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MIRVAC GROUP Capital/Financing Update 2010

Aug 5, 2010

65328_rns_2010-08-05_723a89a5-6edc-4fe8-b89a-fd6b7fd158d6.pdf

Capital/Financing Update

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6 August 2010

SALE OF MIRVAC SECURITIES UNDER THE SALE FACILITY

As previously announced, the implementation of the acquisition of the Westpac Office Trust (“WOT”) [ASX: WOT] by Mirvac Group [ASX: MGR] (“Mirvac”) was completed on Wednesday, 4 August 2010.

As part of the acquisition, scheme participants were given the opportunity to participate in a sale facility operated by Merrill Lynch International (Australia) Limited. 8,549,034 Mirvac securities that scheme participants were entitled to receive as a result of the acquisition were sold through the sale facility.

For sale participants who are instalment receipt holders:

  • the instalment debt will be deducted from the sale proceeds;

  • instalment receipts will be cancelled; and

  • the residual amount of the sale proceeds will be paid to those sale participants.

These Mirvac securities were sold at an average price of $1.365 per Mirvac security, with settlement to occur on Tuesday, 10 August 2010. As a result, final payments under the sale facility are expected to occur by Wednesday, 18 August 2010.

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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