GPT GROUP — Director's Dealing 2019

Feb 18, 2019

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 30/09/01 Amended 01/01/11

Name of entity GPT Group comprising the stapled securities of the 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.

Name of Director Robert William Johnston

Date of last notice 14 May 2018

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 and indirect	Direct and indirect	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		ERJ Nominees Pty Ltd Family A/C>
Date of change		14 February 2019
No. of securities held prior to change		821,765 stapled securities 1,498,124 performance rights follows:		comprised as Scheme LTI LTI DSTIC LTI
		Number of Performance Rights	Year	Scheme
		450,257	2016-2018	LTI
		452,206	2017-2019	LTI
		175,194	2018	DSTIC
		420,467	2018-2020	LTI
Class		Performance rights and stapled securities

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired		372,385 stapled securities	372,385 stapled securities	372,385 stapled securities
Number disposed		450,257 performance rights
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil. The price of stapled securities at the close of trading on the date of issue of the stapled securities was $5.82.
No. of securities held after change		1,194,150 stapled securities 1,047,867 performance rights follows:		comprised as Scheme LTI DSTIC LTI
		Number of Performance Rights	Year	Scheme
		452,206	2017-2019	LTI
		175,194	2018	DSTIC
		420,467	2018-2020	LTI
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Conversion of certain performance rights into stapled securities in relation to the 2016-2018 LTI.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 interests in the securities or 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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3