STOCKLAND — Director's Dealing 2013

Jan 29, 2013

133 Castlereagh Street Sydney NSW 2000

T 02 9035 2000

F 02 8988 2000 www.stockland.com.au

30 January 2013 ASX Release

NOTIFICATION OF APPOINTMENT

After commencing as CEO of Stockland on 14 January 2013, Mr Mark Steinert has also been appointed as Managing Director of Stockland Corporation Limited and Stockland Trust Management Limited, as responsible entity of Stockland Trust, effective 29 January 2013.

Appendix 3X relating to Mr Mark Steinert's initial holdings of Stockland stapled securities is attached.

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, retirement living villages, office and industrial assets. Stockland has a long and proud history of creating places that meet the needs of our customers and communities.

For media enquiries		For investor enquiries
Greg Spears	Michelle Taylor	Ross Moffat	Annabelle Tait
Senior Manager -	General Manager -	Senior Manager -	Investor Relations
Media Relations	Stakeholder Relations	Investor Relations	Analyst
Stockland	Stockland	Stockland	Stockland
T +61 (0)2 9035 3263	T +61 (0)2 9035 2786	T +61 (0)2 9035 2480	T +61 (0)2 9035 2773
M +61 (0)406 315 014	M +61 (0)400 356 692	M +61 (0)412 256 224	M +61 (0)424 547 889

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.

Rule 3.19A.1

Appendix 3X

Initial 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.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mark Andrew Steinert
Date of appointment	29 January 2013

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

Nameofholder&natureofinterestNote: Provide details of the circumstances giving rise tothe relevant interest.	Number & class of Securities
Madison Way SuperannuationFund	65,800

Part 3 – 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	Nil.
Nature of interest	Not Applicable.
Name of registered holder(if issued securities)	Not Applicable.
No. and class of securities to whichinterest relates	Not Applicable.

+ See chapter 19 for defined terms.