GPT GROUP — Major Shareholding Notification 2008

Nov 13, 2008

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder

To: GPT Group ACN: 107 426 504 ASX Code: GPT

1. Details of substantial holder

Name: IOOF Holdings Limited ACN: 100 103 722

This notice is given by IOOF Holdings Limited on behalf of itself and its subsidiaries.

There was a change in the interest of the substantial holder on: 11/11/08 The previous notice was given to the company on: 19/09/08 The previous notice was dated: 17/09/08

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required and when now required to give a substantial holding notice to the company or scheme, are as follows:

Class of securities	Previous notice		Present notice
	Person's votes	Voting Power	Person's votes	Voting Power
Ordinary	196,902,116	8.954%	416,238,608	10.455%

3. 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:

Person	Nature	Consideration	Class & number (ord)	Person's votes
IOOF Group	Increase in voting power	Average price $1.053	213,336,492	1.501%

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4. Present Relevant Interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder	Registered holder of securities	Person Entitled to be holder	Nature of relevant interest	Class & Number (Ord)	Person's votes
Perennial Investment Partners Limited (ACN 087 901 620)	State Street		Investment Manager	10,340,973	10,340,973
Perennial Investment Partners Limited (ACN 087 901 620)	NAB Custodian Services		Investment Manager	331,843,943	333,814,278
Perennial Investment Partners Limited (ACN 087 901 620)	JP Morgan		Investment Manager	25,848,943	25,848,943
Perennial Investment Partners Limited (ACN 087 901 620)	JB WERE		Investment Manager	557,127	557,127
Perennial Investment Partners Limited (ACN 087 901 620)	IAG Nominees		Investment Manager	10,177,386	10,177,386
Perennial Investment Partners Limited (ACN 087 901 620)	Citigroup		Investment Manager	22,523,921	22,523,921
Perennial Investment Partners Limited (ACN 087 901 620)	BNP		Investment Manager	12,818,190	12,818,190
Perennial Investment Partners Limited (ACN 087 901 620)	ASGARD		Investment Manager	129,441	129,441
IOOF Investment Management Limited (ACN 006 695 021)	NAB Custodian Services		Investment Manager	1,970,335	1,970,335

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IOOF Investment Management Limited (ACN 006 695 021)	IOOF Investment Management		Investment Manager	28,349	28,349

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name & ACN	Nature of association
Not applicable

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
GPT Group	Level 52 , MLC Centre , 19 Martin Place , SYDNEY,NSW,AUSTRALIA,2000
IOOF Holdings Limited	Level 29, 303 Collins Street Melbourne Victoria 3000
Perennial Investment Partners Limited	Level 29, 303 Collins Street Melbourne Victoria 3000
IOOF Investment Management Limited	Level 29, 303 Collins Street MelbourneVictoria 3000