MIRVAC GROUP — Director's Dealing 2008

Nov 25, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

nformdocumeIntroduName	nformdocumeIntroduName	ton or ocuments given to ASXced 30/9/2001.	nts not avaabecome ASX’s p	e now must e groperty and may	ven to asbe made public.	soon as avaae. n	ormaton an
	Name	of entity	The Mirvac Gecurities of	roup (MGR) foirvac Limited	rmed by the sand Mirvac P	tapling ofoert Trust
						py
	ABN		i Liit	– 92 003 28	699
			rvac meMirvac Proper	ty Trust – 29	769 181 534

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Nicholas R Collishaw
Date of last notice	14 November 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Direct or indirect interest		Indirect
	Nature of indirect interest(including registered holder)		Holding registered to Peter D Collishaw(father)
Note: Provide details of the circumstancerelevant interest.Date of changeNo. of securities held prior toClassNumber acquiredNumber disposedValue/ConsiderationNote: If consideration is non-cash, providevaluation	Note: Provide details of the circumstancerelevant interest.	s giving rise to the
	Date of change		20 November 2008
	No. of securities held prior to	change	Direct: 723,507Indirect: 738,253Performance Rights: 985,960Options: 2,336,340
	Class		Ordinary Stapled Securities
	Number acquired		Indirect: 4,144
	Number disposed		Nil
	Value/ConsiderationNote: If consideration is non-cash, providevaluation	details and estimated	$0.90

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held	after change	after change		Direct: 723,507
				Indirect: 742,397
				Performance Rights: 985,960
				Options: 2,336,340
Nature of change				Participation in the Retail Entitlement
Example: on-market trade, off-market trade, exercise of options,				Offer
issueofsecuritiesunder	dividend	reinvestment	plan,
participation in buy-back

Part 2 – Change of director’s interests in contracts

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001