GPT GROUP — Major Shareholding Notification 2004

Aug 12, 2004

FACSIMILE

$\boldsymbol{Z}$ Deutsche Bank

To	Company Secretary General Property Trust	Deutsche Bank AG ABN 13 064 165 162 GPO Box 7033 Sydney NSW 1170 Level 18, 225 George Street Sydney NSW 2000 Australia
Fax No	$(02)$ 9383 8143	Tel: 02 9258 1234
СC	Company Announcements Office Australian Stock Exchange (via ASX Online or fax 1900 999 279)	Fax: 02 9258 2223 Direct: 02 9258 2674
From	Donata Lumnitzer
Date	13 August 2004
Subject	Substantial Shareholding Notice

$\ddot{\phantom{a}}$

Total Pages 3 (including this page)

If you do not receive all the pages, please telephone immediately.

This facsimile is intended only for the individual or entity named above and may contain information that is confidential and privileged. If you are not the intended recipient you must not use, distribute or copy this facsimile. If you have received this facsimile in error, please notify us immediately by telephone and destroy the original. Thank you.

Attached is a copy of the Substantial Shareholder Notice we lodged today with the ASX. The originals were posted to you today.

Donata Lumnitzer Compliance Analyst

w/tcompapps/workprs/inctices/tax.cover-donata.doc

$\ldots$ .

Form 605

Corporations Act Section 671B

Notice of ceasing to be a substantial holder

To:	General Property Trust c/- GPT Management Limited Level 4, 30 The Bond 30 Hickson Road Millers Point, NSW 2000
ABN	58 071 755 609
To:	Australian Stock Exchange Limited
1. Details of substantial holder

Name and ABN (if applicable)

Deutsche Bank AG (ABN 13 064 165 162) and its related bodies corporate (together, the "Deutsche Bank Group")

The holder ceased to be a substantial holder as at close of business on 11 August 2004.

The previous notice was given to the company on 09 August 2004. The previous notice was dated 09 August 2004.

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
Refer to schedule 1.	Refer to schedule 1.	Refer to schedule 1.	Refer to schedule	Refer to schedule 1.	See previous column.

3. Changes in association

N/A.

4. Addresses

Name Deutsche Bank AG Address

C/- Level 18, 225 George Street, Sydney, New South Wales 2000

'n,

a sure of a propriation of

$\overline{\phantom{a}}$

Signature

$\sim$ $\,$

Name Fonnie Mak

Date 13 August 2004

$\bar{\alpha}$

$\mathcal{L}_{\mathcal{A}}$

Schedule 1 to Form 605

Group Name		ASX Stock		Trade Date Trans Type	Trans, Number	Consideration
DEUTSCHE ASSET MANAGEMENT	GPT	ORD	09-Aug-04	S	$-6,323$	22,193.73
DEUTSCHE ASSET MANAGEMENT	GPT	ORD	09-Aug-04	S	$-69,097$	242,530.47
DEUTSCHE ASSET MANAGEMENT	GPT.	ORD	09-Aug-04	В	75,420	$-264,724.20$
DEUTSCHE ASSET MANAGEMENT	GPT	ORD	11-Aug-04	S	$-100,000$	357,000.00
DEUTSCHE SECURITIES	GPT	ORD	09-Aug-04	в	1,038,343	$-3,637,230.38$
DEUTSCHE SECURITIES	GPT.	ORD.	09-Aug-04	S	$-1,045,643$	3,669,163.36
DEUTSCHE SECURITIES	GPT	ORD	09-Aug-04	S	$-67,575$	236,432.76
DEUTSCHE SECURITIES	GPT	ORD	09-Aug-04	В		$-3.50$
DEUTSCHE SECURITIES	GPT.	ORD	10-Aug-04	S	$-333,572$	1,174,844.88
DEUTSCHE SECURITIES	GPT.	ORD	10-Aug-04	8	337,110	$-1,189,162.58$
DEUTSCHE SECURITIES	GPT.	ORD	10-Aug-04	S	$-53,000$	186,560.00
DEUTSCHE SECURITIES	GPT	ORD	10-Aug-04	В	113	$-395.50$
DEUTSCHE SECURITIES	GPT	ORD	11-Aug-04	S	$-26,150$	93,355.50
DEUTSCHE SECURITIES	GPT	ORD	11-Aug-04	S	$-1,284,813$	4,586,676.27

$\sim$ $\sim$

$\mathcal{L}^{\text{max}}{\text{max}}$ , $\mathcal{L}^{\text{max}}{\text{max}}$

$\mathcal{L}^{\text{max}}{\text{max}}$ and $\mathcal{L}^{\text{max}}{\text{max}}$ and $\mathcal{L}^{\text{max}}_{\text{max}}$

$\blacktriangleleft$

$\mathbb{E}[\mathbb{E}[\mathbb{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{E}[\mathbf{$

$\sim$

$\mathcal{A}$

$\beta_{\rm Z}$

$\bar{z}$