GPT GROUP — Director's Dealing 2015

Feb 23, 2015

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 – GPT MHL

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	Michael Cameron
Date of last notice	27/05/2014

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	23/02/2015
No. of securities held prior to change	1,267,229 stapled securities 2,221,718 performance rights
Class	Ordinary stapled securities and performance rights
Number acquired	393,004 ordinary stapled securities (Long Term Incentive Plan 2012-2014)
Number disposed	300,533 performance rights lapsed 393,004 performance rights converting to ordinary stapled securities (Long Term Incentive Plan 2012-2014)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil consideration. The price of stapled securities at the close of trading on the date of issue was $4.67.	Nil consideration. The price of stapled securities at the close of trading on the date of issue was $4.67.	Nil consideration. The price of stapled securities at the close of trading on the date of issue was $4.67.
No. of securities held after change		1,660,233 stapled securities 1,528,181 performance rights comprised as follows: Number of Performance Rights Year Scheme 635,324 2013 LTI 630,252 2014 LTI 262,605 2014 Deferred STI
		Number of Performance Rights	Year	Scheme
		635,324	2013	LTI
		630,252	2014	LTI
		262,605	2014	Deferred STI
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		693,537 performance rights were granted to Mr Cameron in 2012 pursuant to the GPT Group Long Term Incentive Plan. In accordance with the terms under which the performance rights were granted:  393,004 performance rights vested and a corresponding number of ordinary stapled securities were issued; and  300,533 performance rights lapsed.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed Period

Part 3 –+Closed Period
Were the interest in the securities of contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Yes. GPT’s Personal Dealing Policy permits the granting of rights and securities under GPT’s performanceincentive plan.
If prior written clearance was provided, on what date was this provided?	23 February 2015

• See chapter 19 for defined terms.

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