GPT GROUP — M&A Activity 2014

Jan 15, 2014

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GPT RE Limited ABN 27 107 426 504 as Responsible Entity of General Property Trust AFSL 286511

Level 51 T: +61 2 8239 3555 MLC Centre F: +61 2 9225 9318 19 Martin Place E: gpt@gpt.com.au Sydney NSW 2000 www.gpt.com.au Australia

16 January 2014

Company Announcements Office The Australian Securities Exchange Level 4 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

Takeover Bid by the GPT Group in relation to Commonwealth Property Office Fund

On behalf of GPT RE Limited (ACN 107 426 504) as Responsible Entity of General Property Trust and GPT Management Holdings Limited (ACN 113 510 188) (together, the GPT Group ), we enclose a notice pursuant to section 630(3) of the Corporations Act 2001 (Cth).

Yours faithfully

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James Coyne Company Secretary

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Notice under s630(3) of the Corporations Act

This notice is issued under section 630(3) of the Corporations Act by GPT RE Limited (ACN 107 426 504) as Responsible Entity of General Property Trust and GPT Management Holdings Limited (ACN 113 510 188) (together, the GPT Group ) in relation to the GPT Group's takeover offer for Commonwealth Property Office Fund (ARSN 086 029 736) ( CPA ) dated 19 December 2013.

The GPT Group gives notice under section 630(3) of the Corporations Act that:

1. the following conditions contained in section 11.8 of the Bidder's Statement have been fulfilled:

   • (a) the condition in section 11.8(b) of the Bidder's Statement in relation to foreign investment approval; and

   • (b) the condition in section 11.8(k) that there have been no prescribed occurrences between the Announcement Date and the date of the Bidder's Statement; and

2. so far as the GPT Group is aware, none of the other conditions set out in section 11.8 of the Bidder's Statement have been fulfilled or waived. Accordingly, the Offer remains subject to those conditions.

The offer period will end at 7:00pm Sydney time on 24 January 2014.

As at the date of this notice, the GPT Group's voting power in CPA is 11.72%.

Unless otherwise defined, capitalised terms used in this notice have the meaning given in the GPT Group's Bidder's Statement dated 19 December 2013 in relation to the takeover offer for CPA.

Dated: 16 January 2014

SIGNED for and on behalf of the GPT Group

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James Coyne Company Secretary For and on behalf of the GPT Group