MIRVAC GROUP — Capital/Financing Update 2019

Jun 18, 2019

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19 June 2019

ANNOUNCEMENT REGARDING TUCKER BOX HOTEL TRUST

Mirvac Group (ASX: MGR) (“ Mirvac ”) today announces that it has been unable to agree terms to sell its interest in Tucker Box Hotel Trust (Travelodge). As disclosed in Mirvac’s market announcement on 29 May 2019, the divestment was expected to occur by the end of FY19 and realise approximately book value.

Consistent with the market announcement of 29 May 2019, Mirvac confirms that without the divestment, preliminary FY20 EPS growth guidance will be greater than 3 per cent versus FY19 (compared to greater than 2 per cent versus FY19 with the divestment).

Preliminary FY20 DPS guidance of 5 per cent growth compared to FY19 remains unchanged.

For more information, please contact:

Media enquiries: Kate Lander General Manager, Communications +61 2 9080 8243

Investor enquiries: Bryan Howitt General Manager, Investor Relations +61 2 9080 8749

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