MIRVAC GROUP — Major Shareholding Notification 2009

Nov 26, 2009

Form 603 Corporations Law Section 671B

MGR

Notice of initial substantial holder

To:Company Name/Scheme The Secretary Mirvac Group Level 26 60 Margaret Street Sydney, NSW 2000 Fax No. 02 9080 8111 ACN/ARSN ACN 003 280 699

1. Details of substantial shareholder Name National Australia Bank Limited (ACN 004 044 937) and its associated companies listed in ACN (if applicable) Annexure A and which includes: MLC Investments Limited ACN 002 641 661 MLC Limited ACN 000 000 402 Aviva Australia Holdings Limited (ACN 38 095 045 784) The holder became a substantial holder on 24/11/2009

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities	Number of securities	Persons’ votes	Voting power
Ordinary	140,610,285	140,610,285	5.012%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest	Class and number of securities
MLC Investments Limited	Power to control voting and/or disposalofsecurities	Ordinary 110,594,587
MLC Limited	Power to control voting and/or disposalofsecurities	Ordinary 1,297,188
National Australia Bank Limited	Power to control voting and/or disposalofsecurities	Ordinary 26,150,000
Aviva Australia Holdings Limited	Power to control voting and/or disposalofsecurities	Ordinary 2,568,510
TOTAL		140,610,285

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class and number of securities
MLC Investments Limited	National Nominees Limited (ACN 004 278 899) RBC Global Services Australia Nominees Pty Limited (MasterKey Custom Superannuation Fund A/C) (ACN 097 125 123) RBC Dexia Investor Services Australia Nominees Pty Ltd (HML Superannuation Fund) (ACN 097 125123)		Ordinary 110,047,744 Ordinary 442,811 Ordinary 104,032

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MLC Limited	National Nominees Limited (ACN 004 278 899)		Ordinary 1,297,188
National Australia Bank Limited	National Nominees Limited (ACN 004 278 899)		Ordinary 26,150,000
Aviva Australia Holdings Limited	JP Morgan Nominees Australia Limited (ACN. 002 899 961) Navigator Australia Limited (ACN. 006 302 987)		Ordinary 2,509,296 Ordinary 59,214
		TOTAL	140,610,285

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration		Class and number of securities
		Cash	Non-cash
MLC Investments Limited	21/10/2009 to 24/11/2009	$1.41 to $1.63		Ordinary 6,912,869
National Australia Bank Limited	21/10/2009 to 24/11/2009	Securities Lending – Increase No consideration directly referable to the securities was provided by NAB		Ordinary 20,875,000
Elly Investments Pty Limited	21/10/2009 to 24/11/2009	$1.38 to $1.42		Ordinary 99,794

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable	Nature of association
MLCInvestmentsLimited	Is anassociated company of National AustraliaBank Limited
MLCLimited	Is anassociated company of National AustraliaBank Limited
EllyInvestmentsPtyLimited	Is anassociated company of National AustraliaBank Limited
AvivaAustraliaHoldingsLtd	Is anassociated company of National AustraliaBank Limited

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7. Addresses

The addresses ofpersonsnamedinthisformare asfollows:	The addresses ofpersonsnamedinthisformare asfollows:
Name	Address
National Australia Bank Limited	Level 4, (UB4440) 800 Bourke Street DOCKLANDSVIC 3008
MLC Investments Limited	Ground Floor MLC Building 105-153 Miller Street SYDNEY NSW 2000
MLC Limited	Ground Floor MLC Building 105-153 Miller Street SYDNEY NSW 2000
National Nominees Limited	Level 4, (UB4440) 800 Bourke Street DOCKLANDSVIC 3008
JP Morgan Nominees Australia Limited	Level 37 259 George St, SydneyNSW 2000
Navigator Australia Limited	Level 6, 509 St Kilda Rd, MelbourneVIC 3004
Aviva Australia Holdings Limited	509 St Kilda Road MelbourneVIC 3004
RBC Dexia Investor Services Australia Nominees Pty Ltd	Level 18, 56 Pitt Street, SydneyNSW 2000
Elly Investments Pty Ltd	Ground Floor, MLC Building, 105-153 Miller Street, SydneyNSW 2000
Cogent Nominees Pty Ltd	Level 6, 60 Castlereagh Street, SydneyNSW 2000

Signature print name signature	Robyn Weatherley Capacity Company Secretary for and on behalf of National Australia Bank Limited
	date 27/11 / 2009

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This is Annexure A of 7 pages referred to in the Form 603 Notice of becoming a substantial holder signed by me and dated 27/11/2009

Robyn Weatherley, Company Secretary

Company Name

ACN 129 177 788 Pty Ltd (In Liquidation) ALICE CORPORATION PTY LTD ALLERTON HOUSE PROPERTIES LIMITED ANCHORAGE HOME LOANS PTY LTD ANGARA COMPANY LIMITED Antares Capital Partners Pty Ltd ANTARES MANAGED INVESTMENTS LIMITED APOGEE FINANCIAL PLANNING LIMITED ARDB LIMITED ARIODANTE LIMITED ASIBOND PTY LIMITED AUSMAQ (NZ) LIMITED AUSTRALIAN BANKS' EXPORT RE - FINANCE CORPORATION LTD AUSTRALIAN COMPANY NUMBER 094 484 625 LIMITED AUSTRALIAN MARKET AUTOMATED QUOTATION (AUSMAQ) SYSTEM LIMITED BANK OF NEW ZEALAND BNZ AgriCapital Limited BNZ BRANCH PROPERTIES LTD BNZ Cash PIE Unit Trust BNZ CORPORATION LTD BNZ EQUIPMENT LTD BNZ Equity Investments Limited BNZ Equity Investments No.2 Limited BNZ Facilities Management Limited BNZ FUNDING LTD BNZ Income Management Limited BNZ Income Securities 2 Limited BNZ Income Securities Limited BNZ INTERNATIONAL (HONG KONG) LIMITED BNZ INTERNATIONAL AUSTRALIA LIMITED (In Liquidation) BNZ INTERNATIONAL FUNDING LTD BNZ INTERNATIONAL LTD BNZ Investment Services Limited BNZ INVESTMENTS LTD BNZ LIFE INSURANCE LIMITED BNZ PROPERTIES (AUCKLAND) LTD BNZ PROPERTIES LTD BNZ PROPERTY INVESTMENTS LTD BNZ RMBS Trust Series 2008-1 BNZ SECURITIES AUSTRALIA LIMITED (In Liquidation) BNZI SECURITIES NO.1 LTD

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CLYDESDALE BANK ASSET FINANCE LIMITED

CLYDESDALE BANK INSURANCE BROKERS LIMITED CLYDESDALE BANK PLC

CLYDESDALE EUROPE FINANCE LIMITED CLYDESDALE GROUP INVESTMENTS BV CLYDESDALE GROUP INVESTMENTS LIMITED CLYDESDALE INVESTMENTS B.V. CLYDESDALE INVESTMENTS UK LIMITED COMMERCIAL NOMINEES PTY. LIMITED CRUICKSHANK ASSET MANAGEMENT PTY LIMITED CUSTOM CREDIT HOLDINGS LIMITED (In Liquidation) DEESARN PTY LTD DIBA EQUITIES LIMITED DIBA INVESTMENTS LIMITED DISTRA PTY LTD EDEN VEHICLE RENTALS LIMITED (In Liquidation) ELECTRONIC TRANSACTION SERVICES LTD ELLY INVESTMENTS PTY LTD EVR LIMITED (In Liquidation) FAIRHALSEN COLLECTIONS LIMITED FAIRVIEW EQUITY PARTNERS PTY LTD FBP AWARDS FUND PTY LTD GIBSON HILLS PTY LIMITED GODFREY PEMBROKE LIMITED Great Western Bancorporation, Inc Great Western Bank Great Western Service Corporation GUIDESTAR FINANCIAL GROUP LIMITED GUIDESTAR FINANCIAL LIMITED GW Development Americas, Inc GW Leasing, Inc. GWB LLC

GWM ADVISER SERVICES LIMITED HEGIRA LIMITED HICAPS PTY LTD INTERCHANGE AND SETTLEMENT LIMITED JANA INVESTMENT ADVISERS PTY LIMITED Lauriston Dairies Limited LIMEHOUSE INVESTMENTS PTY LIMITED LOYALTY NEW ZEALAND LIMITED LOYALTY PACIFIC (HONG KONG) LIMITED LOYALTY PACIFIC PTY LTD MACHILL INVESTMENTS LIMITED MATRIX FILM INVESTMENT ONE PTY LIMITED MEDFIN AUSTRALIA PTY LIMITED MLC CORPORATE SERVICES ASIA (SINGAPORE) PTY LIMITED MLC CORPORATE SERVICES ASIA PTE LTD MLC HOLDINGS LIMITED MLC International Holdings (Singapore) Pte Ltd MLC INVESTMENTS LIMITED MLC LIFETIME COMPANY LIMITED MLC LIMITED MLC NOMINEES PTY LTD MLC NOMINEES UK LIMITED MLC PROPERTIES PTY. LIMITED MLC SAVINGS LIMITED MLC TRUST MANAGEMENT COMPANY LTD MOCKEY 1 PTY LIMITED MOCKEY 3 PTY LIMITED MOCKEY 4 PTY LIMITED MOCKEY 5 PTY LIMITED MONDEX NEW ZEALAND LTD MSRA HOLDINGS, INC MSRA UK LIMITED (In Liquidation) MUDCHUTE PTY LIMITED N.S.W. HOUSING NO.1 PTY. LIMITED NAB CAPITAL LLC NAB EUROPE LIMITED NAB GOLD, LLC NAB INVESTMENTS LIMITED NAB IRON, LLC NABCAPITAL LEASING (NO. 1) PTY LIMITED NABCAPITAL LEASING (NO.2) PTY LIMITED NabInvest Capital Partners Pty Limited NabInvest Holdings Limited Nabinvest Oxley Singapore Pte.Ltd nabSecurities, LLC NAF TRUSTEE LIMITED NAGE TRUSTEE COMPANY LIMITED NAGEO BV NAM NT RAIL PTY LIMITED

NATIONAL INFRASTRUCTURE INVESTMENT NO . 1 PTY LTD(In Liquidation) NATIONAL INFRASTRUCTURE INVESTMENT NO . 2 PTY LTD(In Liquidation) NATIONAL INFRASTRUCTURE INVESTMENT NO . 3 PTY LTD(In Liquidation) NATIONAL AMERICAS CAPITAL INVESTMENTS, LLC NATIONAL AMERICAS HOLDINGS LIMITED National Americas Holdings LLC NATIONAL AMERICAS INVESTMENT, INC. NATIONAL ASSET MANAGEMENT LIMITED NATIONAL AUSTRALIA (ASSET FINANCE) LIMITED NATIONAL AUSTRALIA BANK (GB) LIMITED NATIONAL AUSTRALIA BANK FINANCE IRELAND LIMITED NATIONAL AUSTRALIA BANK LIMITED NATIONAL AUSTRALIA BANK PENSION TRUSTEE (UK) LIMITED National Australia Bank Representações Ltda. National Australia Bank Superannuation Fund Pty Ltd NATIONAL AUSTRALIA CAPITAL SECURITIES (UK) PLC NATIONAL AUSTRALIA CORPORATE ADVISORY LIMITED (In Liquidation) NATIONAL AUSTRALIA CORPORATE SERVICES LIMITED NATIONAL AUSTRALIA FINANCE (ASIA) LIMITED NATIONAL AUSTRALIA FINANCE (ASSET LEASING) LLP NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED NATIONAL AUSTRALIA FINANCE (EQUIPMENT LEASING) LIMITED NATIONAL AUSTRALIA FINANCE (EUROPE HOLDINGS) LIMITED NATIONAL AUSTRALIA FINANCE (INFRASTRUCTURE LEASING NO.1) LIMITED NATIONAL AUSTRALIA FINANCE (INFRASTRUCTURE LEASING NO.2) LIMITED NATIONAL AUSTRALIA FINANCE (LEASING) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO. 2) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.1) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.3) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.4) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.5) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.6) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING) LIMITED NATIONAL AUSTRALIA FINANCIAL MANAGEMENT LIMITED NATIONAL AUSTRALIA FUNDING (DELAWARE) INC. NATIONAL AUSTRALIA GROUP (NZ) LIMITED NATIONAL AUSTRALIA GROUP CIF TRUSTEE LIMITED NATIONAL AUSTRALIA GROUP EUROPE ASSET HOLDINGS LIMITED NATIONAL AUSTRALIA GROUP EUROPE ASSET INVESTMENTS LIMITED NATIONAL AUSTRALIA GROUP EUROPE FINANCE BV NATIONAL AUSTRALIA GROUP EUROPE INVESTMENTS LIMITED NATIONAL AUSTRALIA GROUP EUROPE LIMITED NATIONAL AUSTRALIA GROUP EUROPE SERVICES LIMITED NATIONAL AUSTRALIA GROUP SERVICES LTD NATIONAL AUSTRALIA GROUP SSP TRUSTEE LIMITED NATIONAL AUSTRALIA INSURANCE SERVICES LTD NATIONAL AUSTRALIA INVESTMENT CAPITAL LIMITED NATIONAL AUSTRALIA LTD NATIONAL AUSTRALIA MANAGERS LIMITED

NATIONAL AUSTRALIA MERCHANT BANK (SINGAPORE) LIMITED NATIONAL AUSTRALIA OVERSEAS HOLDING (SINGAPORE) PRIVATE LIMITED NATIONAL AUSTRALIA PKI HOLDINGS LLC NATIONAL AUSTRALIA SECURITIES LIMITED NATIONAL AUSTRALIA TRUSTEES LIMITED NATIONAL AUSTRALIA UK PENSION TRUSTEE LIMITED NATIONAL AUSTRALIA UNDERWRITERS LIMITED NATIONAL CAPITAL FUNDING (UK) PLC NATIONAL CAPITAL HOLDINGS I INC. National Capital Instruments [AUD] LLC 1 National Capital instruments [AUD] LLC 2 National Capital Instruments [EURO] LLC 1 National Capital Instruments [EURO] LLC 2 National Capital Instruments II LLC 2 National Capital Instruments II LLC1 NATIONAL CAPITAL INVESTMENTS LIMITED NATIONAL CAPITAL TRUST I NATIONAL CAPITAL TRUST II (DELAWARE) National Capital Trust III NATIONAL CORPORATE INVESTMENT SERVICES LIMITED NATIONAL EQUITIES LIMITED NATIONAL EUROPE HOLDINGS (GB) LIMITED NATIONAL EUROPE HOLDINGS (WEALTH MANAGEMENT) LTD NATIONAL EUROPE HOLDINGS LIMITED NATIONAL FUNDING HOLDINGS PTY LIMITED NATIONAL FUNDING TRUST I NATIONAL FUNDING TRUST II (DELAWARE) NATIONAL GLOBAL MBS MANAGER PTY LTD NATIONAL GLOBAL MBS MANAGER, INC. NATIONAL HK INVESTMENTS LIMITED NATIONAL MARGIN SERVICES PTY LIMITED NATIONAL MARKETS GROUP LIMITED NATIONAL MORTGAGE SECURITIES, INC. NATIONAL NOMINEES LIMITED NATIONAL OBU PTY LIMITED NATIONAL ONLINE TRADING LIMITED NATIONAL ONLINE TRADING NOMINEES PTY LTD NATIONAL WEALTH MANAGEMENT EUROPE HOLDINGS LIMITED NATIONAL WEALTH MANAGEMENT EUROPE SERVICES LIMITED NATIONAL WEALTH MANAGEMENT HOLDINGS LIMITED NATIONAL WEALTH MANAGEMENT INTERNATIONAL HOLDINGS LTD NATIONAL WEALTH MANAGEMENT NEW ZEALAND HOLDINGS LIMITED NATIONAL WEALTH MANAGEMENT SERVICES LTD NAUTILUS INSURANCE (EUROPE) LIMITED NAUTILUS INSURANCE PTE LIMITED NBA LEASING PTY. LIMITED NBA PROPERTIES (QLD) LIMITED NBA PROPERTIES (VIC.) LIMITED NBA PROPERTIES LIMITED

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O2-E LIMITED

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