GPT GROUP — Director's Dealing 2002

Nov 24, 2002

GPT Management Limited ABN 94 000 335 473

Level 14 Tower Building Australia Square Sydney NSW 2000 Australia

Telephone 02 9236 6999 Facsimile 02 9236 6020

GPT@lendlease.com.au

25 November 2002

The Manager Companies Section Australian Stock Exchange Limited (Sydney)

By Facsimile: 1300 300 021

Dear Sirs

GENERAL PROPERTY TRUST

GPT Management Limited, as responsible entity of General Property Trust, today lodges the attached Appendices 3Y.

Yours faithfully

Michael J Neilson LEGAL COUNSEL & COMPANY SECRETARY

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

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 30/9/2001.

Name of entity	General Property Trust
IABN	58 (71 755 609

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Brian Robert Norris
Date of last notice	5 September 2002

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by th e responsible entity of the trust Indirect	Part 1 - Change of director's relevant interests in Securities
	Direct or indirect interest

Direct or indirect interest	.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holder is wife (Katrina Norris) Holder is Finchley Superannuation Fund
Date of change	20 November 2002
No. of securities held prior to change	1,563 Katrina Norris 2,505 Finchley Super 4,068 TOTAL
Class	Ord
Number acquired	29 Katrina Norris
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$$2.72$ per unit
No. of securities held after change	1,592 Katrina Norris TOTAL 4.097 2,505 Finchley Super
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Distribution Reinvestment Plan

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

Detail of contract	NA
	NA
Nature of interest
	NA
Name of registered holder (if issued securities)
Date of change	NA
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	NA
Interest acquired	NA
Interest disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	NA
Interest after change	NA

⁺ See chapter 19 for defined terms.

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

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 30/9/2001.

Name of entity	General Property Trust
ABN	58 071 755 609

We (the entity) give AS.X the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Richard Anthony Longes
Date of last notice	$\frac{1}{2}$ 5 September 2002

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holder is wife (Elizabeth Longes) Holder is trustee of superannuation fund (Gamnet Pty Ltd)
Date of change	20 November 2002
No. of securities held prior to change	Elizabeth Longes 2,276 2,405 Gamnet Pty Ltd 4,681 TOTAL
Class	Ord
Number acquired	43
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$$2.72$ per unit
No. of securities held after change	Elizabeth Longes 2,319 TOTAL 4,724 2.405 Gamnet Pty Ltd
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities urder dividend reinvestment plan, participation in buy-back	Distribution Reinvestment Plan

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

Detail of contract	NA
Nature of interest	NA
Name of registered holder (if issued securities)	NA
Date of change	NA
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	NA
Interest acquired	NA
Interest disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	NA
Interest after change	NA

$+$ See chapter 19 for defined terms.

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

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 30/9/2001.

Name of entity	Gerieral Property Trust
ABN	$\sqrt{58}$ ( $\sqrt{71}$ 755 609

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	William Howitt Cairns
Date of last notice	$\frac{1}{5}$ September 2002

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holder is wife (Josephine Cairns)
Date of change	20 November 2002
No. of securities held prior to change	44,092
Class	Ord
Number acquired	827
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$2.72 per unit
No. of securities held after change	44,919
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Distribution Reinvestment Plan

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

Detail of contract	NA
Nature of interest	NA
Name of registered holder (if issued securities)	NA
Date of change	NA
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	NA
Interest acquired	NA
Interest disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	NA
Interest after change	NA

$+$ See chapter 19 for defined term $\frac{1}{2}$ .