MIRVAC GROUP — Regulatory Filings 2003

Jul 28, 2003

Appendix 3Y

Rule 3.19A.2

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 $30/9/2001$ .

Name of entity
The Mirvac Group (MGR) formed by the stapling of securities of Mirvac Limited and Mirvac
Property Trust
ABN Mirvac Limited - 92 003 280 699
Mirvac Property 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	Robert Webster
Date of last notice	24 April 2003

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	25 July 2003
No. of securities held prior to change	11,984
Class	Ordinary
Number acquired	226
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$817.47 (\$4.40608 per stapled security)
No. of securities held after change	12,210

$+$ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, Dividend Reinvestment Plan issue of securities under dividend reinvestment plan, participation in buy-back
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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.