11/01/2010

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Appendix 3D Changes relating to buy-back

5If the company/trust intends to buybackamaximumnumberofshares/units–thenumberremaining to be bought back6If the company/trust intends to buy-back shares/units within a period oftime – that period of time; if thecompany/trust intends that the buy-back be of unlimited duration - thatintention7If the company/trust intends to buyback shares/units if conditions aremet – those conditionsAll buy-backs8Any other change9Reason for change	5If the company/trust intends to buybackamaximumnumberofshares/units–thenumberremaining to be bought back6If the company/trust intends to buy-back shares/units within a period oftime – that period of time; if thecompany/trust intends that the buy-back be of unlimited duration - thatintention7If the company/trust intends to buyback shares/units if conditions aremet – those conditionsAll buy-backs8Any other change9Reason for change	Column 1(Details announced tomarket in Appendix 3C orlast Appendix 3D)	Column 2(Details of change tobuy-back proposals)	Column 2(Details of change tobuy-back proposals)	Column 2(Details of change tobuy-back proposals)
		The maximumnumber of securitiesto be bought back is97,396,465 stapledsecurities.	No change
		15 February 2021 to14 February 2022	No change
		N/A	No change
		N/A	No change
		A broker has been appointed.

• See chapter 19 for defined terms.

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Appendix 3D Changes relating to buy-back

• 10 Any other information material to a shareholder’s/unitholder’s decision whether to accept the offer (eg, details of any proposed takeover bid)

N/A

Compliance statement

1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.

or, for trusts only:

1. The trust is in compliance with all requirements of the Corporations Act as modified by Class Order 07/422, and of the trust’s constitution, relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

Sign here: Company secretary Print name: James Coyne

Date: 18 February 2021

== == == == ==

• See chapter 19 for defined terms.

11/01/2010

Appendix 3D Page 3