STOCKLAND — Director's Dealing 2014

Sep 3, 2014

Appendix 3Y

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

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

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	Graham John Bradley
Date of last notice	6 March 2014

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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	Name of holder:Daphino Pty Limited(as Trustee ofBradleySuperannuationFund)Nature of interest: Director of DaphinoPty Limited andBeneficiary ofSuperannuation Fund
Date of change	29 August 2014
No. of securities held prior to change	183,705 comprising:93,475Mr Graham John Bradley90,230Daphino Pty Limited (as TrusteeforBradleySuperannuationFund)

+ See chapter 19 for defined terms.

Class	Ordinary Stapled Securities
Number acquired	5,621
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$3.92 per security
No. of securities held after change	189,326 comprising:
	96,335Mr Graham John Bradley
	92,991Daphino Pty Limited (as TrusteeforBradleySuperannuationFund)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Acquisition of securities issued underthe Dividend/DistributionReinvestmentPlan (DRP).

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	Not Applicable
Nature of interest	Not Applicable
Name of registered holder(if issued securities)	Not Applicable
Date of change	Not Applicable
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	Not Applicable
Interest after change	Not Applicable

+ See chapter 19 for defined terms.

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	Not Applicable
to proceed during this period?
If prior written clearance was provided, on what date was this	Not Applicable
provided?

+ See chapter 19 for defined terms.