MIRVAC GROUP — Capital/Financing Update 2010

Apr 6, 2010

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7 April 2010

Mirvac granted exclusivity to conduct due diligence on a potential acquisition

Mirvac Group (“Mirvac”) today announced that it has been granted exclusivity by Westpac Funds Management Limited ("WFML"), as responsible entity of the Westpac Office Trust ("WOT"), and Westpac Banking Corporation Limited (“Westpac”) to conduct due diligence in relation to the potential acquisition of all units and instalment receipts in WOT.

The discussions between Mirvac, WFML and Westpac over the proposed acquisition are nonbinding, confidential and incomplete. Mirvac notes there is no certainty that the proposed acquisition will proceed. Mirvac also emphasises that the structure and consideration for the proposed acquisition have not been finalised. If Mirvac, WFML and Westpac agree to terms on the proposed acquisition, Mirvac will make a further announcement to the market.

For further information please contact:

Adam Crowe Group General Manager, External Relations +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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