STOCKLAND — Capital/Financing Update 2016

Jul 25, 2016

26 July 2016 133 Castlereagh Street T 02 9035 2000 Sydney NSW 2000 F 02 8988 2552 www.stockland.com

For media enquiries

Greg Spears

Senior Manager Media Relations Stockland T +61 (0)2 9035 3263 M +61 (0)406 315 014

Michelle Taylor

General Manager Stakeholder Relations Stockland

T +61 (0)2 9035 2786 M +61 (0)400 356 692

For investor enquiries

Antoinette Plater

Senior Manager Investor Relations Stockland T +61 (0)2 9035 3148 M +61 (0)429 621 742

STOCKLAND ANNOUNCES DISTRIBUTION REINVESTMENT PLAN PRICING

As announced on 20 June 2016, Stockland will operate its Distribution Reinvestment Plan (DRP) for eligible securityholders who selected the DRP as their preferred distribution payment method for the full year to 30 June 2016.

In accordance with the terms of the DRP, we advise that the issue price for each stapled security is $4.85, based on the average for the 15 daily volume weighted average prices of SGP stapled securities for the 15 trading days from 5 July 2016 to 25 July 2016, inclusive, with a discount of 1.0 per cent on the securities acquired under the DRP.

As announced on 20 June 2016, the deadline for securityholders to indicate DRP participation, or change an existing nomination, was 5pm (AEST) on Monday 4 July 2016.

The new securities will be issued to eligible securityholders on 31 August 2016.

ENDS

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Stockland

Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia’s largest diversified property group – owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. Stockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.

Stockland Corporation Ltd ACN 000 181 733 Stockland Trust Management Ltd ACN 001 900 741 AFSL 241190 as Responsible Entity for Stockland Trust ARSN 092 897 348

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