MIRVAC GROUP — Capital/Financing Update 2010

Sep 22, 2010

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22 September 2010

MIRVAC GROUP PRICES MEDIUM TERM NOTE ISSUANCE

Mirvac Group (“Mirvac”) [ASX: MGR] is pleased to advise that yesterday it issued and priced a new A$200 million six year fixed Medium Term Note (“MTN”) into the domestic bond market, at a margin of 250 basis points.

The transaction was launched on Tuesday 21 September 2010, and due to strong demand was upsized from the initial offer of A$150 million.

This is Mirvac’s second MTN issuance into the domestic bond market in 2010 following its March five year MTN transaction, which was priced at a margin of 265 basis points.

Nick Collishaw, Mirvac’s Managing Director said, “Mirvac’s debt strategy is to diversify its sources of funding and extend its debt maturity profile, which this latest MTN issuance achieves.

We are very pleased with the extent of support that this issuance achieved from both our existing investor base and we welcome a number of new participants.”

ANZ and Westpac acted as Joint Lead Managers to the transaction with BNP Paribas acting as a CoManager.

For more information, please contact:

Adam Crowe General Manager, External Affairs +61 2 9080 8652

Investor Enquiries: Jessica O’Brien Group Investor Relations Manager +61 2 9080 8458

Media Enquiries: Kate Lander Group Communications Manager +61 2 9080 8397

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