GPT GROUP — Interim / Quarterly Report 2016

Aug 14, 2016

GPT Group Appendix 4D

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Appendix 4D

GPT Group (comprising General Property Trust and its controlled entities and GPT Management Holdings Limited and its controlled entities)

Interim Financial Report For the half year ended 30 June 2016

Results for announcement to the market

2.1 2.2 2.3	Total revenues and other income Profit from operations as assessed by Directors (1) Net profit after income tax expense attributable to stapled security holders	39.0% to $817.5 million 8.4% to $269.8 million 39.0% to $586.4 million Up Up Up	39.0% to $817.5 million 8.4% to $269.8 million 39.0% to $586.4 million Up Up Up
2.4	Distributions		Amount per stapled security
	6 month period ended 30 June 2016 This distribution was declared on 23 June 2016 and is expected to be paid on 31 August 2016.		11.5 cents
2.5	Record date for determining entitlement to the distributions		30 June 2016
2.6	Brief explanation of any figures in 2.1 to 2.4 necessary to enable the figures to be understood: Refer to the attached announcement for a detailed discussion of GPT Group's results for the half year ended 30 June 2016.
3.0	Net tangible assets per security	30 June 2016 $4.38	31 December 2015 $4.17
4.0	Details of entities over which control has been gained or lost during the period Not applicable for the half year ended 30 June 2016.
5.0	Details of individual and total dividends or distribution payments.	Amount per stapled security	Total
	6 month period ended 30 June 2016 - to be paid 31 August 2016 No part of the distribution constitutes conduit foreign income.	11.5 cents	$206.8 million

(1) Profit from operations attributable to security holders of GPT represents the Directors’ assessment of Funds from Operations (FFO). FFO represents GPT’s underlying and recurring earnings from its operations. This is determined by adjusting statutory net profit after tax under Australian Accounting Standards for certain items which are non-cash, unrealised or capital in nature. FFO has been determined in accordance with the guidelines established by the Property Council of Australia.

GPT Group Appendix 4D

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6.0 Details of any dividend or distribution reinvestment plans in operation The DRP will not be available with respect to the June 2016 half yearly distribution. 7.0 Details of associates and joint ventures entities The associate and joint ventures’ whose contribution to the GPT Group’s net profit are detailed below:

Name of associate and joint venture entities Joint Ventures Entities Incorporated in Australia 2 Park Street Trust 1 Farrer Place Trust Horton Trust Chullora Trust 1 Lend Lease GPT (Rouse Hill) Pty Limited Associates Entities Incorporated in Australia GPT Wholesale Shopping Centre Fund GPT Wholesale Office Fund GPT Metro Office Fund Total share of after tax profits of equity accounted investments*

30-Jun-16 30-Jun-15 $ million $ million 62.1 14.6 52.6 26.3 0.5 1.9 0.1 0.2 1.7 1.3 30.2 24.7 84.2 47.0 4.3 4.4 Contribution to GPT Group's net profit

235.7 120.4

• Refer to note 3 of the Interim Financial Report for names and percentage holdings of each joint venture and associate.