GPT GROUP — Regulatory Filings 2003

Oct 23, 2003

General Property Trust ASX Announcement

FIRE AT LONGITUDE 131°

24 October 2003

A bushfire has swept through Longitude 131°, the premium wilderness resort adjacent to Ayers Rock Resort owned by General Property Trust and managed by Voyages Hotels and Resorts.

A number of the fifteen tents were burnt in the fire and damage was sustained to some of the other structures. The Resort's emergency procedures were activated and all quests and staff were safely evacuated. Thankfully no-one was hurt.

It is very disappointing as the tents housed many original pieces of art and memorabilia. The facility will be rebuilt as soon as possible, with the commitment to achieve the same standard as that which won the title "World Best Wilderness Resort".

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Both replacement costs and the loss of profit are covered under GPT's insurance arrangements.

ENDS