MIRVAC GROUP — Capital/Financing Update 2008

Nov 2, 2008

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MARKET RELEASE

3 November 2008

Mirvac Group

TRADING HALT

The securities of Mirvac Group (the “Group”) will be placed in pre-open at the request of the Group, pending the release of an announcement by the Group. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Wednesday, 5 November 2008 or when the announcement is released to the market.

Security Code: MGR

Kim-Ly Nguyen Principal Adviser, Issuers (Sydney)

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3 November 2008

Ms Kim-Ly Nguyen Principal Advisor, Issuers (Sydney) ASX Markets Supervision Pty Limited Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000

Dear Kim-Ly,

Pursuant to Listing Rule 17.1, Mirvac Group requests a trading halt from the commencement of trading on Monday 3 November 2008.

The reason for the request is to allow the Mirvac Group to effect a capital raising. The period of the trading halt is proposed to end at the commencement of trading on 5 November or Mirvac Group announcing details of the capital raising, whichever is the earlier.

Mirvac Group is not aware of any reason why the trading halt should not be granted.

Yours sincerely

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Michael Smith Group Company Secretary

Mirvac is a leading ASX-listed, integrated real estate group with more than $27.2 billion of activities under control across the real estate funds management and development spectrum.

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