STOCKLAND — Director's Dealing 2016

Sep 6, 2016

Appendix 3Y Change of Director’s Interest Notice

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 30/09/01 Amended 01/01/11

Name of entity	STOCKLAND
	(Joint listing of Stockland Corporation Limited and Stockland Trust)
ABN	Stockland Corporation Limited – 43 000 181 733
	Stockland 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	4 March 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 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 for the Bradley Superannuation Fund) Nature of interest: Director of Daphino Pty Limited and beneficiary of the Bradley Superannuation Fund
Date of change	31 August 2016
No. of securities held prior to change	216,540 comprising: Graham John Bradley – 115,243; and Daphino Pty Limited (as trustee for the Bradley Superannuation Fund) – 101,297
Class	Ordinary stapled securities
Number acquired	5,490 comprising: Graham John Bradley – 2,922 Daphino Pty Limited (as trustee for the Bradley Superannuation Fund) – 2,568
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	$4.85 per ordinary stapled security
No. of securities held after change	220,030 comprising: Graham John Bradley – 118,165; and Daphino Pty Limited (as trustee for the Bradley Superannuation Fund) – 103,865
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐ back	Acquisition of ordinary stapled securities issued pursuant to the Stockland Distribution and Dividend Reinvestment Plan.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Not applicable to proceed during this period?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this Not applicable provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3