GPT GROUP — Regulatory Filings 2004

Jul 26, 2004

MARKET RELEASE

27 July 2004

General Property Trust and GPT Split Trust

TRADING HALT

The securities of General Property Trust and GPT Split Trust (the "Trusts") will be placed in pre-open at the request of the Trusts, pending the release of an announcement by the Trusts. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 29 July 2004 or when the announcement is released to the market.

GPT Security Code: GSTIN GSTCP

A. R. A. Black

Andrew Black Senior Companies Adviser

40 \27.JUL.2004 ⊥ඨ15:29 IAA

GPT SPLIT

TRUST

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NO 784

P.2/3UUL/UUI

27 July 2004

Companies Announcement Office Australian Stock Exchange Limited Exchange Centre Laval 6 20 Bridge Street Sydney NSW 2000

Attention: Marian Tang Facsimile: 08 9221 2020

Dear Ms Tang

GPT Split Trust (ASX: GST) - Request for Trading Halt

We confirm our request that a trading halt in securities of GST be granted by ASX.

The trading halt is necessary as an announcement is expected to be made in response to the proposal by Lend Lease Corporation Limited to merge with General Property Trust.

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We request that the trading halt last until General Property Trust confirms that all announcements have been made, which it expects to do prior to market opening on Wednesday 28 July 2004.

We are not aware of any reason why the irading halt should not be granted.

Yours faithfully GPT MANAGEMENT LIMITED

James Coyne

Legal Counsel & Company Secretary

GFT Management Umjed AGN 94 000 395 473 as Responsible Entry and Trutte of GPT Spite Truet ABN 85 511 466 045

Line 4 SD The Bend 30 Historian Read Millors Point NSW 2000 Australia

EFT Unionidat Service Centre Principal 1800 025 095 Factifille 02 9236 5020

GPT@Sndjmse.com.zu

www.gnt.com.nu

$417$ V27, JUL, 2004 V 15:29 $24$

$M$ ASX LISTINGS SYD 61 2 92417620 ASX PERTH

27 July 2004

Companies Announcement Office Australian Stock Exchange Limited Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000

Attention: Marian Tang Facsimile: 08 9221 2020

Dear Ms Tang

General Property Trust (ASX: GPT) - Request for Trading Halt

GPT Management Limited ARN 54 000 335 473 as Recognation Galley and fruction of Grand Frobert Trust AGN 58 071 755 609

Little A 50 The Band 30 Vickson Finad Millers Point NSW 2005 Australia

GPT Unitholder Service Centre Fragall 1800 025 085 Sacrimic 02 8236 5020

GPT CREATED Support CAPT CREATED

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www.gpbcom.au

We confirm our request that a trading halt in securities of GPT be granted by ASX.

The trading halt is necessary as an announcement is expected to be made in response to the proposal by Lend Lease Corporation Limited to merge with General Property Trust.

We request that the trading halt last until General Property Trust confirms that all announcements have been made, which it expects to do prior to market opening on Wednesday 28 July 2004.

We are not aware of any reason why the trading halt should not be granted.

Yours faithfully GPT MANAGEMENT LIMITED

Janes Coyne égal Counsel & Company Secretary

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NO 784 P.3/3