GPT GROUP — Director's Dealing 2010

Sep 21, 2010

GPT RE Limited GPT Management Level 52 T: +61 2 8239 3555 ABN 27 107 426 504 Holdings Limited MLC Centre F: +61 2 9225 9318 as Responsible Entity of ABN 67 113 510 188 19 Martin Place E: gpt@gpt.com.au General Property Trust Sydney NSW 2000 www.gpt.com.au AFSL 286511 Australia

22 September 2010

Ms Suzanna Dabski Adviser, Issuers (Sydney) ASX Markets Supervision Pty Ltd 20 Bridge Street Sydney NSW 2000

By electronic lodgement

Dear Suzanna

Re: Appendix 3Y – Change of Director’s Interest

Attached is an Appendix 3Y for Gene Tilbrook.

Yours sincerely

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James Coyne Company Secretary

GPT Securityholder Service Centre

T: 1800 025 095 F: +61 2 9287 0303 E: gpt@gpt.com.au www.gpt.com.au

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Letter enclosing Appendix 3Y for GT 220910.doc

Appendix 3Y Change of Director’s Interest Notice

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	GPT Group comprising the stapled securities of General Property Trust
	(Trust)and GPT Management Holdings Limited(GPTMHL)
ABN	58 071 755 609 ‐ Trust
	67 113 510 188 ‐ GPTMHL

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Gene Thomas Tilbrook
Date of last notice	11/05/10

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 therelevant interest.	Gene Tilbrook as trustee of the G TTilbrook Family Trust
Date of change	21/09/10
No. of securities held prior to change	Nil
Class	N/A
Number acquired	20,000 Stapled Securities
Number disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash, provide details andestimated valuation	$2.98 per Stapled Security
No. of securities held after change	20,000 Stapled Securities

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on‐market trade, off‐market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy‐back	On market trade

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contractin relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non‐cash, providedetails and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001