GPT GROUP — M&A Activity 2013

May 26, 2013

THE GPT GROUP ANNOUNCES

27 May 2013

GPT withdraws from pursuing Australand proposal

The GPT Group (GPT) announces that it has withdrawn from pursuing a proposal with the Board of the Australand Property Group (Australand) to acquire its Commercial and Industrial assets and business.

GPT expressed an interest to work with Australand in early December 2012 to develop a proposal in the interests of both sets of securityholders. Following the completion of detailed due diligence and discussions, it has become apparent that a transaction at a price that GPT is willing to pay is not possible.

GPT has maintained a disciplined approach and has consistently advised the market that it does not need to proceed with the transaction to achieve its strategic goals.

GPT will continue with its existing organic growth plans for its logistics & business parks and office portfolios and allocate capital accordingly.

ENDS

For further information please contact:

Tanny Mangos Wendy Jenkins Group Communications Manager Group Investor Relations Manager 02 8239 3857 02 8239 3732 0434 073 890 0418 226 889

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