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GROWTHPOINT PROPERTIES AUSTRALIA Capital/Financing Update 2011

Jan 30, 2011

65007_rns_2011-01-30_9213c8f4-adcf-4a55-bfa3-83c04f7d96fa.pdf

Capital/Financing Update

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LEVEL 10, 379 COLLINS STREET, MELBOURNE, VICTORIA, 3000, AUSTRALIA TEL : +61 3 8681 2900 FAX: +61 3 8681 2910 WEB: WWW.GROWTHPOINT.COM.AU

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31 January 2011

ASX ANNOUNCEMENT GROWTHPOINT PROPERTIES AUSTRALIA (ASX Code: GOZ)

Completion of sale of 45 Northlink Place, Virginia, Queensland

Further to the ASX announcement of 24 November 2010, Growthpoint Properties Australia is pleased to advise the sale of 45 Northlink Place, Virginia, Queensland completed today.

ENDS

Aaron Hockly Company Secretary

About Growthpoint Properties Australia (“GOZ”)

GOZ is a publicly traded ASX listed A-REIT (ASX Code: GOZ), that specialises in the ownership and management of quality investment property. It has a market capitalisation of approximately AUD $415 million and trades as a stapled security. It owns interests in a diversified portfolio of 33 commercial and industrial properties throughout Australia valued at approximately $977 million and has an investment mandate to invest in industrial, office and retail properties.

GOZ aims to grow its portfolio over time and diversify its property investments by asset class, geography and tenant exposure through individual property acquisitions, portfolio transactions and corporate activity (M&A transactions) as opportunities arise.

www.growthpoint.com.au

GROWTHPOINT PROPERTIES AUSTRALIA LIMITED (ACN 124 093 901, AFSL NO. 316409) GROWTHPOINT PROPERTIES AUSTRALIA TRUST (ARSN 120 121 002). DIRECTORS : L SHADDOCK (CHAIRMAN), T J COLLYER (MANAGING DIERCTOR), E K DE KLERK, G A JACKSON, J F MARAIS, L N SASSE, D SPRUELL COMPANY SECRETARY : A G B HOCKLY