SCENTRE GROUP — Director's Dealing 2016

Mar 20, 2016

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.

Name of entity	Scentre Group
ABN	Scentre Group Limited ABN 66 001 671 496
	Scentre Group Trust 1 ARSN 090 849 746
	Scentre Group Trust 2 ARSN 146 934 536
	Scentre Group Trust 3 ARSN 146 934 652

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	Sarah Carolyn Hailes Kay
Date of last notice	24 February 2016

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving
rise to the relevant interest.
Date of change	21 March 2016
No. of securities held prior to change	1,000
Class	SCG
Number acquired	4,500
Number disposed	-
Value / Consideration	1,346 securities at $4.38 per security
Note: If consideration is non-cash, provide detailsand estimated valuation	3,154 securities at $4.37 per security
No. of securities held after change	5,500

+ See chapter 19 for defined terms.

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

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for acontract in relation to which the interesthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value / ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation	N/A
Interest after change	N/A

Part 3 – + Closed period

Were the interests in the securities or contracts detailed above tradedduring a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceedduring this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

+ See chapter 19 for defined terms.