STOCKLAND — Director's Dealing 2006

Oct 29, 2006

Appendix 3Z

Rule 3.19A.3

Final 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
	STOCKLAND
	(Joint listing of Stockland Corporation Limited and Stockland Trust)
ABN
	Stockland Corporation Limited - 43 000 181 733
	Stockland Trust - 12 706 208 920

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	David John Fairfull
Date of last notice	5 September 2006
Date that director ceased to be director	24 October 2006

Part 1 - Director's relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Nil

+ See chapter 19 for defined terms.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest	Number & class of securities
Richvale Pty LtdNature of interest: Majorshareholder	478 Ordinary Stapled Securities
DJ Fairfull Pty Ltd <fairfull< b="">Family SIF AIC>Nature of interest: Trustee of MrFairfull's Superannuation Fund</fairfull<>	13,462 Ordinary Stapled Securities

Part 3 – Director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

$+$ See chapter 19 for defined terms.