SCENTRE GROUP TRUST 1 — Board/Management Information 2003

Oct 9, 2003

10 October 2003

Westfield Management Limited

Level 24 Mestfield Towers 100 William Street Sydney NSW 2011 Australia GPO Box 4004 Sydney NSW 2001

Telephone 61 2 9358 7000 Facsimile 61 2 9358 7077

Company Announcements Office Australian Stock Exchange Limited Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000

The Manager Companies New Zealand Stock Exchange Limited Level 9, ASB Bank Tower 2 Hunter Street Wellington New Zealand

Dear Sirs,

Westfield Group - Appointment of Director - Investor Relations & Equity Markets

Westfield is pleased to announce the appointment of Mr Elliott Rusanow as Director -Investor Relations & Equity Markets.

Mr Rusanow's appointment follows the resignation of Mr Victor Hoog Antink as Director of Funds Management. Mr Hoog Antink will join Deutsche Bank as the Head of Deutsche Bank Real Estate Australia. Mr Rusanow will assume the functions formerly performed by Mr Hoog Antink.

Yours faithfully WESTFIELD MANAGEMENT LIMITED Responsible Entity of Westfield Trust

Simon Tuxen Company Secretary